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In Tribeca, a controversial site that seized national attention in the wake of 9/11 is back in court. Sharif El-Gamal ’s vacant development site at 49-51 Park Place is facing foreclosure next to 45…

Arden Group won the long-awaited UCC foreclosure auction for Sharif El-Gamal’s Margaritaville Hotel. The lender used its existing debt to submit a credit bid of $1,000 to acquire an equity stake in t…

Sharif El-Gamal’s Tribeca money pit has become a burial ground for its lender. Malayan Banking Berhad, which has been trying for nearly three years to foreclose on El-Gamal’s stalled 45 Park Place con…

As Sharif El-Gamal stalls for time at his struggling Margaritaville hotel, his lender fears the property’s value is wasting away. Craig Spencer’s Arden Group accused the hotel’s owner of fraud for …

Sharif El-Gamal is calling a Hail Mary to try and save his Margaritaville Hotel. The developer on Wednesday asked a judge to call off the UCC foreclosure auction for his 234-room Times Square hotel, …

Sharif El-Gamal filed a last-ditch maneuver over the weekend to delay the foreclosure auction for his Margaritaville hotel, which had been scheduled for Monday morning. The Soho Properties developer …

Sharif El-Gamal and his investors are personally on the hook for $86 million in debt after throwing the Margaritaville hotel in Times Square into bankruptcy to stall a foreclosure, the project’s lende…

Soho Properties’ Sharif El-Gamal with the Margaritaville hotel at 560 7th Avenue (Getty, Google Maps) Some people claim there’s a mortgage to blame. But it could be Sharif El-Gamal’s fault. Like…

A synagogue is suing Sharif El-Gamal over lost sacred space at Times Square Margaritaville. The Garment Center Congregation filed a lawsuit against the Soho Properties owner, claiming El-Gamal had ren…

One New York developer is suing another for half a million in unpaid rent at a Midtown synagogue. The Chetrit Group claims that developer Sharif El-Gamal owes nearly $500,000 in rent for 1384 Broadway…

Sharif El-Gamal put together one of the most unusual financing packages in the history of New York City real estate when he secured a sharia-compliant construction loan four years ago for his glitzy T…

Sharif El-Gamal built a 667-foot condo tower in Tribeca. Now he’s threatening to rip the top of it down, his lender says. The developer is playing hardball, according to the lender, warning that if a …

As Sharif El-Gamal sought to refinance 45 Park Place, construction crews prepared to abandon the luxury condo site this week over nearly $10 million in unpaid work — just a month shy of topping out. G…

Jeffrey Lam’s Lam Generation is planning to build a hotel on a Chelsea site after a $60 million deal to sell it to Sharif El-Gamal fell through, sources told The Real Deal. The site is currently conta…

Sharif El-Gamal is one of the lucky ones. The founder and CEO of Soho Properties, developer of 560 Seventh Avenue in Times Square and 45 Park Place in Tribeca, has tested positive for Covid-19, he sai…

When a lender moved to foreclose on Sharif El-Gamal’s Tribeca condo tower, it tapped one of the top defenders of besieged condo projects to oversee the development while the two parties were in court.…

From the August 2014 issue:In 2010, developer Sharif El-Gamal sparked a national firestorm when he announced plans to build Park51, a 15-story Islamic cultural center at 51 Park Place. His critics fam…

UPDATED, Feb. 26, 11:18 a.m: Sharif El-Gamal has finally landed a construction loan for his Margaritaville hotel development in Times Square. The financing allows him to pay the investor who held the …

Sharif El-Gamal secured $33 million in financing for his Park Place condominium and Islamic museum project, The Real Deal has learned. Madison Realty Capital provided the loan, which El-Gamal will use…

Sharif El-Gamal’s Soho Properties is in contract to buy a Chelsea development site at 113-117 West 24th Street for $60 million, The Real Deal has learned. The deal will allow El-Gamal to build a comme…