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The Number of Apartments will Double: the Renewal Project in Jerusalem gets Upgraded and is about to Launch

274 new apartments: Azurim Company announces the expansion of the urban renewal project in the Iceland complex in Jerusalem, after reaching agreements with the residents of the adjacent building at 16 Columbia Street. The expansion of the project allows the company to make significant progress in the planning process.

The partners from Epstein Rosenblum Maoz (ERM) Yoav Zahavi and Aharon Shimon together with attorney Nofar Driks from the firm’s real estate and urban renewal department represent the company Azorim, which today (Monday) announces the joining of the Columbia 16 building to the urban renewal project in the Island 19 complex- 21, in which they signed an eviction agreement contract with 78% of the apartment owners. Within a few days, the company managed to reach over 60% signatures in the Columbia 16 building and the required majority in the expanded complex.

For the full article in Hebrew: https://bit.ly/3xfLz4f

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