More Sleight of Hand from Ground Zero Developer

Weird Twist in Ground Zero Mosque: More Dishonesty
Developer Owns Only Part of the Property :)
Not so fast, jihadists .............. looks like they jumped the gun.

NY Post Exclusive: Half-baked mosque

Developer owns only part of site

The developers of the controversial mosque proposed near Ground Zero own only half the site where they want to construct the $100 million building, The Post has learned.

One of the two buildings on Park Place is owned by Con Edison, even though Soho Properties told officials and the public that it owns the entire parcel. And any potential sale by Con Ed faces a review by the state Public Service Commission.

“We never heard anything about Con Ed whatsoever,” said a stunned Julie Menin, the chairwoman of Community Board 1, which passed a May resolution supporting the mosque.

Daisy Khan, one of the mosque’s organizers, told The Post last week that EvilKhan center. But she claimed ignorance about the Con Ed ownership of 49-51 Park Place and referred questions to Soho Properties, which bought the building at 45-47 Park Place in 2009.

Rep. Peter King, who opposes the mosque, said the developers seemed to be “operating under false pretenses.”

“I wonder what else they are hiding,” said King (R-LI). “If we can’t have the full truth on this, what can we believe?”

Sharif El-Gamal, the head of Soho Properties, first came forward in 2006 seeking to buy the empty building at 45-47 Park Place, said Melvin Pomerantz, whose family owned the property.

Pomerantz said El-Gamal eventually raised $4.8 million cash for 45-47 Park Place. El- Gamal paid an extra $700,000 to take over the lease with Con Ed for the building next door. The lease expires in 2071.

The two buildings were connected years ago — common walls were taken down — and housed a Burlington Coat Factory store.

Con Ed said El-Gamal told the utility in February that he wanted to exercise the purchase option in his $33,000- a-year lease for the former substation.

The utility is now doing an appraisal to determine the property value, and it would be up to El-Gamal to decide whether to accept the price, the utility said. The price is estimated at $10 million to $20 million.

“We are following our legal obligations under the lease. We will not allow other considerations to enter into this transaction,” Con Ed said.

The sale proposal will go to the Public Service Commission, where it could possibly face a vote by a five-member board controlled by Gov. Paterson.