“Location”, “location” and “location” are said to be the three most important attributes of real estate properties in terms of desirability. The proposal to build Cordoba House, now called the Park 51 Islamic Community Center, within two blocks of the former World Trade Center site affords much opportunity to speculate about the three most important attributes of this particular development; they are not self-evident. There might be more lucrative commercial alternatives to building a mosque and related facilities at 51 Park in New York City. Supposedly, Soho Properties originally planned to develop a condominium project before partnering with Imam Faisal … Continue reading On Location