Sharif El-Gamal | The Real Deal New York

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Sharif El-Gamal

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

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.


06/07/18 Cobble Hill with a $297 million construction loan; Sharif El-Gamal’s 45 Park Place with a $33 million acquisition and predevelopment loan; Raphael Toledano’s acquisition...

...a backer in projects like 45 Park Place by Sharif El-Gamal and owns stakes in Grand Central Terminal. Check out some of Dell's highlight reel...

02/22/18 real estate investor, backing projects such as Sharif El-Gamal...

...was settled in February 2017. Soho Properties, headed by Sharif El-Gamal, was in contract to purchase the 24th Street site for two years, but, as...

...November, The Real Deal reported that Sturner and Sharif El-Gamal were in late-stage talks to revive plans for a Times Square site once slated...

...amid rumblings of a potential supply glut. Developer Sharif El-Gamal of Soho Properties, for instance, told TRD that in order to score the money...

...Park Place (credit: Williams New York) 45 Park Place Sharif El-Gamal’s Soho Properties offered this sneak peek of 45 Park Place in February, a 43-story...

11/27/17 560 Seventh Avenue, Jimmy Buffett, Norman Sturner and Sharif El-Gamal The dream is not over. Sharif El-Gamal’s Soho Properties, in partnership with MHP...

...full story here). Developers including Christopher Wein and Sharif El-Gamal registered positive notes about how those new restrictions were not going to kill Chinese...

...questioning whether their money will be welcome. Developer Sharif El-Gamal, however, said that he saw Trump’s election as an opportunity for investment, with...

...Rendering of 45 Park Place, Sharif El-Gamal and Vickey Barron With construction well underway at 45 Park Place, Soho Properties has brought...

...Hound Management), Nick Mastroianni (U.S. Immigration Fund), Sharif El-Gamal (Soho Properties), Hu Gang (Greenland Usa), Bentley Zhao (New Empire Real Estate), Kobi Karp...

09/29/17 left: Jed Garfield, Rob Verrone, Steve Witkoff, Sharif El-Gamal, Daniel Hedaya, Jacky He and Ryan Shear The Real Deal is gearing up for...

...Norman Sturner, rendering of the Dream Hotel and Sharif El-Gamal (Credit: Getty Images) Eli Cohen, who sold off a Times Square-area office building for...

...percent in late 2015, according to CoStar Group data. Sharif El-Gamal “Office is holding its own, but is under tremendous stress,” said lawyer Eugene Pinover...

...were later put under seal. And in April, Sharif El-Gamal’s Soho Properties sued Hidrock Properties, alleging the firm used confidential information obtained during...

...Witkoff Group bought it for $31.5 million in 2006, then Sharif El-Gamal’s Soho Properties paid $45.7 million in 2009. San Francisco-based Walnut Group bought it for $65 million...

...Terminal and participated in the $219 million Sharia-compliant loan Sharif El-Gamal landed last year for the shaky condo project at 45 Park Place. Billionaire Steve Cohen...

...From left: Sharif El-Gamal (credit: Getty Images), rendering of the Dream Hotel and Jack Hidary Sharif El-Gamal wants...

...From left: Jack Hidary, Sharif El-Gamal and Norman Sturner with a rendering of the Dream Hotel Correction: The story below...

...From left: Sharif El-Gamal 113-117 West 24th Street and Jeffrey Lam Jeffrey Lam’s Lam Generation is planning...

...for $31.5 million in 2006 from a local family, and Sharif El-Gamal’s Soho Properties bought it in 2009 for $45.7 million. Walnut Hill purchased it in 2012 for...

...Details surrounding Sharif El-Gamal...

...of Kuafu Properties; Scott Alper, president of Witkoff; Sharif El-Gamal, CEO of Soho Properties; Stan Gale Jr., president of Gale International; and Ziel Feldman...

...From left: Sharif El-Gamal, Gil Dezer, Stan Gale Jr., Shang Dai, Scott Alper, Ziel Feldman, Don Peebles and...
  • 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
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
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
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
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.

...a Dream Hotel in the first-ever look at Sharif El-Gamal’s glassy, 29-story project. The bluish-silver metal screen, which separates the hotel’s retail...