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Tags: ground zero | mosque | site | luxury | condos

Crain's: Ground Zero Mosque Site to Be Luxury Condos

Crain's: Ground Zero Mosque Site to Be Luxury Condos
Developer Sharif El-Gamal (Getty Images)

By    |   Sunday, 27 September 2015 10:52 PM EDT

The site near Ground Zero in New York City where a controversial plan to build a mosque was averted five years ago will now be the home to luxury condominiums, the Crain's New York reports.

The developer now plans a 70-story residential skyscraper on the site, just two blocks north of the World Trade Center Twin Towers once stood.

"The tower is going to be a market-maker," developer Sharif El-Gamal said. "We’ve perfected a building that’s really going to share in a unique moment."

Manhattan is experiencing a condo boom, and the median price of apartments in the area this year was $1.15 million, which is a 6.4 percent increase over 2015.

The building is expected to be finished in 2017.

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US
The site near Ground Zero in New York City where a controversial plan to build a mosque was averted five years ago will now be the home to luxury condominiums, the Crain's New York reports.
ground zero, mosque, site, luxury, condos
121
2015-52-27
Sunday, 27 September 2015 10:52 PM
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