Property Sharks Circle Ravaged Beirut Homes

Workers remove the rubble beneath a partially-destroyed traditional Lebanese building in the Gemmayzeh neighborhood of the capital Beirut, in the aftermath of the devastating port blast, on August 26, 2020. (Photo by JOSEPH EID / AFP)
Workers remove the rubble beneath a partially-destroyed traditional Lebanese building in the Gemmayzeh neighborhood of the capital Beirut, in the aftermath of the devastating port blast, on August 26, 2020. (Photo by JOSEPH EID / AFP)
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Property Sharks Circle Ravaged Beirut Homes

Workers remove the rubble beneath a partially-destroyed traditional Lebanese building in the Gemmayzeh neighborhood of the capital Beirut, in the aftermath of the devastating port blast, on August 26, 2020. (Photo by JOSEPH EID / AFP)
Workers remove the rubble beneath a partially-destroyed traditional Lebanese building in the Gemmayzeh neighborhood of the capital Beirut, in the aftermath of the devastating port blast, on August 26, 2020. (Photo by JOSEPH EID / AFP)

Ever since a monster blast ravaged the arches and high ceiling of his family home in Lebanon's capital, Bassam Bassila says a real estate developer has been hounding him to sell.

"The owner of a tower block nearby is trying to pressure me into selling him my home so he can raze it to the ground" and "build a tall tower" instead, the 68-year-old said in Beirut's Monot neighborhood.

A massive explosion at the Beirut port on August 4 that many blame on official negligence killed more than 180 people, wounded thousands and laid waste to some of the capital's most picturesque streets.

With survivors still picking through the rubble, property sharks are moving in to take advantage of distraught homeowners, sparking outrage over yet another disaster in the making, this time targeting the country's heritage.

Standing inside his living room turned balcony after the wall separating them was blown off, Bassila said the developer had first approached him some time before the blast, offering to buy his apartment after acquiring the ground floor of the same building.

"Eventually you will leave," the developer threatened at the time.

And now he is back, ramping up pressure on Bassila to sell the home he inherited from his grandparents by refusing to prop up the ceiling of the flat below -- meaning Bassila's apartment could collapse.

A former photographer now eking out a living as a taxi driver, Bassila says he cannot afford to restore his family home without financial aid. But he is also determined not to give it up.

"I was born in this house and my father was before me... I can't live anywhere else."

Of 576 heritage buildings surveyed in the wake of the explosion, including 331 in the port's immediate vicinity, the culture ministry says 86 were severely damaged.

Of those, 44 risk complete collapse, while a further 41 could partially fall down.

In the days after the explosion, Bishara Ghulam, the mayor of the Rmeil district near the port, said he received an unexpected visitor among those flocking to his office to report damage to their homes.

"A man turned up who said he was a real estate broker. He said he wanted to buy houses damaged in the blast, and would pay whatever the owners wanted," Ghulam said.

"I told him we weren't selling."

In the capital, banners have appeared reading "Beirut is not for sale".

Naji Raji, the founder of the Save Beirut Heritage initiative, said: "We've heard from people who have received offers from investors linked to certain politicians."

These developers were bent on profit and coveted central Beirut real estate as it was a "prime touristic area" but would likely change its appearance with no regard for heritage, he said.

In the devastated Gemmayzeh neighborhood, architect Rita Saade surveyed the damage sustained by the home that once belonged to her great-grandparents.

Between the mint green walls of a room held up by arched pillars, she pointed to where the floor had partially caved in. Wooden slats from broken window shutters and shattered drinking glasses lay in a pile nearby.

"This is heritage and it needs to be restored," said the 23-year-old Saade. But "we can't afford to restore it on our own".

Audrey Azoulay, the head of the UN's culture and education body UNESCO, Thursday said the agency hoped to raise "considerable" funding to help with reconstruction.



Iran After Trump’s Win: Calls for New Approach, Challenge to Soleimani’s ‘Killer’

An Iranian holds a copy of the Hamshahri newspaper in a street in downtown Tehran (EPA)
An Iranian holds a copy of the Hamshahri newspaper in a street in downtown Tehran (EPA)
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Iran After Trump’s Win: Calls for New Approach, Challenge to Soleimani’s ‘Killer’

An Iranian holds a copy of the Hamshahri newspaper in a street in downtown Tehran (EPA)
An Iranian holds a copy of the Hamshahri newspaper in a street in downtown Tehran (EPA)

The Iranian Foreign Ministry spokesperson has said that Donald Trump’s victory in the US presidential election offers an opportunity for the US to reassess its “misguided policies.”

“What matters for Iran is the performance of the US administration,” said Ismail Baghai on Thursday, noting that Tehran had “bitter experiences” with past US policies.

He added that Trump’s win is a “chance to reconsider the previous wrong directions” of the US, according to the official IRNA news agency.

Iranian newspapers were divided, with some calling for Tehran to adopt a new approach, while others opposed the policies of the “architect of maximum pressure” and the “killer” of Gen. Qasem Soleimani.

On Wednesday, Iranian President Masoud Pezeshkian said the US election result was of no concern to Iran.

“It doesn't matter to us who won the US election, as our strength lies in our internal power and a great nation,” Pezeshkian said.

