Sharif El-Gamal | TRD Research
X


NAME


EMAIL


SUGGESTED
UPDATE


[wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Sharif El-Gamal

Founder
Soho Properties
31 West 27th Street, Ninth Floor
New York, NY 10001
(212) 966-9600
Website

Sharif El-Gamal is the chairman and chief executive of the real estate investment firm Soho Properties. The firm is known for attempting to develop Park51, a community center and Islamic prayer space located two blocks from ground zero. The project has been dramatically scaled back from preliminary plans. Opponents incorrectly dubbed it Ground Zero Mosque and said it did not belong so close to the site of the World Trade Center terrorist attacks, which were perpetrated by extremist Muslims. A national debate on the issue ensued.

El-Gamal was born in 1973 in Brooklyn, to an Egyptian Muslim father and a Polish Catholic mother. He spent the latter part of his childhood in Liberia and Egypt with his father, after his mother died when he was 9 years old.

-TA

  • Event Financing
  • Address 560 Seventh Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 170,000
  • Price $ 270,000,000
  • Publication Date 03/02/2019
  • Event Date 02/25/2019
  • Party 1 Sharif El-Gamal
  • Party 2 Related Fund Management, Angelo Gordon, Hana Financial Investment
notes
The lender issued a construction loan of $270 million for the Times Square property.
  • Event Financing
  • Address 45 Park Place
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 219,000,000
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Soho Properties
  • Party 2 Malayan Banking Berhad, Warba Bank, Intesa Sanpaolo
notes
The company owned by Sharif El-Gamal secured a $219 million construction loan consisting of a $174 million construction loan and a $45 million mezzanine loan.
  • Event Financing
  • Address 45 Park Place
  • Neighborhood Tribeca
  • Borough Manhattan
notes
A $33 million loan was provided to finalize the $10.7 million fee interest acquisition of 49-51 Park Place and fund predevelopment costs for the 120,000-square-foot residential condo project at 45 Park Place. Includes 49-51 Park Place.
  • Event Sales
  • Address 31 West 27th Street
  • Neighborhood NoMad
  • Borough Manhattan
  • Price $ 65,000,000
notes
The property sold for $65 million. Sharif El-Gamal's Soho Properties acquired the building for $45.7 million in October 2009.
  • Event Sales
  • Address 431 Broome Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 5,364
  • Price $ 4,900,000
  • Price per foot $ 913.50
notes
The building sold for $4.9 million, which represents a capitalization rate of 3.3, a gross rent multiple of 24.3 and a per square foot price of $914. The property includes ground floor retail and three floors of residential space; it is zoned for an additional 7,461 square feet of air rights.

12/28/2015
Clockwise from top left: 520 West 28th Street, the World Trade Center complex, 475 West 18th StreetAnd 303 East 44th Street Let’s face it -- Clockwise from top left: 520 West 28th Street, the World Trade Center complex, 475 West 18th StreetAnd 303 East 44th Street Let’s face it --...