tag:blogger.com,1999:blog-66319842313087649882024-03-05T08:12:19.690+02:00נווה צדק על הים • White City Residence • Neve Tzedek by the SeaAll the news about White City Residence, upcoming skyscrapers in Tel Aviv and other related news...Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.comBlogger230125tag:blogger.com,1999:blog-6631984231308764988.post-522575416407256402018-07-24T18:06:00.002+03:002018-07-24T18:06:49.056+03:00Tel Aviv 4th most expensive city on Airbnb<div class="separator" style="clear: both; text-align: center;">
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Sunbathing in Tel Aviv or hitting Dubai’s fabulous malls will set you back a bit more lately. A combination of high hotel and apartment costs and strong tourism has Airbnb rates in some Middle Eastern cities among the world’s priciest.<br />
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In the latest Bloomberg index, Miami and Boston took the top two spots in the average daily cost of lodging in private dwellings for the second straight year. Airbnb owners asked for $205 a night and $195 a night, respectively, in the two cities. However, the Middle East has been climbing in the annual index and this year has five destinations among the top 15 priciest global cities: Tel Aviv and Dubai at Nos. 4 and 5, and Jerusalem, Riyadh and Kuwait City also near the top.<br />
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Dubai’s expensive short-term rentals, averaging $185 a night in Bloomberg’s index, probably are a function of high hotel rates in the Emirati city, where more than 70 percent of hotel rooms are four-star or above, said Ivana Gazivoda Vucinic of the international real estate firm Chestertons. Dubai’s supply of Airbnb units more than doubled to 3,249 units in the two years ended August 2017, following a relaxing of government regulations, according to Vucinic’s research on Dubai’s short-term rental market.<br />
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Dubai has spent billions to pump up its tourism sector and hopes to attract 20 million visitors to the city by 2020, up from 15.8 million visitors last year, according to figures from Dubai’s Department of Tourism and Commerce Marketing. Two U.A.E.-sponsored airlines, Emirates and Etihad Airways PJSC, have been among the world’s fastest-growing carriers in recent years. Should Dubai reach the 20 million visitor goal, it will be among the top five most visited cities globally, according to market research firm Euromonitor.<br />
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Pricey Airbnb listings in Israel may have more to do with the high cost of housing in Tel Aviv and Jerusalem, said Yoav Kerner, a lecturer of statistics at Ben-Gurion University in Israel. Apartments in Tel Aviv typically eat up at least three-quarters of the average person’s gross income, said Kerner, who studied the Airbnb market in Tel Aviv on behalf of a hoteliers group.<br />
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Since Airbnb owners want a premium over what they could earn renting out their units for a full year, that drives up short-term rental costs, he said. Kerner estimated Airbnb has helped push up overall Tel Aviv rents by about 10 percent, he said.<br />
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Several cities around the globe, including New York, have put various restrictions on the short-term rental market out of fear that the practice drives up housing costs. Airbnb spokesman Nick Papas challenged this idea, saying it’s being perpetuated in part by hoteliers.<br />
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“It’s no surprise to see the hotel industry paying for misleading reports about our community,” Papas said by email. “The data shows that these claims simply don’t hold water.”<br />
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Airbnb figures show that the average daily rate in Tel Aviv is $87 and the average rate in Jerusalem is $82, far lower than the $188 per night and $173 per night costs that Bloomberg found. Airbnb uses a different methodology than Bloomberg, including looking at rates of units that were actually booked, while Bloomberg looked at advertised rates.<br />
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While the Bloomberg index considered Airbnb listings in more than 120 global cities, the highest worldwide prices for short-term rentals can be found in smaller resort destinations, according to short-term rental information provider AirDNA. The Caribbean island St. Barthelemy had the highest average daily rate over the past year, at $1,127, followed by the ski resort city of Vail, Colorado, at $668, according to AirDNA figures for units rented out for at least 30 days a year in cities with at least 1,000 listings.<br />
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<a href="https://www.bloomberg.com/news/articles/2018-07-24/tel-aviv-dubai-climbing-list-of-world-s-priciest-airbnb-cities" target="_blank">Source Bloomberg</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com2tag:blogger.com,1999:blog-6631984231308764988.post-8631333054276231222018-06-22T16:53:00.003+03:002018-07-24T19:06:41.719+03:005 years later Tel Aviv promenade upgrade finalized<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfPS_3dgHSFRnpB4GUIrfhR1BSWUVHj1zgVROlH6Ek62LyXCSxyNYXDFs_hg0C54reWUl4qIBXIa3oPl-Fk3Z3KMsw4KKbTkcVemJjKGqz76_KHAkmbyzzGWhWePJ1M0c2_wVz8AXXuy0/s1600/005-450x450.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="450" data-original-width="450" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfPS_3dgHSFRnpB4GUIrfhR1BSWUVHj1zgVROlH6Ek62LyXCSxyNYXDFs_hg0C54reWUl4qIBXIa3oPl-Fk3Z3KMsw4KKbTkcVemJjKGqz76_KHAkmbyzzGWhWePJ1M0c2_wVz8AXXuy0/s320/005-450x450.jpg" width="320" /></a></div>Started more than 5 years ago, the renovation of the Tayelet in Tel Aviv has now finally reached the southern part of the city, across from the Royal Beach hotel. With the <a href="https://whitecityresidence.blogspot.com/2018/05/dolphinarium-demolition-has-now-started.html#more" target="_blank">removal of the old Dolphinarium</a> having finally started last month, it's now a question of months until the promenade upgrade is now fully completed, allowing tourists and residents alike to stroll along the sea from Bat Yam all the way to Herzliya.<br />
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Since its inception in the late 1930’s, the central promenade of Tel Aviv played a key role in establishing the ever-changing connection between the city and its shore. In all of the various phases of its life, whether the modest walkway of the 1930’s, the neglected site of the 1960’s, or the renovated version of the 1980’s, the elevated boardwalk acted as a border that blocked the natural pedestrian flow between the city and its beach. The renovation project aimed to transform this historical blockade by creating a new continuous interface that enables free pedestrian flow to and from the sandy beach, throughout the city’s central waterfront. Moreover, serving as the main waterfront public space of the entire metropolitan area, the new promenade and its sitting-terraces was designed to offer a generous array of seats and relaxation opportunities along the seafront, in order to host great many new visitors, and create a hospitable and lively public domain for this large dense urban area.<br />
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<a name='more'></a>The strategic objectives of the project focused on the following key aspects:<br />
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<ul><li>New flow – Mending the physical rupture between the city and the sea by creating a continuous stretch of sitting-stairs and ramps, all along the waterfront, thus enabling a free and unmediated flow from the street level to the sandy beaches.</li>
<li>Continuity – connecting lengthwise the central promenade to the city’s water front walkways south and north to create a continuous pedestrian and cycling route along the waterfront.</li>
<li>Equality and Accessibility – Allowing accessibility in all aspects, and adding a new accessible lower walkway to enable disabled, the elderly, toddlers and strollers, to reach the beach all along from a public space of equality.</li>
<li>Ecology – utilizing careful structural and detailed design in order to minimize the project’s environmental footprint. Among the methods used, were the development of a construction strategy that used precast elements, bamboo woodwork as well as the reuse of existing infrastructure.</li>
<li>Hospitality – Increasing potential uses by expanding the promenade towards the beach with terraced sitting platforms and large shaded areas, as well as by adding recreational areas on the stretch of land between the promenade and the water. These recreational areas hold sports facilities, various game courts, playgrounds and relaxation areas under the palms.</li>
<li>Public facilities – refurbishing all of the coastal cafes and beach services buildings in order to accommodate high standards of generous public space hospitality.</li>
<li>Public Terraces – Redesigning the disused roof tops of the old beach buildings and turning them into welcoming urban balconies which connect seamlessly to the main walkway, forming an integral part of the promenade.</li>
<li>Specificity – Developing a site-specific architectural vocabulary that connects to the city’s particular waterfront, while suggesting a unique design that is abstract and open to multiple interpretations, thus reflecting Tel Aviv’s unique urban character.</li>
<li>Liminality – Creating a liminal urban ‘new ground’. An in between zone that is neither city nor beach, where swimsuits and business suits are mixed together in an urban space that doesn’t comply to any one code and forms a fringy edge to the city.</li>
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Following other regeneration projects along Tel Aviv’s coastline (e.g- Tel Aviv Port and Jaffa Port) the new renovated promenade is commonly considered the most transformative project due to its central position and the radical changes it made in the relation between the city’s built fabric and its major natural resource – the sea. Changing from a mistreated public space, that was used mainly by tourists and neighboring residents, the new promenade became a host to over 9 million visitors a year, a record number compared to Israel’s population of only 9 million. Now that the project is built people from all walks of life that were previously avoiding this territory, come often to enjoy the sea side, take a break from the hectic city, relax, read quietly or play together in front of the open horizon, turning this public space to an all year round and around the clock hub of activity.<br />
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Tourists mixed with a vast number of local residents from the densely populated surrounding metropolis, had made the new promenade become the liveliest, yet close to nature, public space in the country. The new ‘in-between’ space that was created in order to mediate between the city and its beach, had become a vital melting pot for a new urban culture, where spontaneous bands of acrobats, backgammon players, young moms, sportsmen and many more, turn the promenade into their common social-platform. Its generous hospitality which is open to all creates a highly multicultural heterogeneous space, which radiates into its dense and rather complex context free spirit and optimism.<br />
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Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-3329066723016077732018-05-18T11:28:00.003+03:002018-05-18T11:28:55.193+03:00Dolphinarium demolition has now started!<div class="separator" style="clear: both; text-align: center;">
