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2nd May 2007, 06:46
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| Anybody But MEEE   Join Date: Sep 2006 Location: I$RA€L
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|  Dankner bought "HA-argazim" neighbourhood and will build 1200 apart.
__________________ Tel Aviv: 94 approved 48 proposed 37 under construction | |||||||||||
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2nd May 2007, 06:49
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| Yes Im source :)   Join Date: Sep 2006 Location: Israel
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| yeah yeah, this only the 50th time they sell and try to build there..
__________________ Did you know - Israel's landscape is per size, the most diverse landscape on planet earth, with 4 climate regions, snow peaks to sandunes, unique flora, fauna & climates mixing and crossing over from 3continents. for example - 500 million(!) birds use Israel's sky to migrate twice a year from the northern hemisphere to the south and back. | |||||||||||
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2nd May 2007, 06:58
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| Premium Member   Join Date: Feb 2007
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| Where is Ha-argazim neighborhood located at? | |||||||||||
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2nd May 2007, 17:39
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| Premium Member   Join Date: Jan 2007 Location: Petah Tikva, Israel
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| Near Park Darom (Begin Park), close to HaTikva (southeast Tel Aviv). | |||||||||||
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2nd May 2007, 18:42
| #5 | |||||||||||
| Anybody But MEEE Join Date: Sep 2006 Location: I$RA€L
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| an english text Dankner firm buys south Tel Aviv lot Company owned by Israeli billionaire Yitzhak Tshuva purchases poverty stricken neighborhood, plans to build 1,200 apartments at an estimated value of $170 mil Ofer Petersburg Published: 05.02.07, 17:57 / Israel Money The Dankner firm, owned by Israeli billionaire Yitzhak Tshuva purchased a poverty stricken neighborhood in south Tel Aviv from contractor Yeshayahu Khakshouri. The company plans to build 1,200 three-five bedroom housing units and a few penthouses on the lot. Dankner purchased every building in the neighborhood, expect for one which will remain under Khakshouri's ownership. According to estimates, Tshuva paid some $58 million for the lot. However, a certain portion of this amount will be given as compensation to some 200 families who have evicted the area and received alternative housing. Dankner will be able to sell some 1,000 apartments. Assuming that the average apartment will go on the market for $170,000, the project's total value in sales could reach some $170 million. Khakshouri will receive 28.5 percent of the revenues if prices are between $128,000 and $162,000 per apartment. If the prices reach between $154,000 and $188,000, Khakshouri will receive 34 percent of the revenues. If prices go up to $179,000 - $214,000, Khakshouri will receive 40 percent and if the prices go higher, Khakshouri will receive 50 percent.
__________________ Tel Aviv: 94 approved 48 proposed 37 under construction | |||||||||||
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