Privately Owned News and Resource Site - College Grants & Scholarship Resources -
October 14, 2019

Donald Trump Makes Offer On Ground Zero Mosque Location

(Los Angeles – — Donald Trump is making an offer to buy out the shares of real estate investor Hisham Elzanaty, a majority investor in Park51, which is the real estate company behind the Ground Zero mosque controversy. The proposed 13-story Islamic center has been a heated debate over the last few weeks and if a Trump buy-out would help quell the issue.

Hisham Elzanaty is an Egyptian born real estate investor currently residing in Long Island.  It is not fully known whether Mr. Elzanaty has 100% control over the decision as he is part of an eight person investment group.

This announcement by Donald Trump was released today, Thursday, via a letter and it says that Mr. Trump is not making the offer because he believes it is a great real estate opportunity, but instead to end “a very serious, inflammatory, and highly divisive situation.”  Trumps offer comes at 25% above Mr. Elzanaty’s original purchase price.

Elzanaty has not made a public statement and calls to his representation have not been answered yet but it has been stated that he invested in the property location with the purpose of making a profit on it. Hopefully the 25% premium Trump is willing to pay will be enough. Elzanaty has been on record as saying he supports the building of a mosque on his property.

Although the Donald is known for his love of the spotlight and publicity driving actions, we hope that this deal is offered to truly bring calm to a potentially volatile situation.

*In a BREAKING NEWS update, the LA Times is saying Trump’s offer has been turned down with Elzanaty’s lawyer saying it’s “a cheap attempt to get publicity and get in the limelight.”

Be the first to comment

Leave a Reply

Your email address will not be published.


The website is not associated with the government