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Demolition of the Dolphinarium building on the southern Tel Aviv beachfront began this week. The round building designed by architect Nahum Zolotov and opened in the early 1980s was an important Tel Aviv icon. People originally came to see the trained dolphin shows, followed by an event hall and dance club that became famous as the site of a terrorist attack in 2001. The building has since been semi-abandoned; it served mainly as a surfing club, while the beach on its northern side ("Drums Beach") was used for community gatherings by "spiritual" musicians and dancers.<br />
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A still unfinished real estate, planning, and legal saga lies behind the demolition. The Dolphinarium was built at the initiative of businessperson Zvi Efron with financing from South African investors on land leased from Israel Land Authority (ILA). In 1989, German businessperson Josef Buchmann bought the lot for $5 million. 20 years ago, when the Tel Aviv municipality wanted to open the beachfront to the public and continue the promenade there without interference, it signed an agreement with Buchmann's company, Sha'ar L'Israel, for an exchange of land. Buchmann was to have given the Dolphinarium site to the municipality in exchange for 12 dunam (three acres) on the east side of Herbert Samuel Street. Buchmann sold the new site to a group of developers in 2015.<br />
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The new plan gives the developers rights to construct 48,000 square meters of hotel, residential, and commercial space; up to 26,500 square meters of above-ground service space; and 36,000 square meters of underground parking space. Construction of a building with 250 square meters on the public space will be allowed. Objections to the plan were filed by the Movement for Quality Government, the Adam Teva V'Din non-profit organization, and representatives of the residents, who claimed that the developer had received irregular and excessive rights.<br />
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Adam Teva V'Din urban planner Yael Dori believes that the plan sets a dangerous precedent. "At first, we thought that demolishing the building, removing the roadblock, and creating open space was a great idea, but then we discovered that in exchange for removing the building, the developer received rights worth 31 times as much. The new project, which will be part of the wall of the towers on the seafront, lies within the beachfront environment. Part of the project is located on the site of Hakovshim Garden. In other words, the neighborhood's open public space was sacrificed for a metropolitan promenade. We filed objections and an appeal together with the Movement for Quality Government. We started a legal proceeding, which is now at the Supreme Court. There is a dangerous precedent in this case that is liable to detract from efforts to vacate the beachfront. In my opinion, the option of utilizing part of the building was not given enough consideration. They are going to build a surfing center there in any case (on the beach, G.N.)."<br />
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The Movement for Quality Government said that the appeal to the Supreme Court concerned the possessory aspect. "This is a deal in which the owners of rights in the Dolphinarium waive their rights to the abandoned site and receive in exchange from the state a huge amount of construction rights. The difference in value between the two sites is nearly NIS 1 billion. In our petition, we argue that ILA was obligated to market the public land by auction in order to get as much money as possible for the public treasury. At the same time, the Dolphinarium site could have been expropriated and the developers paid compensation equal to the site's value. It could then have been developed as part of the promenade," the movement stated.<br />
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Movement for Quality Government lawyer Adv. Itamar Shahar says that in preparing the Supreme Court petition, it was discovered that ILA had not acted completely in good faith. "We did not understand why the state was in such a hurry to give space to a private developer. We found that the area (east of Herbert Samuel Street, G.N.) was part of the Manshieh neighborhood, which was partially destroyed in the War of Independence and was finally vacated in the late 1960s in order to construct a central business district. In 2007, ILA made it clear to the State Comptroller that if the land is marketed in a public auction, there is a concern that people from Manshieh will demand compensation for the expropriation. This was apparently ILA's excuse for the connection and re-division of the two sites."<br />
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The residents of the area are angry about what was done. Yakir Ben-Maor, one of the activists against demolishing the building, claims that it was done deliberately by the municipality. "A petition was filed at the Supreme Court that is still outstanding. The hearing is scheduled for July 11. The Tel Aviv municipality did not want to wait for the legal hearing. As I see it, in this situation, the court hearing will be unfair and unfitting."<br />
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In a press statement issued by the Tel Aviv municipality after the demolition today, it was revealed for the first time that the municipality plans to build a sports center on the site. "The building will be designed in minimalist fashion as part of a shading element. The western part of the building, where the promenade will pass, will constitute the balcony, which will be designed as a framework facing west facilitating maximum openness overlooking the new expanded beach for pedestrians from both the north and the south, as well as people coming to the promenade from the city to the east. The area of the building will be expanded through the shading element included in it, thereby adding informal shady places - in between areas that can be used for the activity of the center, which will serve as a plaza for the promenade and the restaurant that opens out on it." In early June, an initial meeting will be held for planning the mix of uses for the new building.<br />
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The Tel Aviv municipality responded, "Demolition of the dolphinarium will make it possible to turn the area, which was an environmental nuisance dividing the city from the sea, into an open public space in which the municipality will build a beach park and public beach promenade completing the continuity of the beach promenade from Herzliya to Bat Yam. The plan includes an allocation for built public spaces for public needs, including the construction of a community center for maritime sports to be built at the beach level with a direct connection and access to the surfing beach. This building plan already received final approval several years ago and includes construction rights consistent with policy for the beachfront and the municipal outline plan.<br />
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"In contrast to what is being alleged, the plan in which construction rights were set is not scheduled for a Supreme Court hearing. The old Dolphinarium building cannot be used in a way that serves the main purpose of making the beach promenade continuous and giving a sea view. Furthermore, using the Dolphinarium building will cost more.<br />
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"Consultation meetings with the public are currently taking place, with an emphasis on uses of the public and open space. Co-opting the public is designed to present the proposed design for the sports center and to obtain responses and proposals pertaining to the building and developing the space in the park."<br />
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<a href="http://www.globes.co.il/en/article-dolphinarium-demolished-as-sports-center-planned-1001236614" target="_blank">Source Globes</a><br />
<br />Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-55060868052720647942018-02-12T12:57:00.001+02:002018-02-12T12:58:08.275+02:00Leon tower to join Isrotel group<div class="separator" style="clear: both; text-align: center;">
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Leon Tower, the tower being built right next the Sea One, hosting the Royal Beach hotel will allow Isrotel to add another 234 rooms on Tel Aviv seafront. It is scheduled to be finished by 2021.<br />
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Isrotel Ltd. has notified the Tel Aviv Stock Exchange that it has leased the building which is still under construction on Tel Aviv seafront their other property, the Royal Beach hotel.<br />
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The new hotel will be part of Isrotel's Exclusive Collection, which includes the Tel Aviv Royal Beach and the Jerusalem Orient Hotel opened last year. The new 5* hotel will have 234 rooms and suites, swimming pool and spa and a 1,000 square meter conference center.<br />
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The new hotel, which is due to be completed by 2021, has been leased for 15 years with an option to extend by another 10 years. Isrotel has undertaken to pay a minimum annual rental fee (linked to the CPI) or a percentage of the annual turnover of the hotel - whichever is higher.Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-72364752364549440672017-09-11T21:44:00.000+03:002017-09-11T21:47:25.265+03:00Tel Aviv high-tech accounts for 1 in 10 jobs in the city<div class="separator" style="clear: both; text-align: center;">
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If there was ever any doubt that Tel Aviv is the beating heart of the startup nation, a new report by Tel Aviv Global settles it. Not only does Tel Aviv have 2,000 high-tech companies, but one out of every 10 jobs in the city is in the high-tech sector.<br />
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The report is based on data conducted by IVC Research in preparation for the DLD Tel Aviv Innovation Festival taking place this week. Tel Aviv Global is a municipal agency that manages various incentives for entrepreneurs setting up in the city.<br />
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The new report points out that the city has doubled the number of international R&D centers over the past five years – from 35 in 2012 to 73 in 2017. Well-known international companies now having a tech presence in Tel Aviv include Visa, Renault-Nissan, Bosch, MasterCard, Google, Facebook, Amazon, Coca-Cola, Microsoft, AOL, Samsung, Siemens, PayPal, Deutsche Telekom, Citibank, Intel, Yahoo, Barclays, IBM and Apple.<br />
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These international R&D centers provide over 6,200 jobs, according to the report. The 2,000 total high-tech companies in Tel Aviv, moreover, constitute about a quarter of the number of companies in the high-tech sector in Israel overall.<br />
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What kind of high-tech companies open shop in Tel Aviv? It used to be more seed-stage companies, but that’s shifted to more R&D-stage companies. “This shift in the composition of startups is evidence of a maturation of startups in the city and their progression from idea stage to a process of research and development,” Tel Aviv Global commented.<br />
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Tel Aviv’s interest in attracting more international R&D centers is key for the future of the entire industry, Tel Aviv Global CEO Eytan Schwartz said the agency is “working with our governmental partners on continuing the process of attracting international R&D centers; opening international accelerators; encouraging foreign entrepreneurs to work in the city; and promoting the activity of global corporations with an emphasis on Chinese companies.”<br />
