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Monday, August 30, 2010

Ground Zero Mosque Developers Owe $224k in Back Taxes

New York Post, Mosque Big Owes 224G Tax:

The mosque developers are tax deadbeats.

Sharif El-Gamal, the leading organizer behind the mosque and community center near Ground Zero, owes $224,270.77 in back property tax on the site, city records show.

El-Gamal's company, 45 Park Place Partners, failed to pay its half-yearly bills in January and July, according to the city Finance Department.

The delinquency is a possible violation of El-Gamal's lease with Con Edison, which owns half of the proposed building site on Park Place. El-Gamal owns the other half but must pay taxes on the entire parcel.

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Comments

If property taxes are too high in lower Manhatten, perhaps the mosque developers should move the project out of the area.

Posted by: Woody | Aug 30, 2010 7:41:18 AM

Were it to become a religious building owned by an exempt organization, no taxes would be owed on it. This of course will not impact back taxes. The exemption from real estate taxes often has our churches, temples and other exempt organizations (e.g. museums) located in high rent areas once they have purchased the land. It is a real problem for city finances in many cities.

Posted by: Bill | Aug 30, 2010 9:32:38 AM

Just in-line with current Democratic tax policy "taxes for thee, but not for me"

Posted by: Bonzo | Aug 30, 2010 12:07:28 PM

Woody's right. Property taxes are low in Murfreesboro, TN. Shouldn't be any problem with building there.

Posted by: Birchy | Aug 30, 2010 4:29:48 PM