Thursday, June 6, 2013

De Gunzberg blocked from merging NIS 135m houses

Sources inform ''Globes'' that the Herzliya Local Planning and Building Commission has blocked an application by World ORT president Dr. Jean de Gunzburg, a French Jewish biotech scientist, to consolidate two lots on Galei Tchelet Street, Israel's most expensive street, in order to build one big house on them. Both lots are zoned for residences, which de Gunzberg bought on two different dates. He bought the lot at 60 Galei Tchelet Street for NIS 68 million in 2011, and he bought the adjacent lot, number 62, for NIS 67 million later that year.

De Gunzberg bought the house at 60 Galei Tchelet Street from Leonic Nevzlin, who bought it in 2009 for NIS 53 million. The 400-square meter five-room house, built in 1979, is on a 1,000-square meter lot on the first line from the sea.

Major deals on Galei Tchelet Street include Teddy Sagi's purchase of the house of Zaki and Lilian Rakib for NIS 135 million in December 2010, and Boris Kuzinez's purchase of the house of former Alcatel Israel CEO Michael Kaufman for NIS 82 million.

Source Globes

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