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Tel Aviv Global isn’t the only organization that sees the value of Tel Aviv’s intense concentration of startups. The Virgin.com website called Tel Aviv “one of the world’s best startup hubs.”<br />
<a href="https://www.israel21c.org/tel-aviv-high-tech-accounts-for-1-in-10-jobs-in-the-city" target="_blank"><br /></a>
<a href="https://www.israel21c.org/tel-aviv-high-tech-accounts-for-1-in-10-jobs-in-the-city" target="_blank">Source Israel21c</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-32886510763206735892017-07-31T21:01:00.000+03:002017-07-31T21:11:18.480+03:00Nahalat Binyamin revival gaining traction<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXm11pyEi8V9tn1qyVYz1g1nYQZN_jeN4riYt-nwpq0JX3L57vgnA3Fvoc6_5egqqNJFdKWicwkKk_Hr97RHD8VyC2n2ct4PjV1dSYr1Wc9gLF8yzD-vCmB5ucSNa0qLHDc5Tx7H-WLv4/s1600/fmV0KVJ.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="750" data-original-width="1600" height="150" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXm11pyEi8V9tn1qyVYz1g1nYQZN_jeN4riYt-nwpq0JX3L57vgnA3Fvoc6_5egqqNJFdKWicwkKk_Hr97RHD8VyC2n2ct4PjV1dSYr1Wc9gLF8yzD-vCmB5ucSNa0qLHDc5Tx7H-WLv4/s320/fmV0KVJ.jpg" width="320" /></a></div>
The Nahalat Binyamin pedestrian mall with its arts and crafts market is located in central Tel Aviv, several hundred meters from Rothschild Boulevard, near the White City and close to the prestigious homes in Neve Zedek. The street has an unusual concentration of unique architecture. It nevertheless seems, however, that the place is stuck in a time warp. The public space is neglected and rather dirty, the buildings are in a poor physical state, the backyards look like junkyards, and the businesses are outdated. Nevertheless, several new projects were completed this year, and marketing recently began of apartments in HaAmudim House at the intersection of Rambam and Tavor Streets.<br />
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The mall area drew quite a lot of public attention in 2001, when developer Ruth Speiser, who was born in the 1950s as a rent-controlled tenant in the house at the intersection of Rambam and Tavor Streets and slowly accumulated properties in the area, announced her intention of setting up a "quarter" that would include a boutique hotel and luxury apartment buildings. Speiser's ideal was innovative, because it mentioned for the first time shared management of the street. The plan included preservation and reconstruction of all the buildings marked for preservation with additional construction, demolishing buildings in the area not marked for preservation, and building new residential buildings in their places.<br />
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According to this plan, commercial space and an underground parking lot with 1,500 parking spaces would be built. One of the plan's interesting ideas was developing backyards and creating immediate access to Allenby Street. "A living dream," she told "Globes" in early 2004, "is rejuvenating the home and street on which you were born."<br />
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Not much has happened in the area in the 16 years since the heralded launch of the "quarter" plan. The large debts troubled the developers, the banks lost patience, and the buildings that Speiser and Lehi bought moved from hand to hand. In 2007, Nicholas Berggruen acquired six buildings (Michael Chernoy was previously in negotiations that did not succeed). The buildings were sold to YH Dimri Construction & Development Ltd in 2010, which sold Tamar House to French investor Gerard Bentolila for NIS 35 million in 2012. On June 9, Dimri reported that it had signed an option agreement (not for the first time) to sell three more properties on the street: one at 18 Rambam Street, one at 12-16 Rambam Street, and one at 44 Hatavor Street.<br />
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There has been new spirit on Nahalat Binyamin Street in the past month. It comes from Peso-Gov, a young development company headed by Ido Peso and Shamar Gov. The company focuses on central Tel Aviv, and already has experience in renovating buildings marked for preservation (5 Levontin, Rothschild House, 10 Nahalat Binyamin).<br />
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In early June, Dimri announced that Peso-Gov had acquired an option to buy the buildings at 18 Rambam Street, 12-16 Rambam Street (HaAmudim House), and 44 Hatavor Street for the considerable sum of NIS 7.1 million. The option was signed for only one month, and the company is paying NIS 1.4 million to renew it each six months, meaning that Dimri is already enjoying an expected payment of NIS 14 million. If the option is exercised, the buyers will pay Dimri NIS 142 million for the three buildings.<br />
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Meanwhile, the buyers are getting a move on. Peso-Gov is marketing <a href="http://cdn.digital-cloud.co.il/peso-gov/2017/benjamin/en.php" target="_blank">HaAmudim House as the "Binyamin complex"</a>, with announcements such as "a breathtaking complex" and "an opportunity that hasn't been since 1927." The problem is that the monetary proceeds and enormous renovation costs are dictating especially high selling prices. Real estate market sources believe that the buyers will have to sell at an average of NIS 70,000 per square meter.<br />
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Two-room and four-room apartments in the building are now being offered at prices starting at NIS 2.9 million. Tenants will reportedly benefit from a rooftop with a private pool and private parking, with a private garden above, "pastoral walking paths," and "in order to complete the calm and peaceful atmosphere, a stunning ecological water fountain will be built."<br />
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Peso says that it is time that Nahalat Binyamin became the most desirable place in Tel Aviv, more than the Lev Hair or Neve Zedek areas, and some are even calling it the "Fifth Quarter." Peso comments, "This is the most colorful area. This is the Tel Aviv message. The customers are also no longer those we had four years ago - people who came to invest. The buyers are couples in their 50s and 60s who appreciate these buildings, with their character for preservation, who want 70 square meters with parking. They want to buy a building with a soul." Peso, notes that there are already five buildings under construction now on the street. "There are more good buildings in advanced planning, and I have three more. People already understand the weave of Nahalat Binyamin."<br />
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<a href="http://www.globes.co.il/en/article-renewal-gains-momentum-in-nahalat-binyamin-1001199344" target="_blank">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-16036911422022041512017-07-13T10:25:00.002+03:002017-07-13T10:27:11.507+03:0030% increase in luxury home acquisitions in Tel Aviv<div class="separator" style="clear: both; text-align: center;">
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Sun-seeking multimillionaires are snapping up second homes in Tel Aviv, according to a new report from market research group New World Wealth.<br />
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The beachside city in Israel isn’t the only hotspot attracting more wealthy sun worshippers. Miami; Palm Beach, Florida; Dubai and Sydney also saw a significant jump in their cohort of second-home owners worth upward of US$10 million, according to the report published last week. Both Tel Aviv and Sydney saw a 30% increase between 2015 and 2016, according to New World Wealth, which is based in Johannesburg, South Africa. The Mediterranean metropolis gained 600 more multimillionaires in 2016, up from only 2,000 the year prior. Meanwhile, there were 3,500 multimillionaire second-home owners in Sydney last year, compared to 2,700 in 2015.<br />
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In total, New World Wealth, which rounds figures to the nearest hundred, estimates that there are 522,000 people worth US$10 million or more spread across the globe. The vast majority of those individuals, some 87%, own more than just a primary residence, the group said in its news release.<br />
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<a name='more'></a>The common denominator among growing second-home destinations appears to be their coastal, beachside lifestyle. Miami saw a 22% increase in multimillionaire second-home owners, while Palm Beach and Nice, France, both saw a 6% bump. In Dubai, meanwhile, 200 more multi-millionaires bought second homes last year.<br />
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The rise of beach cities might sound like a no-brainer, but it’s coming at the expense of some classic second-home destinations that are seeing a decline in their pied-a-tierre population. For instance, London, awash in political, currency and tax changes over the past year, saw a 9% decrease in its second-home owners worth US$10 million-plus. Yet the British capital still has the greatest number of wealthy homeowners in the world, with a rounded total of 19,500—beating out New York City, which has 18,400.<br />
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And in contrast to Nice, Paris had the worst drop-off of any city in the world, with a 24% decline from 6,300 individuals in 2015 to just 4,800 last year. Other cities that said au revoir to their monied part-time residents included Rio de Janeiro, which saw a 16% decline, and Rome, which dropped 8%.<br />
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<a href="http://www.mansionglobal.com/articles/66080-tel-aviv-sydney-see-major-increases-in-multimillionaire-second-home-buyers" target="_blank">Source Mansion Global</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com2tag:blogger.com,1999:blog-6631984231308764988.post-55669193899254269752017-03-27T20:37:00.001+03:002017-03-27T20:37:20.586+03:00New TLV Fashion Mall to open this month<div class="separator" style="clear: both; text-align: center;">
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Right next to Sarona the Gindi TLV Fashion Mall has just opened its doors. Built on the ruins of the wholesale market, the center contains most fashion brands, including H&M, Zara, Fox, Castro, Factor 54, Forever21, as well as several international brands opening their first shop in Israel, such as COS, Dior Boutique, Zara Home, Rag & Bone, Juicy Couture, or Adidas Originals. Another chain to open up in the mall is Super-Pharm, which just closed its store at the corner of Carlebach and Hahashmonaim. Only a subset of the 180 plus stores scheduled to open in the mall will be open on day 1. On the launching night, the company promised that over 100 stores would be open. The main attractions, such as the COS and Zara Home branches, will not be open on the launching night however; their opening is slated for early April.<br />
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The mall was originally scheduled to open in April 2015, but that was postponed several times. According to Gindi TLV CEO Mordi Shabat, the delay was not due to difficulty in finding tenants for the stores. "The late opening of some of the stores resulted from demands by the chains' headquarters overseas, some of them merchants doing business in Israel for the first time, and some of which are undergoing a change in concept," he said, adding, "the engineering complexity of the project, which is part of a complex composed of public centers, not just a shopping center, involves a very difficult engineering challenge, and led to two postponements of the opening date."<br />
