Con Ed To Park51: Pay $1.7 Million In Back Rent Or We Take The Property
Con Ed raised the rent from $2,750 a month, a rate set in 1972, to $47,437 a month, retroactive to July 31, 2008, The Post has learned.
When the mosque failed to fork over the $1.7 million, the utility fired off a letter demanding the money by Oct. 4 and threatening to evict.
Park51 principals responded with a lawsuit to stop the increase, calling Con Ed’s rent demands “outrageous.”
“Whether it is bowing to political pressure or seeking to retain the valuable premises for itself, Con Ed appears intent on proceeding with its wrongful termination,” argued Sharif El-Gamal (inset), the lead Park51 developer.
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