Sources familiar with the deal say the sale made sense because Williams is a small school — it has roughly 2, undergraduate students — and therefore could easily fold its facility into one operated by a larger institution like Princeton, saving on operating costs and realizing proceeds from the sale. Because the group was at Grubb however when they started marketing the property, it is likely they will be unable to collect their commission on the sale because BGC gained the right to collect those proceeds based on a ruling by the bankruptcy court in April.
BGC offered Grubb brokers their share of the deals they arranged only if they signed a contract to remain with the company. Many, including the Carrega team, chaffed at that offer and fought it unsuccessfully in the bankruptcy proceeding.
Tags JLL micro units morgans hotel group. Related Articles. Flight to quality in office real estate leaves trophy buildings the only winners. CenterPoint buys second warehouse in Hunts Point. JLL purchases artificial intelligence startup. Feil Organization to buy Downtown Brooklyn development portfolio. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website.
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We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Necessary Necessary. We survived the Arab Islamic armies, who invaded Babylon in year and proclaimed Islam as the official religion of the country and even changed the country's name to Iraq.
Adaptive as we are, we welcomed Arab rule with mutual recognition between the two religions. We even adopted the Arabic language and no longer used Aramaic. The Jewish population included bankers, physicians, engineers, astronomers, and translators. It is interesting to note, that at this period a wandering Babylonian rabbi, known as Aharon of Baghdad, introduced the mystic traditions and wisdom of the Babylonian Jewry to his followers in Italy, therefore establishing the nucleus of the Ashkanazi and Hassidic movement.
The story continues Baghdad was conquered in year by the Shiite Moslems and then by the Turks in year This was a bad time for the Iraqi Jews. At that period of time 40, Jews lived in Baghdad and possessed 28 magnificent synagogues.
At the beginning of the 20th century the Jewish population reached 80,, two thirds of whom lived in Baghdad. As the Turkish Empire reached its final days,, policies towards the Jews turned hostile and the Jews experienced an economic recession. We survived the outbreak of World War I in which brought a worsening of the treatment of Jews by the Turkish rulers. The British conquest of Iraq started a new beginning for the Iraqi Jews.
The most important of these minorities is the great community of the Jews, who number some 90, The importance of the modern Jewish community in the country is based on commercial power It would seem that the Jews are by far the wealthiest of the various communities Until the recent arrival of the European bank, they controlled all banking activities in the country, and a large proportion of the import and export business has always been in their hands They also control an appreciable proportion of the retail trade of the country His knowledge is frequently very broad By The British declared the establishment of a constitutional democratic state in Iraq and Faisal was declared King.
King Faisal, a moderate ruler, was sympathetic to the Jews. They, in turn, served his kingdom faithfully. Relations between Jews and Moslems were excellent.
Following his death in , King Faisal was succeeded by his son Ghazi who had less favorable attitude towards the Jews. He gave a free rein to the extreme elements in the country which invited anti-semitism and Nazi propagandist, stimulating hatred of the Jews. These developments caused a decline in the economic condition of the Jews in Iraq, In , King Ghazi was killed in a mysterious traffic accident.
In , the pogrom and riots began against the Jews lasting two day where more than Jews were killed in the streets of Baghdad, people wounded and homes damaged. The pogrom of shook the Jews of Iraq, shattering their hopes for a future in that country, yet These events rekindled the ancient attachment to Palestine.
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