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Within the mall itself, there is no food area, except for a limited number of fast food shops, including McDonald's and Aroma. On the mall's facade, on the other hand, cafes and restaurants selected for their Tel Aviv ambience are expected to open in an attempt to create a mall that will also attract the tenants in the surrounding towers and both Tel Aviv and non-Tel Aviv residents. Among the restaurants slated to open are familiar names, such as Zozobra, which is opening its first branch in Tel Aviv, a branch of Omer Miller's Susu and Sons, Tatti, and Cafe Europe. A Bistro restaurant and high-quality pizza store are also due to open, to be followed later by popup restaurants, in order to attract a Tel Aviv crowd, which usually spends less time at sites like Hatachana and Sarona.<br />
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No large supermarket will be opened in the mall, due to the relatively high rent there, but one is expected to open later just outside. Under the original plan, a branch of Mega was to have opened there, but this was ruled out, and alternatives are now being considered.<br />
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Shabat added, "the sports center, which can be entered only through the mall, will be an anchor for the stores, and will ensure that people who do not usually spend time in malls will enter it, including at non-peak times." Shabat then added , "what will arise here is a mixture of commerce, residences, a park, and public buildings. What we have actually done is to bring Ramat Aviv Gimmel to central Tel Aviv. Azrieli and Melisron control the sector, but we'll bring something else here."<br />
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<a href="http://www.globes.co.il/en/article-tlv-fashion-mall-to-open-1001180798">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-16607735400369547642017-03-12T17:46:00.001+02:002017-03-12T17:46:41.133+02:00Kahlon discovers the Laffer Curve<div class="separator" style="clear: both; text-align: center;">
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Home purchases in Israel by foreign residents fell to 2,241 homes in 2016, down 31% from 2015, according to figures provided by the Ministry of Finance. The sharpest fall was in Jerusalem where home purchases by foreign residents fell by 41% with a 25% fall in the Tel Aviv and Netanya regions. The fall in home purchases in Israel by foreign residents was far sharper than in the entire market and means that only 2% of homes now purchased in Israel are bought by foreign residents. The sharp fall was due not only to Minister of Finance Moshe Kahlon's actions, including raising the purchase tax from 5% to 8-10% on luxury apartments, in addition to the elimination of the exemption from betterment tax that took effect in 2014, but also the strengthening of the shekel, making it more expensive for foreign residents to buy homes.<br />
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There was not a single housing deal over NIS 50 million in 2016, whereas there were several such deals in the previous year and several deals worth more than NIS 100 million in 2014. In Jerusalem, only two luxury apartments (over NIS 10 million) were bought by foreign residents in 2016, down from 12 in 2015. Nevertheless, there was no shortage of major deals last year, with 19 of the 30 most expensive real estate deals last year in Tel Aviv.<br />
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The most expensive real estate deal was the NIS 44 million paid for a 360 square meter penthouse on the 31st and top floor of the NAM Tower in Tel Aviv's Park Tzameret. The NAM Tower is considered a less prestigious property than those in the YOO Towers precinct overlooking the Ayalon, in part because of the financial difficulties encountered by the developers of NAM Tower.<br />
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The second most expensive real estate deal was the NIS 42 million paid for a 312 square meter duplex in a five storey boutique building under construction at 7 Chelouche Street in Neve Tzedek, Tel Aviv.<br />
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In third place was the NIS 40 million paid for a 565 square meter apartment on the 41st floor of the 42 storey Meier Tower at the corner of Allenby Street and Rothschild Boulevard in Tel Aviv. The apartment is registered under the trusteeship of Yigal Arnon law firm but it is believed that it belongs to Mobileye chairman Prof. Amnon Shashua.<br />
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In fourth place is the NIS 32.8 million paid for a house at 21 Galei Tachelet Street in Herzliya Pituach. The buyer is a private company registered in Israel at law firm Dan Allaouf with the parent company registered in Luxembourg, a popular tax haven.<br />
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In fifth place is a house in Kfar Shmariyahu at 38 Nuriot Street bought for NIS 32.1 million by Ron and Galit Bar-On.<br />
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In sixth place is a 383 square meter apartment on the 22nd floor of Akirov Towers in Tel Aviv, which was sold for NIS 30 million.<br />
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Also in sixth place is a 25th floor 249 square meter penthouse in the Rova Lev Ha'ir project in Tel Aviv's Mazeh Street, which was sold for NIS 30 million.<br />
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In eighth place is a 208 square meter, 15th floor apartment being built by David Intercontinental Hotel owner Henry Taic in Migdalei David at 55 Hayarkon St., just north of Opera Tower. The apartment was sold for NIS 27 million.<br />
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In ninth place was a house at 23 Magal Street in Savion sold for NIS 26.7 million.<br />
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Also in ninth place is a house on Hahoresh Street in Kfar Shmariyahu sold for NIS 26.7 million.<br />
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In eleventh place is a three-floor 450 square meter house slated for preservation at 17 Shimon Rokach Street in Neve Tzedek in Tel Aviv, which was sold for NIS 25 million to Jewish billionaire Podu Zabludowicz, who owns the Tamares Group, which operates hotels in Israel.<br />
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Also in eleventh place was a 555 square meter 23rd floor duplex apartment in the aforementioned Rova Lev Ha'ir project in Tel Aviv's Mazeh Street, which was sold for NIS 25 million.<br />
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In 13th place is a 208 square meter apartment on the 11th floor of the aforementioned Migdalei David at 55 Hayarkon St., just north of Opera Tower, which was sold for NIS 23.5 million.<br />
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In 14th place is a 21st floor apartment in Rova Lev Ha'ir project in Tel Aviv's Mazeh Street, which was sold for NIS 23.2 million.<br />
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In 15th place is a 205 square meter ninth floor apartment in Migdalei David at 55 Hayarkon St., just north of Opera Tower, which was sold for NIS 22.2 million.<br />
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In 16th place is a 150 square meter, ninth floor apartment in the Sea and Sun project in north Tel Aviv, which was sold for NIS 21 million.<br />
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In 17th place is a 298 square meter apartment on the 16th floor of the aforementioned Akirov Towers in Tel Aviv, which was sold for NIS 20 million<br />
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Also in 17th place is a 606 square meter house at 52 Havatzelet Hasharon Street in Herzliya Pituach, which was sold for NIS 20 million.<br />
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In 19th place is a 500 square meter 11th floor apartment in Remez Tower on the corner of Remez and Arlozorov Streets in Tel Aviv, which was sold for NIS 19 million.<br />
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In 20th place is a house at 45 Hazorea Street in Kfar Shmariyahu, which was sold for NIS 18.2 million.<br />
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In 21st place is a house at 23 Shevet Menashe Street in Herzliya Pituach, which was sold for NIS 18 million.<br />
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In 22nd place is a house at 127 Ramat Yam Street in Herzliya Pituach, which was sold for NIS 17.7 million.<br />
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Also in 22nd place is a 500 square meter 13th floor apartment in the aforementioned Remez Tower on the corner of Remez and Arlozorov Streets in Tel Aviv, which was sold for NIS 17.7 million.<br />
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In 24th place is a house at 4 Haprachim Street in Moshav Rishpon, which was sold for NIS 17.6 million.<br />
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In 25th place is a 269 square meter Jerusalem apartment at 1 Emek Refaim in the German Colony. On the third of a fourth floor preserved building which forms part of the Isrotel hotel and residential project, the apartment was sold for NIS 17.6 million.<br />
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In 26th place is a 390 square meter house at 18 Hanoter Street in the Afeka neighborhood of Tel Aviv, which was sold for NIS 17.3 million.<br />
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In 27th place is a third floor apartment in one of the new high rise buildings in Tel Aviv Bavli neighborhood, which was sold for NIS 17.1 million.<br />
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In 28th place is a 266 square meter penthouse on the eighth and top floor of the Mamilla project in Jerusalem, which was sold for NIS 17 million.<br />
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In 29th place is a 190 square meter apartment in Ofer Investments Herbert Samuel 10 project on Tel Aviv seafront, which was sold for NIS 16.8 million.<br />
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In 30th place is a 430 square meter house at 52 Tzahal Street in Tel Aviv's Tzahala neighborhood, which was sold for NIS 16 million.<br />
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<a href="http://www.globes.co.il/en/article-foreign-residents-israel-home-purchases-down-31-1001180554" target="_blank">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-92174063260898433802017-01-17T11:27:00.003+02:002017-03-12T17:55:33.201+02:00New Shuk Rothschild Allenby is now open<div class="separator" style="clear: both; text-align: center;">
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Right underneath the Meier on Rothschild building, the new Shuk Rothschild Allenby just opened its doors.<br />
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Following hot on the heels of the Sarona Food Market and Shuk HaTzafon, the new Shuk brings some exotic and high quality food stores and restaurants in the south of Tel Aviv.<br />
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Whether you live in Tel Aviv all year round whether you're just a tourist visiting the White City, you need to go visit this new place for the following reasons:<br />
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1. The Location! It’s on the corner of Rothschild and Allenby, in Tel Aviv’s most up-and-coming area!<br />
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2. It’s open 7 days a week!<br />
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3. It’s open in the evening, a great place to stop and get some munchies after a long night on the town! Coming soon there’s going to be live music and shows.<br />
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4. Some of our old favourites are going to be there, including Bunny Chow (get a free drink with your meal with the Secret Tel Aviv VIP Card) and HaMalabiya.<br />
