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Money May End Mosque Fight
For weeks, the fight over a proposed mosque and Islamic cultural center in lower Manhattan has been framed in talk of freedom of religion, respect of those lost during the 9/11 attacks, or opposition to radical elements. But the debate—one that's reached far outside of New York and inflamed people across the country—now may be take on a decidedly business-like tone, one focused on the value of the real estate.
Hisham Elzanaty, an Egyptian-born U.S. citizen who owns owns medical clinics in New York City and invests in real estate, is one of the owners of the building that once housed a Burlington Coat Factory and stands a few blocks away from where the World Trade Center stood.
"If someone wants to give me 18 or 20 million dollars today, it's all theirs," Elzanaty told the Associated Press. "I'm a businessman. This was a mere business transaction for me."
Elzanaty maintains he controls the lease on the building, though the ultimate control is in some dispute.
J. Jennings Moss is editor of Portfolio.com.
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