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February 27, 2015 / 8 Adar , 5775
At a Glance

Posts Tagged ‘Jerusalem’

The Development Trend and Demand for Apartments in the Revived Center of Jerusalem

Thursday, February 12th, 2015

New York, Madrid, Prague, and many of the world’s greatest cities have recently made the decision to restore their historic centers to their former glory and attract residents back to the vibrant heart of the city. They have instigated a revolution of renewal, together with the immensely successful development of residential projects. The construction boom in Jerusalem’s city center shows that Israel’s capital will not be left behind, as it has now become home to a wealth of residential real estate being offered by major developers.

Even today, anyone who visits the Nahalat Shiva or Downtown Triangle areas of Jerusalem can sense their reawakening: a construction frenzy has gripped the heart of Jerusalem, and the Jerusalem municipality is promoting the fact that much of the area will undergo a ‘pinui binui’ urban renewal process that will present a more appealing appearance while taking care to retain the city’s unique ambiance. The municipality is not only investing in the renewal of Jaffa St. but also the alleys leading to it, such as Havazelet St., which will be transformed one by one into clean, quiet, and shaded pedestrian zones. Soon, according to the municipal plans, the light rail will complete the picture, and the heart of the capital will be restored to its time-honored splendor.

Africa Israel Residence Outside

 

These significant steps are being accompanied by the cleaning and improving of building facades and shop windows, while the municipality is also encouraging cultural and educational institutions to return to the city center.

Efforts to revive Jerusalem’s city center are reflected in the number of new immigrants who choose to make Jerusalem their home. According to the Central Bureau of Statistics, many of them are choosing to make Jerusalem their primary residence, compared to other major cities in Israel. During 2014 there was a rise in immigration to Israel as the rate of new immigrants increased by 32% compared to 2013. Jerusalem is among the leading cities in terms of immigrant absorption, and the percentage of immigrants opting to live there is approximately 11%, or around 2,878 new immigrants.

Liat Danino-Israeli, VP Sales & Marketing, Africa Israel Residences:

Africa Israel Residences, Israel’s leading real estate company and part of AFI Group, specializes in the development and construction of residential complexes of an exceptionally high standard, and is currently marketing three exclusive residential projects in Jerusalem’s bustling city center. Each of the company’s Jerusalem projects offers a dynamic, multifaceted daily routine, as well as comfort and quality of life. All of these Africa Israel Residences projects are within walking distance of the holy sites and entertainment areas, and residents enjoy all the added value of Jerusalem, just outside their front door.”

“Jerusalem’s inner city forms a religious, spiritual, and cultural melting pot that addresses the needs of the target audience – foreign residents, who usually prefer to purchase apartments in the holy city. In fact, according to our sales offices, approximately 55% of apartment buyers in these projects are Jewish overseas residents and we recognize a continuing upward trend in terms of demand within this market segment.”

“In the past, overseas residents were looking for small apartments solely for investment or vacation purposes. However, this trend has now changed, and the demand is for large 4-bedroom apartments suitable for families. Most of the apartments within Africa Israel Residences’ Jerusalem projects – 7 Kook St., Savyon View and HaNeviim Court – have been purchased by traditional, affluent overseas residents from various countries: France, USA, Russia, and Canada. Those buyers attach sentimental value to residences in Israel, so they intend to live here themselves.”

Jerusalem: 7 Kook St.:

A gated apartment complex of particularly high construction standards, located in the renewed heart of the city. The project is located adjacent to Rabbi Kook House, home to Israel’s first Chief Rabbi during the early 1900s, and the Ticho House museum, named after the famous ophthalmologist and his artist wife who once lived there. The complex includes 131 luxury apartments with a range of layouts, including 1, 2, 3.5 and 4-bedroom apartments, as well as penthouses featuring stunning modern designs.   Sample apartment prices in the 7 Kook St. project:

 3-bedroom penthouse (provided in shell condition) on the 8th floor of 8, with an area of 156m2 + 35m2 balcony in the 7 Kook St. project: approx. NIS 7.75 million.

4-bedroom penthouse (decorated – includes everything!) on the 8th floor of 8, with an area of 243m2 + 47m2 balcony in the 7 Kook St. project: approx. NIS 17 million.  Jerusalem: HaNeviim Court

Located in the historic center of the city, at the corner of Heleni Hamalka and Monbaz Streets, this exclusive project is close to HaNeviim Street (the Street of the Prophets), one of Jerusalem’s most impressive thoroughfares.The project includes more than 140 apartments of 1-3 bedrooms as well as prestigious penthouses with views of Jerusalem’s Old City and the Western Wall, above a 70-room boutique hotel and commercial center.

 Marketing of the project has begun, and residents will begin to move in once the marketing period has ended.  Sample apartment prices in the HaNeviim Court project:

 1-bedroom apartment on the 7th floor of 8, with an area of 60m2 + 7m2 balcony in the HaNeviim Court project: was sold for approx. NIS 1.9 million.