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5. Some cool new additions to the Tel Aviv street food scene, including Mexico City and Chipsea Kings (what an awesome name!).<br />
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6. Plus some cool fresh food shops, including Master Fish and a fruit and veg stand – great for shabbat shopping!<br />
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This part of town was already popular for the Shuk HaCarmel. This new addition that expands the available range of options is very welcome. <br />
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<a href="https://www.secrettelaviv.com/magazine/blog/useful-info/shuk-rothschild-allenby/" target="_blank">Source Secret Tel Aviv</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-32028629007309903692016-12-20T16:50:00.001+02:002017-01-03T17:34:35.065+02:00Penthouses in White City Residence officially on sale<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigUeAACnJX32MxrCb3R-4fzRs3sQm_Qq2F0QvUCEvdlh46ircZ1Bkhh0cx02nV4ZzUYo7IDT1D-Gs47vsaNei3Fhm3u2TgMzezTnGaZBroT3Sfb-NPvc3ZYAUTJcOoApQNlmbft3TarKw/s1600/lobbyinhotelniceFabrizioNannin.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="314" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigUeAACnJX32MxrCb3R-4fzRs3sQm_Qq2F0QvUCEvdlh46ircZ1Bkhh0cx02nV4ZzUYo7IDT1D-Gs47vsaNei3Fhm3u2TgMzezTnGaZBroT3Sfb-NPvc3ZYAUTJcOoApQNlmbft3TarKw/s320/lobbyinhotelniceFabrizioNannin.jpg" width="320" /></a></div>After a soft launch that lasted almost a year, penthouses in White City Residence are now officially on the market. One such penthouse (there are 7 of them) which has been put on sale for NIS 100m occupies 360 m² of the 29th floor and features a 120-m² terrace. That's more than $55,000 per square meter if you account for the terrace at 50% if its surface like it's the market practice.<br />
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It will be decorated and accessorised by the Armani studio. White City Residence is located on Yitzhak Elkhanan St. at the edge of the Neve Tzedek neighbourhood, adjacent to Rothschild Ave. Until several years ago, Yitzhak Elkhanan St. near the Carmel Market was considered a neglected area with a relatively low real estate value. But over the last decade, the face of the neighbourhood has changed to the point that it now boasts many luxury developments such as this 161-apartment project. In practice, most of the buyers purchased multiple apartments and connected them, therefore, the current number of apartments totals about 95.<br />
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<a name='more'></a><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJkOVjrRtVRjs4tzE1z2hA1czHjMewLyGpPeI9SR4cGoooTZrFIFb0LsVS7QqdwYbR642MkblFXR3xRHTKvxu_VjtD5B9ZmmeQadW39C1DSaD37wv0zX9ngMH5Jo80sUzZmlFjutjLiv4/s1600/bedroomFabrizioNannin.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="133" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJkOVjrRtVRjs4tzE1z2hA1czHjMewLyGpPeI9SR4cGoooTZrFIFb0LsVS7QqdwYbR642MkblFXR3xRHTKvxu_VjtD5B9ZmmeQadW39C1DSaD37wv0zX9ngMH5Jo80sUzZmlFjutjLiv4/s200/bedroomFabrizioNannin.jpg" width="200" /></a>The project entrepreneurs report that 92% of the apartments have been sold for a combined revenue of 820 million NIS. Negotiations are currently underway for a number of available penthouses that start at 40 million NIS. Who is buying these apartments? Company figures indicate that 48% of the buyers are Israeli while the rest live abroad but intend to move to Israel within the next few years. The smallest apartment purchased measures 63 m², while the largest occupies a full 525 m². According to Haim Feiglin, President of Zemach Hammerman Ltd., “When we decided to go into the ultra-luxury market, we wanted to do something different, something that has not yet been seen in Israel, so we could give buyers a product comparable to luxury properties in Manhattan, London or Miami. That is why we partnered with Armani Casa and created a unique product that has been received with excitement by buyers of premium apartments in Israel and internationally.”<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3JDZz6s67Xur97CzBU5NqhgzNhjN_nkpBCCfVvI8lDmydWaYFjM7oiBanilXYrVgIoPPRHrXCY2BXhEOgunNkrlLw7sAadzgdc9Hwi0iCBZ1anGJGv8DW6_vTzWGiOJtn024vlmvGQ3M/s1600/kitchenFabrizioNannin.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="181" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3JDZz6s67Xur97CzBU5NqhgzNhjN_nkpBCCfVvI8lDmydWaYFjM7oiBanilXYrVgIoPPRHrXCY2BXhEOgunNkrlLw7sAadzgdc9Hwi0iCBZ1anGJGv8DW6_vTzWGiOJtn024vlmvGQ3M/s200/kitchenFabrizioNannin.jpg" width="200" /></a>Armani Casa Milan designed and furnished the atrium and lobby of the project, a space with 10-meter-high ceilings as well as the conference room, model apartment – down to the dishes and cups – and will soon design and furnish the most expensive penthouse in the project for sale for 100 million NIS. “We’re talking about something you don’t encounter in a typical luxury project,” explains Zemach Hammerman Ltd. Vice President Ran Ben-Avraham. “Intense thought went into the smallest details, down to the weave of the upholstery and the cabinet handles. Not a single corner went without attention from the designers.”<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitVw1fchewHHSWsa2u4eA9_9btwAvPEbY7umZrUU9KmO3HLq8IHgXJIhBQx5aQKNhNksrD870MU8JUYMfYtVkuGuJbo229SqfAfH8nDnT9nC_VnCS92tUW6K90sVksXKDTf5bMlvNmrmI/s1600/livingroomFabrizioNannin.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitVw1fchewHHSWsa2u4eA9_9btwAvPEbY7umZrUU9KmO3HLq8IHgXJIhBQx5aQKNhNksrD870MU8JUYMfYtVkuGuJbo229SqfAfH8nDnT9nC_VnCS92tUW6K90sVksXKDTf5bMlvNmrmI/s200/livingroomFabrizioNannin.jpg" style="cursor: move;" width="154" /></a>Beyond the pampering design, project residents will benefit from a heated swimming pool, gym, spa floor, aerobics studio, massage and other treatment rooms and a hair design studio. Personal concierge services will also be available to residents, which will offer supermarket shopping and taxi-ordering services and even a private chef or chauffeur. <br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWKqsVYvQsbbR98v0LpShmnLQf1ZqUHs1zAS9rgavseNWNX1d4lqcEt-g3gNv34NmUJiyx4lpQMUyhDk1O3saTy7hYB2Z4WgQaTtahutFHCDHE4OFbZ2OD2V0gHzFMu-6NcSk7C6OIN_c/s1600/eatingplaceFabrizioNannin.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWKqsVYvQsbbR98v0LpShmnLQf1ZqUHs1zAS9rgavseNWNX1d4lqcEt-g3gNv34NmUJiyx4lpQMUyhDk1O3saTy7hYB2Z4WgQaTtahutFHCDHE4OFbZ2OD2V0gHzFMu-6NcSk7C6OIN_c/s200/eatingplaceFabrizioNannin.jpg" width="151" /></a>Project architect Avner Yashar attested that one of the significant challenges was to create a prestigious residential tower that does not seem out of place in its surroundings: “Usually, we encounter anti-tower rhetoric; the challenge here was to find a way to integrate the tower that would not only do no harm to the vicinity but would actually contribute to it. While all the apartments face the sea, it does not look like it turns it back on the street.”<br />
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<iframe src="http://www.ynet.co.il/video/0,20658,153328-4893154,00.html?obj={%22callbacks%22:{%22onLoad%22:%22pageRefreshDisable%22,%22onFinish%22:%22pageRefreshEnable%22}}" allowfullscreen style="width:640;height:360;border:none;"></iframe><br />
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<a href="http://www.jerusalemonline.com/real-estate/no-limit-penthouse-for-sale-near-tel-avivs-carmel-market100-million-nis-25366">Source Jerusalem Online</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-70886986187318888862016-12-14T14:28:00.000+02:002016-12-14T14:28:42.196+02:00Founders of Mobileye move into Meyer on Rostchild<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSIU1PrdCpluyx7o82zcs4w7gFbO0bv3gr0xSo0LzlRP1SwTKL1C3wVe32GAI8szJfWCAb2My0fwypcVUQsQXO4jUKYgyAj62VxYVF8JHM6lXmD9XYIm70pP2RlDBfnTPjN6JPpQKLam4/s1600/10.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="295" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSIU1PrdCpluyx7o82zcs4w7gFbO0bv3gr0xSo0LzlRP1SwTKL1C3wVe32GAI8szJfWCAb2My0fwypcVUQsQXO4jUKYgyAj62VxYVF8JHM6lXmD9XYIm70pP2RlDBfnTPjN6JPpQKLam4/s320/10.jpg" width="320" /></a></div>Amnon Shashua chairman of the extraordinarily successful Mobileye company and Ziv Aviram, its CEO have snatched 2 extensive flats in the recently completed Meier on Rothschild.<br />
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Amnon spent NIS 80m ($21m) for the penthouse spanning floors 41 and 42 while his co-founder went so a more modest 300sqm flat on the 28th floor for just NIS 30m ($8m). The penthouse extends over 600 sqm, has 100 sqm of terraces overlooking the city and Mediterranean sea and has its own swimming pool and sauna. <br />
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In 2012, Eyal Waldman, the CEO of Mellanox had made the news after purchasing a flat on the 31th floor for NIS 19m ($5m). The founder of social gaming company Diwip, Yaniv Gamzo, also bought 2 flats in the tower, one that he rents and the other that he lives into.<br />
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You can check the view from the penthouse in the video below:<br />
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<iframe allowfullscreen="" frameborder="0" height="281" src="https://www.youtube.com/embed/yh8JsW9BudY" width="500"></iframe><br />
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<a href="http://www.calcalist.co.il/real_estate/articles/0,7340,L-3701842,00.html" target="_blank">Source Calcalist</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-33544263299727300052016-11-30T15:04:00.000+02:002016-11-30T15:04:53.079+02:00Dolphinarium: Surfers to replace dolphins...<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTQnkR69Lo0c8sbfM8hTR89m0XLBxN9HwLHSPB_79BOWluuGtlsn4Rlej4xOH-DvorgEOrCz4q-LxIkyL-24wsMDMdhoX1My9uhNhRNAof4FcOTuHOdpX1ollwWUaejwrtUoPWZx6mqSM/s1600/Dolphinarium+project.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTQnkR69Lo0c8sbfM8hTR89m0XLBxN9HwLHSPB_79BOWluuGtlsn4Rlej4xOH-DvorgEOrCz4q-LxIkyL-24wsMDMdhoX1My9uhNhRNAof4FcOTuHOdpX1ollwWUaejwrtUoPWZx6mqSM/s400/Dolphinarium+project.jpg" width="400" /></a></div>
After years of acrimonious battles, Dolphinarium deal seems finally underway.<br />
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The Appeals Commission from the Regional Planning Committee rejected earlier this month the appeal filed by the the various opponents to the project. Key to the success of the project, was the decision from the Tel Aviv Municipality to promote a plan designed by architects Zionov and Vitkon to build a sports center for surfers in place of the now derelict Dolphinarium.<br />
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Under the program, the abandoned complex, which covers over 21 acres of which 3,500 square meters are built, will be demolished and replaced by a small community center dedicated to sports activities. Total size will be around 750 square meters, of which 500 be dedicated to surfboards and equipment storage, offices, classrooms and changing rooms. The other 250 sqm will be used for a cafe or a restaurant. The rest of the area will be open to the public. The municipality reckons that it should take less than a year. But if history is any guide...<br />
