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Haxan, meanwhile, had its own problems, struggling to nail down the financing for "Heart of Love".
Developers of other projects on 125th Street, however, have yet to pin down the financing they need to begin construction.
"If you can bring down the financing costs, that brings down the cost of the project, makes it more feasible.
There have been many accusations that the Saudis have not moved forcefully enough to shut down the financing of terrorism and that the White House has been too timid in forcing the Saudi government to show faster results.
While praising the Bush administration for blocking assets of some charitable organizations since the Sept. 11 attacks, the report from the Council on Foreign Relations concluded that there was much work to be done in shutting down the financing of terror groups.
The State Department claims the Kingdom cooperates in shutting down the financing of terrorism and in sharing intelligence.
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If that were true, it would be foolish for HSBC to close down the finance company business now, even if buying it in 2003 had been a mistake.
The officials have been working to clamp down on the financing pipeline to cartels and terrorist organizations.
One day after the attacks in the United States, the Security Council adopted a resolution condemning them, and then passed another, on Sept. 28, obliging all 189 member countries to crack down on the financing, training and movement of terrorists.
Last December, the Bush administration froze the assets of three large Muslim charities in the United States -- Benevolence International, Global Relief and Holy Land Foundation -- as part of its effort to clamp down on the financing of terrorist organizations.
If the buyer has any credit blemishes, you usually want to sit down with the finance manager and ask a couple of questions, and you may need to sit down with the customer and interview them as well.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com