“We are not narrow-minded in developing relations with other countries, prioritizing ties with Islamic and neighboring nations,” he added, according to Iranian media. It was unclear if he was referring to the US, with which Iran has no diplomatic ties.

Supreme Leader Ali Khamenei has banned direct talks with the US.

On Wednesday, government spokesperson Fatemeh Mahdiani downplayed the importance of the election.

“The US presidential election won’t affect us. Iran’s policies remain unchanged,” she said.

“It doesn't matter who the US president is. We’ve already planned for various scenarios, given the sanctions on Iran for over 40 years,” she added.

Last Monday, Iranian Foreign Minister Abbas Araghchi said: “We don’t place much importance on the US election or who is elected.”

Baghai, speaking at his weekly press conference on Monday, said Iran’s stance on Trump is “clear” when asked how Tehran would respond if Trump offered to negotiate.

Trump’s victory comes amid rising tensions between Israel and Iran, with direct strikes exchanged after years of indirect conflict.

Reuters speculated that Trump’s return to office would mean stricter enforcement of US oil sanctions on Iran, which were imposed in 2018 after the US left the nuclear deal.

Trump criticized President Joe Biden’s policy of not enforcing strict sanctions on Iran’s oil exports, claiming it weakened the US and emboldened Tehran to expand its nuclear program and support armed groups.

In his first term, Trump reimposed sanctions after withdrawing from the 2015 nuclear deal, which had limited Iran’s nuclear program in exchange for economic benefits.

These sanctions hurt Iran’s oil exports, reduced government revenue, and led to unpopular measures like tax hikes, while inflation remained near 40%.

In September, Pezeshkian said Tehran was ready to resolve the nuclear issue with the West, which accuses Iran of seeking nuclear weapons.

Iran insists its nuclear program is for peaceful purposes, but officials have hinted at possibly changing its direction.

Biden tried to revive the nuclear deal but failed to reach a new agreement. It’s unclear if Trump would pursue a similar approach.

Trump’s victory in the US presidential election dominated Iranian newspapers on Thursday morning, with the reformist Sazandegi newspaper, under the headline “Trump’s Return,” saying that no decision-makers in Iran are comfortable with Trump’s win, as it could harm the country in several ways.

The paper, aligned with former President Ali Akbar Hashemi Rafsanjani’s faction, predicted that Trump might increase uncertainty, tighten sanctions, block Iran’s oil exports, and destabilize the economy, which would hurt ordinary Iranians.

The paper also suggested that the situation could change if the Iranian government adjusts its approach in response to Trump’s win but criticized Iran’s decision-makers for being slow to adapt.

It acknowledged that while Iran’s actions over the past 50 years have led all US administrations to view it as an enemy, the impact of the US president can vary.

The newspaper warned that Trump’s policies could lead to a bigger budget deficit, rising inflation, and a higher exchange rate, all of which would harm various sectors of Iran’s economy.

It noted that the country’s currency stability relies on oil revenues and foreign political relations.

With ongoing regional tensions and sanctions, any drop in oil revenues and difficulty accessing global markets could worsen Iran’s economic challenges, making it harder for the government to manage its budget and financial crises.

Analysts quoted by Sazandegi said Trump’s reelection might not lead to war but could result in harsher sanctions targeting Iran’s nuclear and missile programs without military action.

They also predicted that Russia might increase its pressure on Iran, potentially pushing the country toward a “Look East” strategy.

Reformist politician Mohammad Hashemi Rafsanjani wrote in Arman Emruz that Trump, as a businessman, would likely prefer economic cooperation with Iran over military conflict.

He suggested Trump might push for trade talks with Iran, opening the market to US companies, similar to European firms before the nuclear deal.

Hashemi noted that any conflict could drive up oil and gas prices, and as a businessman, Trump would likely avoid this. Instead, he would seek to strengthen economic ties between Iran and the US.

Hashemi also pointed out that the nuclear deal brought Iran significant economic benefits, including the return of $100 billion in frozen assets.

Arman Emruz warned that Trump’s return could escalate Middle East tensions and complicate relations with China and Russia over issues like Ukraine and Taiwan.

Etemad newspaper said that during his first term, Trump tried to turn Iran from a legitimate player into a pariah state, aiming to restrict and isolate it. It added that Trump’s return now is not in Iran’s interest.

The paper called for a “different policy” toward Trump. Reformist activist and former MP Mahmoud Sadeghi said it’s too early to assess Trump’s performance, especially since he won unexpectedly.

Sadeghi pointed out that for Iranians, the key concern is how Trump’s election will affect domestic issues, recalling his role in the strike that killed Gen. Soleimani five years ago.

He warned against falling into “self-sanctions” and urged Iran to address the Financial Action Task Force (FATF) rules to fight money laundering.

On regional policy, Sadeghi stressed the need for the government to act wisely to avoid being caught in the Netanyahu-Trump rivalry. He emphasized the importance of seizing every opportunity, no matter how small.

Former MP Heshmatollah Falahatpisheh compared Trump’s return to the Taliban’s return to power in Afghanistan and dismissed the idea that Democrats and Republicans are the same, especially on the nuclear deal.