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<a href="http://timeout.co.il/%D7%A2%D7%99%D7%A8%D7%95%D7%A0%D7%99/%D7%AA%D7%9C-%D7%90%D7%91%D7%99%D7%91/%D7%AA%D7%9C-%D7%90%D7%91%D7%99%D7%91-%D7%97%D7%93%D7%A9%D7%95%D7%AA-%D7%A2%D7%99%D7%A8%D7%95%D7%A0%D7%99%D7%95%D7%AA/%D7%93%D7%97%D7%99%D7%99%D7%AA-%D7%A2%D7%A8%D7%A8-%D7%A2%D7%A1%D7%A7%D7%AA-%D7%94%D7%93%D7%95%D7%9C%D7%A4%D7%99%D7%A0%D7%A8%D7%99%D7%95%D7%9D" target="_blank">Source Timeout</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com2tag:blogger.com,1999:blog-6631984231308764988.post-48012542069203933782016-05-22T13:40:00.002+03:002016-05-22T13:47:25.125+03:00Neve Tzedek et l'invasion des Bobos<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-UZ2shzpxckGVKbRHf_UYOzR63W4Gv6GuTaCF8YGY7jCZBF56SaXgEQlstQeQCf-T-q95PH70H8fbKyUjhdjs5fCGP4gzA6_K1xg3pJDu0qhqUaxBUCVMnN-zt0jkfaB1_0t3b2kHplA/s1600/Dinner_in_the_Sky.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh-UZ2shzpxckGVKbRHf_UYOzR63W4Gv6GuTaCF8YGY7jCZBF56SaXgEQlstQeQCf-T-q95PH70H8fbKyUjhdjs5fCGP4gzA6_K1xg3pJDu0qhqUaxBUCVMnN-zt0jkfaB1_0t3b2kHplA/s320/Dinner_in_the_Sky.jpg" width="320" /></a></div>
Interesting piece on public French TV channel France 2 on the invasion of French "Bobos"(bourgeois-bohème), those well-off French Jews leaning on the left and who have either emigrated to Israel or bought a place, just in case....<br />
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With almost 10 000 French Jews having moved to Israel last year and even more so having bought a place and now spending many months a year in the Holy Land, it's not surprising that the French influence can be witnessed all over the country.<br />
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But some neighbourhoods have been more affected than others and Neve Tzedek, because of its European character and charm, has been more popular than others with the French elite. It's no wonder then that property prices in Deauville have plummeted while those in those hip Israeli neighbourhoods like Neve Tzedek, called by some the "Petit Paris", have soared....<br />
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<iframe allowfullscreen="true" allowtransparency="true" frameborder="0" height="315" scrolling="no" src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2Fisraelinfofrancais123456789%2Fvideos%2F285871068413593%2F&show_text=0&width=500" style="border: none; overflow: hidden;" width="500"></iframe>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-54111671999397961222016-04-04T17:41:00.005+03:002016-04-09T12:20:43.124+03:00Nakash brothers to build another hotel on the 'tayelet'<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjV15i_ahHY1whK3WA02DhRUuEVed0UETcjwNWzP1oogZ52avow62c2BDQHSyVOTPvOErl3fTCQS5t5etPPAIRYk4W96CSUjOjx-HxXlmPvIecVSpWpegrr-wsKRv4Hb5F8IUp_EQUjFeQ/s1600/c10_01-800.2016331T161343.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="156" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjV15i_ahHY1whK3WA02DhRUuEVed0UETcjwNWzP1oogZ52avow62c2BDQHSyVOTPvOErl3fTCQS5t5etPPAIRYk4W96CSUjOjx-HxXlmPvIecVSpWpegrr-wsKRv4Hb5F8IUp_EQUjFeQ/s320/c10_01-800.2016331T161343.jpg" width="320" /></a></div>
Just a month after having announced that they plan to turn part of the Opera tower into a boutique hotel, the Nakash brothers announced that they are part of a partnership that has purchased a plot one block away from Opera building.<br />
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And they intend to build there yet another sea front luxury hotel, right on the Herbert Samuel promenade, the famous Tel Aviv 'tayelet'.<br />
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Minrav Projects, controlled by Avraham Kuznitsky, and a company controlled by the Nakash brothers and real estate agent Raz Oded have signed an agreement to establish an equal partnership to acquire 75% of a plot on Hayarkon Street for NIS 97 million. The 12-dunam (three-acre) site, located between Herbert Samuel, Hayarkon, Geula, and Yona Hanavi streets, is owned by developer Gabi Elbaz, whose personal wealth totals NIS 145.5 million.<br />
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Elbaz will retain 25% of the plot. The lot includes 3,500 square meters in construction rights, and the companies plan to promote a new 7,500-square meter urban building plan that will include residences and hotels as part of a luxury project. Minrav is focusing on the residential part of the project, while the Nakash brothers will concentrate on the hotel part. The companies have also agreed with Mizrahi Tefahot Bank on finance for the project.<br />
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Avner Yashar who designed Rothschild 1, the W tower and White City Residence will be the architect for the project, and the project manager will be former Tel Aviv municipality engineer Hezi Berkovich.<br />
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This is not the first joint deal by Nakash brothers and Oded, who owns the Top Nechasim realty; they bought an office building in Rishon LeZion in 2009 for NIS 25 million. Minrav Holdings Ltd. operates as both a developer and a contractor. Besides developing and building residential projects around Israel, the company is also building the IDF training base project in the Negev. Minrav's share of the deal amounts to NIS 48 million.<br />
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<a href="http://www.globes.co.il/news/article.aspx?did=1001114040" target="_blank">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-46437805859440480732016-03-31T19:12:00.002+03:002016-03-31T19:12:12.163+03:003 bed home prices rose by 8% in 2015<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5TN07tt0QD7yUYkWK2VZSUWaRbLkGBmbBgmKENfboZfd9g47BTKwdv1Z0xZHEu4yNOlm8cVy3eNnAEZ2I_ZCIkQrQFk8WVQWin9wcmGaP1u58xYbHSId3Gm6klrQtAqlyfw37Pk6XVmI/s1600/140-2b.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5TN07tt0QD7yUYkWK2VZSUWaRbLkGBmbBgmKENfboZfd9g47BTKwdv1Z0xZHEu4yNOlm8cVy3eNnAEZ2I_ZCIkQrQFk8WVQWin9wcmGaP1u58xYbHSId3Gm6klrQtAqlyfw37Pk6XVmI/s320/140-2b.jpg" width="320" /></a></div>
The price of an average four-room apartment in Israel rose by 2.5% in the fourth quarter of 2015, and by 8% over the entire year, according to figures published today by the Ministry of Justice's Appraiser Tal Alderotti. These figures are in line with those recently published by both the Ministry of Construction and Housing and the Central Bureau of Statistics.<br />
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The Government Appraiser examines the price of four rom apartments in Israel's 16 largest cities. In examining 4,600 deals, the Appraiser found that prices rose most in Rishon Lezion (6%) and Rehovot (6%) in the fourth quarter of 2015, followed by Tel Aviv (5%). Prices rose least in Kfar Saba and Petah Tikva where they were unchanged. Prices rose by 3% in Jerusalem in the fourth quarter of 2015 and by 1% in Herzliya, Haifa, Netanya, and Modiin.<br />
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In all of 2015, prices rose most in Ashkelon and Beersheva (15%) and least in Jerusalem (2%). Prices rose 11% in Herzliya, 9% in Modiin, 6% in Haifa and 4% in Tel Aviv.<br />
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<a name='more'></a>At the same time, real estate tax collection soared by 60% during the year. Real estate taxes accounted for 28% of Israel's total tax revenue in 2015, compared with just 5.4% in 2014. This meteoric rise can be attributed mainly to a 56% increase in the number of deals and a 2% increase in the average deal price. A major part of the rise in the number of deals resulted from the low number of deals in 2014, when people were waiting for former Minister of Finance Yair Lapid's 0% VAT initiative, which did not pan out. Another factor was the wave of investors hurrying to buy housing in mid-2015 before the increase in purchase tax for housing took effect.<br />
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The report considers two main elements of taxation in the real estate sector. Proceeds from the first, direct real estate taxes (purchase and betterment tax), jumped 36% to NIS 10.6 billion in 2015. Proceeds from the second, VAT on purchases of new housing, rose 28% to NIS 7.6 billion. These two forms of real estate tax jointly accounted for 5.4% of total tax revenue in 2014; this proportion soared to 28% of total tax revenue in 2015.<br />
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The high volume of new housing sales over the past two years will also contribute to VAT revenue for the next two years, due to the scheduling of payments on these housing units. This income contribution is estimated at NIS 4 billion in 2016 and NIS 2 billion in 2017.<br />
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The Bank of Israel notes, "In addition to the estimate that appears in the Annual Report, the brisk housing market may help to boost state revenues in additional ways that the Bank cannot currently estimate directly." These include income tax on wages in the construction industry, corporate taxation on the profits of construction sector companies, VAT on inputs and construction services for new housing that is not up for sale, and tax revenue from sectors providing services or raw materials to the construction industry.<br />
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The report states, "Remittances of income tax on wages in this industry in 2015 are estimated at NIS 3 billion (about 0.25% of GDP) and account for nearly 6% of total collection of this tax (from employees and managers), as against 4% in the middle of the previous decade. Revenue from corporate tax on the profits of firms that operate in this industry -construction-industry product in 2015 was NIS 55 billion, which was 7.6% of total business-sector product, as against 6% in the middle of the previous decade. The increase in this proportion may imply an upturn, as well, in the share of the industry in collection of corporate tax on earnings. However, we do not have data with which to estimate these revenues. In addition, the boom in the housing market contributes to tax revenues from industries that provide services or raw materials to the construction industry, and also contributes to local municipalities’ revenues (that collect betterment levies)."<br />
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This gap was equivalent to NIS 6 billion in additional tax revenue in 2015. Tax receipts from these two tax items (VAT on new housing and direct real estate taxes) accounted for 6.7% of all tax revenue in 2015, compared with 4% in the middle of the preceding decade.<br />
<a href="http://www.globes.co.il/en/article-govt-appraiser-israeli-4-room-home-prices-up-8-in-2015-1001105098"><br />
Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-58087897056491343612016-03-15T17:36:00.001+02:002016-03-15T17:36:30.326+02:00Israel gets award for innovative LGBT campaign<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgudWdi3ViU8QIE-sEt7hIWbZ8yVfNEQw6JWvjzfdMr5WYu0qjbprul1RDvCPazMy6H7oJy-uS7rD4Y0xjlhzwokaNuPnRERWYQXoOEqlqMXSUxy5v59qqI3kyrTe18ebY8HucEDUxYfc/s1600/o-GAY-PRIDE-MONTH-ISRAEL-DEFENSE-FORCES-570.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgudWdi3ViU8QIE-sEt7hIWbZ8yVfNEQw6JWvjzfdMr5WYu0qjbprul1RDvCPazMy6H7oJy-uS7rD4Y0xjlhzwokaNuPnRERWYQXoOEqlqMXSUxy5v59qqI3kyrTe18ebY8HucEDUxYfc/s320/o-GAY-PRIDE-MONTH-ISRAEL-DEFENSE-FORCES-570.jpg" width="320" /></a></div>
Israel's Tourism Ministry has been named the winner in an Expedia competition for innovative campaigns aimed at the LGBT community, a statement by the ministry said on Saturday. The prize was presented by Expedia, one of the leading online reservation sites in the world, to representatives from the Israel Tourism Ministry at the world's largest travel trade fair in Berlin.<br />
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According to the statement, Israel's Tourism Ministry worked with Expedia Media Solutions to make Tel Aviv an LGBT destination for clients from the UK and Italy. Expedia then created 140 exclusive deals aimed at that particular audience followed it up with strong campaigns aimed at promoting other Israeli destinations.<br />