2-bedroom apartment on the 6th floor of 8, with an area of 86m2 + 13m2 balcony in the HaNeviim Court project: was sold for approx. NIS 2.94 million.

3-bedroom apartment on the 6th floor of 8, with an area of 111m2 + 12m2 balcony in the HaNeviim Court project: was sold for approx. NIS 4.15 million.  

 Jerusalem: Beit Mapai (Savyon View):

 A unique complex of great historical significance, located at the intersection of King George and Jaffa Streets.

The residential tower will comprise a total of 170 apartments, in a variety of layouts including 1, 2, 3 and 4 bedrooms.

 Marketing of this project is expected to begin during 2015.  

 Sample apartment prices in the Savyon View project:

 1-bedroom apartment with an area of 52m2 + 4m2 balcony in the Savyon View project: approx. NIS 1.731 million.

2-bedroom apartment with an area of 85m2 + 12m2 balcony in the Savyon View project: approx. NIS 2.8 million.

3-bedroom apartment with an area of 103m2 + 8m2 balcony in the Savyon View project: approx. NIS 3.8 million.  

Additional details:

 Dalia Azar-Malimovka | Spokesperson

AFI Group

Tel:    03-5393686

Fax:   03-5393655

Cell:  052-6678360

daliaa@africa-israel.com

Mea Shearim Protests Arrest of Yeshiva Student for Ignoring IDF Draft

Sunday, February 8th, 2015

At least four hareidi-religious men were arrested Sunday in the Jerusalem neighborhood of Mea Shearim during a demonstration protesting the arrest of a rabbinical student last week. The student refused to comply with his draft notice to enlist in the IDF.

Several hundred demonstrations gathered at the Kikar Shabbat intersection in the neighborhood at about 3 pm. The protest soon escalated, with demonstrators blocking traffic and hurling rocks at police officers who were sent to the scene.

Israel Border Guard police officers were called in to back up Jerusalem District police officers. Extra patrol units have since been deployed to the neighborhood.

The Kotel Stadium

Sunday, February 8th, 2015

Thousands of Hassidic Jews attend a special prayer of Grand Rabbi Benzion Halberstam of Bobov at the Western Wall in Jerusaelm Old City, February 7, 2015.

They built a little stadium in the Kotel with bleachers and all.

The Kotel Stadium 1

Arabs Attack Egged Bus in Jerusalem

Sunday, February 8th, 2015

Passengers on an Egged bus traveling through eastern Jerusalem came under attack by rock-hurling Arabs Sunday morning.

One person was injured by a rock that was thrown in the attack, which took place of Sultan Suleiman Street. The windshield of the bus was smashed as well. Other passengers were traumatized by the event.

Police launched a search for the attackers.

Such attacks are intended to kill and sometimes have succeeded. In past years there have been several incidents in which rocks were hurled at the windshields of cars as they passed groups of attackers.

Sometimes the vehicles crashed, killing their occupants – and the incident was chalked up to an “accident” rather than the terrorist murder that it was. In other cases the vehicle stopped, with the driver unable to continue, due to the smashed windshield or because of injury; the terrorists then rushed at the car to finish off the hapless victims.

Israeli lawmakers recently passed a bill lengthening the prison sentence for those convicted of hurling stones at moving vehicles.

Fiddler on the Bobover Roof

Friday, February 6th, 2015

Thousands of Hassidic Jews attend a welcoming ceremony for the Grand Rabbi Benzion Halberstam of Bobov in Jerusalem on February 6, 2015.

Don’t Mention God on the Temple Mount

Friday, February 6th, 2015

Rabbi and Professor Yoel Elitzur caused a massive disruption on the Temple Mount (Har HaBayit) on Thursday resulting in his being removed from the Jewish holy site by police.

Rabbi Elitzur of Ofra ascends to the Temple Mount every month.

On Thursday, when the Rabbi ascended, he was harassed by members of the radical Islamic group Marabtat, who get paid to harass and intimidate Jews visiting the Jewish holy site.

After one Muslim extremist approached Rabbi Elitzur and cursed him with the traditional Islamic phrase “Allahu achbar”, the good rabbi responded with, “Hashem Hu HaElohim”, which in English means, “The Lord, He is God”.

Police detained the Rabbi and expelled him from the Temple Mount for disturbing the public order.

Rock-Throwing Jerusalem Arabs Attacks Jewish Drivers

Friday, February 6th, 2015

Two dozen Jerusalem Arab rioters attacked Jewish drivers and passengers with rocks Thursday between the neighborhoods of Abu Tor and Maaleh Zeitim.

The mob escaped, as usual, cars sustained heavy damage, as usual, and the victims escaped without injury, which is not always so usual.

 

Printed from: http://www.jewishpress.com/news/breaking-news/rock-throwing-jerusalem-arabs-attacks-jewish-drivers/2015/02/06/

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