The nine parcels have a 2009 equalized value of $1,224,500. Malik's delinquent 2008 tax bills total $9,417.57.
Malik had attempted to win approval to develop a marina on the Harsens Island property in the 1990s. More recently he has resurrected those plans and expanded them to include clustered residential units and estate lots. His latest plans however, have also failed to win approvals from local and state agencies.