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The campaign led to an increase in all target markets, including a 23 percent increase from clients in the UK. Israeli society is gay friendly, at least in the Tel Aviv area, and some of the legislation and precedent-setting court rulings on gay rights are groundbreaking. But the progress and prominence of the Israeli LGTB community runs counter to the religious underpinnings of Israeli society and clashes continuously with the dramatic march forward of LGBT rights in the West.<br />
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Attitudes among those sectors of Israeli society, which view homosexual sex is a violation of Jewish law and morality, have clearly not changed. The same is true for most parties representing Israel's Arab minority, which is still largely a conservative society with a strong Muslim influence.<br />
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Aguda, Israel's biggest LGBT rights advocacy organization, released a report in February stating that the center for documenting homophobia received 276 reports between August 2015 and the end of the year of violence, discrimination and other acts of hate against the LGBT community. According to the center, this represents a 100 percent increase in reported incidents compared with the last reporting period, 2014. There has been a particularly dramatic increase in the number of expressions of homophobia online, with 6,836 homophobic posts documented on Hebrew-language social media in January 2016 alone.<br />
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In July 2015, six people were stabbed by Yishai Shlissel, an ultra-Orthodox Jew, during the annual gay pride parade in Jerusalem. One of them, 16-year-old Shira Banki, later succumbed to her wounds. Tel Aviv's annual Pride festival has become world-famous and among the thousands of Israelis taking part, thousands of tourists have come from around the globe to celebrate.<br />
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<a href="http://www.i24news.tv/en/news/israel/society/105952-160312-israel-s-tourism-ministry-wins-expedia-award-for-innovative-lgbt-campaign" target="_blank">Source i24news</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-12620464946516823292016-03-14T15:23:00.000+02:002016-03-14T15:23:28.550+02:00Nakash Brothers planning hotel inside Opera Tower<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS2VsNE6hO8MhicXTeaMdVARFaWjJJtER7l3UmD9mdtnX-Oi9k3HV2A5a0Zvfh1M2sJ73zvzwVLIEimSPj7aOBDr9FZO-_N78SO1TVq-GjlsaXkhBB_b6Lq0y6ySNCiz2AYQnAm1be9U0/s1600/opera+tower.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="156" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhS2VsNE6hO8MhicXTeaMdVARFaWjJJtER7l3UmD9mdtnX-Oi9k3HV2A5a0Zvfh1M2sJ73zvzwVLIEimSPj7aOBDr9FZO-_N78SO1TVq-GjlsaXkhBB_b6Lq0y6ySNCiz2AYQnAm1be9U0/s320/opera+tower.jpg" width="320" /></a></div>
Nakash Brothers Group wants to expand its Israeli tourism operations and has opened talks to convert Tel Aviv's Opera Tower into a boutique hotel.<br />
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The company is interested in buying the floors above the tower's commercial complex that in the past served as a cinema. The space covering 3,500 square meters belongs to a publicly traded company and could serve as a 50-60 room hotel.<br />
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Nakash Brothers Group is set to open three exclusive hotels in Israel: on the shores of the Kinneret (Sea of Galilee); adjacent to Jaffa's clock tower in the former police station under the Setai brand; and the 137-room Herbert Samuel Hotel in Jerusalem's Shamai Street, which is set to open next month for Passover.<br />
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All these hotels will become part of the Nakash Brothers Orchid hotel chain in Israel: the Orchid Eilat; Orchid Reef Eilat; Orchid Park Plaza Tel Aviv; Orchid Okeanos Herzliya; and Bayit Bagalil in the Galilee.<br />
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<a href="http://www.globes.co.il/en/article-tel-avivs-opera-tower-may-become-boutique-hotel-1001108995" target="_blank">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-27197055108531800112016-02-27T13:06:00.000+02:002016-03-13T15:07:06.592+02:00Armani Synagogue in White City Residence<div class="separator" style="clear: both; text-align: center;"></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6uCE8fELZMNXzez7Hxb-C8WBbEI1ji6l4rV8MynC2WOzcgLqiqicJJ11yeK2AjmSSEfirRCWTetxpAwt07dxTvYh3iVDiznIjlzOarbQcrWaoDANeJ4FDkZtrfVVu-JmBEawG_le_5Zo/s1600/IMG_1546.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6uCE8fELZMNXzez7Hxb-C8WBbEI1ji6l4rV8MynC2WOzcgLqiqicJJ11yeK2AjmSSEfirRCWTetxpAwt07dxTvYh3iVDiznIjlzOarbQcrWaoDANeJ4FDkZtrfVVu-JmBEawG_le_5Zo/s320/IMG_1546.JPG" width="240" /></a></div>Making good on their promise, the developers of White City Residence are now putting the finishing touches on the interior design of the reception area, bar, meeting rooms, gym, pool and Spa. <br />
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Fitted with high end furniture from Armani Casa, the space now looks very much like the marketing brochures and CGI animations that were used to sell the property in the first place.<br />
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Even the synagogue that was built on the ground floor of the tower exhibits many of those characteristic Armani Casa accents.<br />
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While the synagogue was inaugurated in early January in presence Tel Aviv Rabbi, Rabbi Lau, the pool and spa have yet to open formally however. Still with an increasing number of residents starting to move in, the "under construction" feel of the previous months has now all but disappeared.<br />
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<div id="cp_widget_6eb3d774-269c-4fdf-a375-12f680f6d20a">...</div><script type="text/javascript">
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Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-71297893377832142532016-02-22T13:06:00.001+02:002016-02-22T13:06:30.201+02:00Fattal opens super luxury Rothschild 22 hotel<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLWgPyL2xzfk7ZpEArnXfxRatOXmf06al9PDvizAk4zmDNNIM1bimUluoB1Rgb4OsJcdEoJsDsoTgY923t2RjTnOSWtp5oW687ocWRfHrfxSDiGOT35Srt9rtEdQx7vUzUeKGTYh341to/s1600/gramophones+light+by+rona+meyuchas+koblenz+for+22+rothschild.+photo+by+yoav+gurin-bbc17bef-1d8d-4528-9181-47dc88e24053.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLWgPyL2xzfk7ZpEArnXfxRatOXmf06al9PDvizAk4zmDNNIM1bimUluoB1Rgb4OsJcdEoJsDsoTgY923t2RjTnOSWtp5oW687ocWRfHrfxSDiGOT35Srt9rtEdQx7vUzUeKGTYh341to/s320/gramophones+light+by+rona+meyuchas+koblenz+for+22+rothschild.+photo+by+yoav+gurin-bbc17bef-1d8d-4528-9181-47dc88e24053.jpg" width="230" /></a></div>
The highly anticipated Rothschild 22 Hotel has just opened its doors, and quickly gained the reputation as one of Tel Aviv’s most coveted luxury hotels. Designed by esteemed architect Ari Shaltiel, the newly designed space embodies the epitome of urban design and sophistication. The hotel’s contemporary interior, and location in the city’s financial and cultural center, makes it an obvious choice for even the most discerning of travellers. Located on the city’s infamous thoroughfare, Rothschild Boulevard, the hotel is just steps from the Tel Aviv Stock Exchange, as well as the city’s most esteemed cultural institutions, including the Habima Theater and the city’s most prestigious museums. Its location in the heart of UNESCO’s designated ‘White City’ puts Rothschild 22 within reach of city’s award winning restaurants and shops.<br />
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Rothschild 22 offers various amenities including its renowned restaurant, Gallery 22, where guests have the option of enjoying a good breakfast. The open kitchen allows guests to view the chefs in action, as they use market ingredients to create modern interpretations of classic Israeli cuisine. Perfect for business meetings and professional gatherings, Rothschild 22’s superior conference rooms provide a well-equipped and contemporary space for any type of professional engagement, or enjoying a drink prior to an exciting Tel Aviv night.<br />
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As part of the lauch, Telavivian has teamed up with Rothschild 22 and created a city guide with the top 22 restaurants, bars, galleries and cafes near Rothschild Boulevard. Discover the guide at <a href="http://www.hotel-rothschild22.com/blog-en">http://www.hotel-rothschild22.com/blog-en</a>.<br />
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<a href="http://telavivian.com/rothschild-22-hotel/">Source Telavivian</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com1tag:blogger.com,1999:blog-6631984231308764988.post-83796659668649698182015-12-31T18:43:00.000+02:002016-03-31T19:21:33.990+03:00White City Residence under the rain<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3TdbnoK6-y8YqAEV8JkudT3et78GG-95Tg3UH3exgbTzBgDB6sJlykvaeGOJmzBm35aq6ygGoZEz8IRYVOpjh4EBJEnU8tT_-0UaklRNy60Nug1ewC9TKND7PvNNQ6rQosP-LgyaZUPg/s1600/White+City+Residence+under+the+rain.jpg" imageanchor="1"><img border="0" height="281" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3TdbnoK6-y8YqAEV8JkudT3et78GG-95Tg3UH3exgbTzBgDB6sJlykvaeGOJmzBm35aq6ygGoZEz8IRYVOpjh4EBJEnU8tT_-0UaklRNy60Nug1ewC9TKND7PvNNQ6rQosP-LgyaZUPg/s400/White+City+Residence+under+the+rain.jpg" width="500" /></a><br />
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As 2015 comes to an end, delivery of the flats in White City Residence is picking up the pace. Forty flats have now been delivered to owners and eight tenants are actually living in the building already. Armani furniture for the lobby arrives next week, the synagogue opens mid January and the spa which includes an open pool, a hamam and a sauna, will be ready by the end of the month.<br />
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After a delay of almost two years, residents are seeing the light at the end of the tunnel and most of them agree that the wait was well worth it. <br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSeA3Qauzuacka_wla7tleGw7Jr2BjNDbb7wPv9HQFEQ3SG8PCLvjGxPpa1gdthTUzeIdkNI9lGpLGpfN5TdXbJ6q45TY2iODTWImm9i1plBpa7CCDPG9qUhRvaQQpqzvSglZU8kNnj1Y/s1600/pool.jpg" imageanchor="1"><img border="0" height="281" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSeA3Qauzuacka_wla7tleGw7Jr2BjNDbb7wPv9HQFEQ3SG8PCLvjGxPpa1gdthTUzeIdkNI9lGpLGpfN5TdXbJ6q45TY2iODTWImm9i1plBpa7CCDPG9qUhRvaQQpqzvSglZU8kNnj1Y/s320/pool.jpg" width="500" /></a><br />
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And if you need a reminder of the lengthy build process, just take a look at the following videos...<br />
<a name='more'></a><br />
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<iframe allowfullscreen="" frameborder="0" height="281" src="https://www.youtube.com/embed/E-vcso8qxKA?rel=0" width="500"></iframe><br />
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<iframe allowfullscreen="" frameborder="0" height="281" src="https://www.youtube.com/embed/eX6JLN3uFTI?rel=0" width="500"></iframe><br />Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-15471252279669265172015-11-24T11:04:00.001+02:002015-11-24T11:05:35.293+02:00After years of neglect Kikar Hamedina to get upgrade<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSYYLrOb1RaLoVIzQNrqX9FAqQLtWvktVw_uhxd2RPe5HaAZArZjTAfLyFhrGTPogUko-5m9c5w3J2NLfsDL6P2iv9b3fs-7Tqbk8h9yyw6OeVfUPJ8nGXNgqYXzcaPuJQMiJmoOKgf94/s1600/Kikar+Hamedina.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSYYLrOb1RaLoVIzQNrqX9FAqQLtWvktVw_uhxd2RPe5HaAZArZjTAfLyFhrGTPogUko-5m9c5w3J2NLfsDL6P2iv9b3fs-7Tqbk8h9yyw6OeVfUPJ8nGXNgqYXzcaPuJQMiJmoOKgf94/s320/Kikar+Hamedina.jpg" width="320" /></a></div>After decades of delays, the plan to build three 40-floor residential high-rises in Tel Aviv's landmark Kikar Medina has finally been approved. The three towers will contain 453 apartments on land owned by dozens of people as well as the municipality, who will receive 6,000-sq.m. of building and several small stores in the surrounding parkland.<br />
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"You have to understand how special this project is for Tel Aviv, which will include a 10-acre park," said architect Ami Mor from MYS Architects, which has been responsible for the project. "For all our efforts in the Tel Aviv Wholesale market project, for example, we obtained a park of just 2.25 acres. Here we are talking about 10 acres. It will be the largest park in any Tel Aviv neighborhood and it will be a pearl."<br />
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</i> <i>Globes: Akirov Towers also has a park open to the public but people don't really go there.</i><br />
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Mor said, "That is something completely different. In Akirov the land was higher and a separation of levels was created. With Kikar Medina, there will be no fences and the entire project will be at street level, accessible from every direction. The most important thing from Tel Aviv Municipality's point of view was that the park will be accessible to the public, and the previous city engineer Herzi Berkovitz was insistent about this and he also initiated the cancellation of a planned commercial project that would have blocked views across the park. The current plan has smaller towers that are further apart so that the view is not concealed. Half of the square will in fact be parkland with places to sit and a number of very small stores operated by the municipality. In my opinion it will be the city's most attractive park."<br />
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<i>What happens now that the plan has been approved? Will the owners be seeking a deal with a developer?</i><br />
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"All options are open. We'll begin with applying for a permit for the foundation works and then put out a tender for the entire construction in one go. There won't be any complicated deals with contractors that will market the apartments, so there won't be any apartments for sale except for those who want to sell apartments by themselves. We're talking about people who have been waiting for over 50 years to build and want to live in the apartments. Therefore the project will be built in one go."<br />
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<i>Will it be yet another project for the rich in Tel Aviv?</i><br />
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"Not all of them are rich. There are people that bought in the 1940s when the land was not expensive and even paid purchase tax and after all that waiting the project is is going ahead for the owners. There are wealthy people and ordinary people and those that inherited the land. It's the people of Israel. The owners have a committee that has been very active for years and has been promoting the project and the decisions taken by it have been for the good of the project and not the best for their pocket. The building has a twisting design and that makes it more expensive. These are things that a development company would not necessarily do if they are not sure if they can profit from it.'<br />
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<i>Over the past year many of the stores in the square have closed or left, do you think that the square will be rejuvenated?</i><br />
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"I've no doubt that the project will again make the square shine. The park will create an attraction that will draw the public to the place and there will also be an underground car park. This will bring back a heart to old north Tel Aviv, something which is lacking today. It's true there was open land but it was not in use and for years the square was not tended - full of mud in the winter and with no shade in the summer, and no character or anything for people to do. Now there has been thought put into every corner from benches to a bird sanctuary."<br />
<a href="http://www.globes.co.il/en/article-high-rises-to-rejuvenate-tel-avivs-kikar-medina-1001083171" target="_blank"><br />
</a> <a href="http://www.globes.co.il/en/article-high-rises-to-rejuvenate-tel-avivs-kikar-medina-1001083171" target="_blank">Source Globes</a>Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-66559180163252494492015-10-18T18:18:00.000+03:002015-11-18T15:48:13.523+02:00Birth of a new avenue in Tel Aviv<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwfuXBphuaQSUAld1UENbmU3jbQOg9KKcfWoZrahxi9ub-wBO0cpF3oXveH3KMqIn7e8rUIEkDlEjlEu9Fw0PXV1AvLecPqWGvaXIx5NGRApSHfZ7kzP2hV-LYD_Sk49zAIQ196M3KML8/s1600/NEW_SHDERA2.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwfuXBphuaQSUAld1UENbmU3jbQOg9KKcfWoZrahxi9ub-wBO0cpF3oXveH3KMqIn7e8rUIEkDlEjlEu9Fw0PXV1AvLecPqWGvaXIx5NGRApSHfZ7kzP2hV-LYD_Sk49zAIQ196M3KML8/s320/NEW_SHDERA2.jpg" width="320" /></a></div>More than 100 years after the creation of the first avenue in Tel Aviv, trees were planted on the portion of Yitzhak Elhanan Street that was rebuilt in front the new White City Residence. There has been many discussions as to the what the final look should be but it seems that no decision has been made yet. The idea is to have a new avenue linking Rothschild boulevard to the sea and therefore finishing the Rainbow starting at Kikar Atarim (Ben Gurion, Chen, Rothschild and then Yitzhak Elhanan). <br />
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While it seems that the redevelopment of that portion of the avenue is an interim move, it is still a welcome development. We will probably have to wait until the Dolphinarium project goes ahead for good until we know more.<br />
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One thing is for sure, that part of the city is going to be very different 10 years from now especially with the changes in store for the <a href="http://whitecityresidence.blogspot.com/search/label/carmel%20market" target="_blank">Carmel Market</a> and the Nahalat Binyamin Market.<br />
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For more info check <a href="https://sites.google.com/site/projecttlv/urban-plans/new-boulevard" target="_blank">Kerem Israel web site</a>.Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-59036836520442224252015-09-11T18:30:00.000+03:002016-02-22T13:05:54.275+02:00Unlike other major cities, Tel Aviv embraces Airbnb<div class="separator" style="clear: both; text-align: center;">
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Earlier this week at DLD Tel Aviv, the city of Tel Aviv and Airbnb announced a partnership to create a guide to the city that includes layers of interactive content.<br />
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Airbnb, which connects travelers with hosts in cities around the world, said in an announcement this week that it is the company’s first partnership with a municipality on a city guide.<br />
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The company has already produced guides to 22 other cities but in direct partnering with hosts. The guide of Tel Aviv will include maps, custom photography and an editorial on local things to see and do, as well as tips from Airbnb hosts about local businesses. “Tel Aviv is comprised of small, fascinating neighborhoods that will be showcased through this initiative,” said Hila Oren, CEO and founder of Tel Aviv Global, a company started by the Tel Aviv-Yafo Mayor’s Office dedicated to elevating the city’s global positioning.<br />
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What is unusual about this project is the active involvement of the municipality. While other major cities such as San Francisco, Paris and Barcelona have been resisting the amazing growth of the new sharing platform, Tel Aviv is setting itself apart by embracing change.Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0tag:blogger.com,1999:blog-6631984231308764988.post-38899940331675166922015-08-30T21:27:00.002+03:002015-09-21T15:47:30.532+03:00New Azrieli Sarona Tower starting to take shape<div class="separator" style="clear: both; text-align: center;">
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After more than 2 years of digging, the unconventional 200 meter, 50-story building which will be Tel Aviv largest office tower upon completion in 2016 is now starting to take shape. Azrieli Sarona will offer 125,000 square meters of working space, a three-story, 11,000-sq.-m. mall and a seven-story underground parking lot for 1,600 vehicles. It will be the country’s second-tallest building, behind Ramat Gan’s 244-meter, 68-story, multipurpose Moshe Aviv Tower.<br />
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David Azrieli purchased the land from the Israel Lands Authority for NIS522m ($139m) in 2011 and the tower will be built at the eastern end of the Sarona compound near Menachem Begin Road and Kaplan Street, diagonally opposite the three existing Azrieli towers. Architect Moshe Zur who also designed the 17 Arlozorov tower partnered with David Azrieli Architects to design the building. According to the Jerusalem Post, the architects are using simple geometry to create the effect that the building is facing the sea, which lies almost 3km to the west. The tower will be located half a block south of the company's Azrieli Center project. The office and commercial project is part of the Sarona compound in central Tel Aviv. The project offers a greater than usual number of building rights, however existing height limitations dictated a particularly large, wide building mass.<br />
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The architectural solution was to create two vertical, rectangular masses that lie alongside each other and twist slightly around two different axes. The result is a twisted tower, the base of which lies parallel to the Sarona compound pedestrian routes. Every viewpoint of the tower offers a new, different perspective. The division into two masses creates vertical proportions, which, together with the twisted effect, forms a spatial, sculptural three-dimensional object that makes a dramatic impact on its surroundings.<br />
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The lower segment of the tower accommodates a 3 storey commercial center that bridges the height variations between the Sarona compound on the western side of the project and Menachem Begin Street on its east. Each side was handled differently. Two mall entrances and a small piazza acting as an entrance plaza to the office tower above were planned on Menachem Begin Street, which is one of the main urban streets of the city. An arcade lined with stores and coffee shops is planned along the façade. The façade reinforces and revitalizes the pedestrian level.<br />
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The side facing the Sarona compound features a lower scale, green open spaces and buildings for preservation, the Templar buildings. This side contains two entrances at the end of the pedestrian paths spanning the compound. The façade facing Sarona on the pedestrian level turns its main front shopping facades in this direction. A covered sitting area is planned along the length of the façade. A sitting balcony facing west towards the compound is situated one floor above.<br />
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The overall architectural solution derives from the project’s broad urban context. The ultimate outcome is an asset to the wider public and the city, both in the capacity of its ground levels and as a striking, stately asset to the urban skyline.<br />
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<br />Franckhttp://www.blogger.com/profile/15202769424261269719noreply@blogger.com0