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Real Estate / Urban Renewal

Barnea Jaffa Lande & Co.’s Real Estate Department is involved in some of the largest and most important urban renewal projects in Israel.

An urban renewal project involves many stakeholders – apartment owners, entrepreneurs, contractors, neighbors, local authorities, real-estate brokers, and service providers – each of whom influences aspects of the project. These aspects include the apartment owners’ rights, planning and licensing, financing, tax, and more.

 

Considering the complexity of urban renewal projects, selecting the right law firm is a critical factor in their successful completion. Possessing expertise on the above aspects is essential.

 

Barnea offers comprehensive legal services and guidance throughout a project. It provides preliminary examinations of all aspects of the project; conducts negotiations between the entrepreneurs, contractors, and tenants; determines preliminary feasibility; drafts and signs agreements; oversees reporting to the tax authorities, monitors the preparation of plans; handles discussions with the planning and building committees; obtains all permits; engages with the bank financing the project; counsels on all of the project’s financing aspects; evacuates tenants until the project is completed; handles the delivery of new apartments to apartment owners; registers the condominium building; and registers the apartment owners’ rights to the new apartments.

 

Our firm represents and provides a full spectrum of legal services to public and private companies, entrepreneurs, contractors, and tenants during NOP 38 projects (“demolish and build” or “retrofit and renovate” projects). This is at an inclusive volume of more than 11,000 new housing units in Tel Aviv, Ramat Gan, Givatayim, Bat Yam, Rishon LeZion, Yehud, Hadera-Giv’at Olga, Ness Tsiona, Ashkelon, Ashdod, Haifa, Nahariya, Jerusalem, Kiryat Ono, Petah-Tikva, Ramat HaSharon, Hod HaSharon, Raanana, Herzliya, Netanya, Holon, Yavne, and more.

 

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News and updates - Real Estate / Urban Renewal:


July 7, 2019

Building Removed from Pinui-Binui Plan Due to Residents' Objection

Adv. Eldar Adato was interviewed by Globes about a pinui-binui project in Kiryat Yovel, Jerusalem. Eldar is advising some of the residents in this project. Residents of the middle building objected to the plan before the Jerusalem District Planning and Building Committee, which eventually decided to exclude this particular building from the project. Eldar says this decision proves that it is possible to make flexible plans and exclude buildings with objections while still otherwise approving pinui-binui plans.

July 3, 2019

The Expected End Date for TAMA 38: May 2020

The Planning Administration revealed that the deadline for the completion of the TAMA 38 plan is May 2020. Eldar Adato, the head of our Real Estate Department, was interviewed by TheMarker on the matter. He said the Planning Administration's announcement entangles an entire industry built on the basis of TAMA 38, and projects that invested hundreds of hours of work and hundreds of thousands of shekels will be left orphaned and unable to implement.

June 12, 2019

First Evacuation and Reconstruction Project in Givat Olga

Our Real Estate Department is representing the entrepreneurs and some of the residents in an evacuation and reconstruction project on Hagdud Haivri St. in Givat Olga, Hadera.

Real Estate / Urban Renewal

Barnea Jaffa Lande & Co.’s Real Estate Department is involved in some of the largest and most important urban renewal projects in Israel.

An urban renewal project involves many stakeholders – apartment owners, entrepreneurs, contractors, neighbors, local authorities, real-estate brokers, and service providers – each of whom influences aspects of the project. These aspects include the apartment owners’ rights, planning and licensing, financing, tax, and more.

 

Considering the complexity of urban renewal projects, selecting the right law firm is a critical factor in their successful completion. Possessing expertise on the above aspects is essential.

 

Barnea offers comprehensive legal services and guidance throughout a project. It provides preliminary examinations of all aspects of the project; conducts negotiations between the entrepreneurs, contractors, and tenants; determines preliminary feasibility; drafts and signs agreements; oversees reporting to the tax authorities, monitors the preparation of plans; handles discussions with the planning and building committees; obtains all permits; engages with the bank financing the project; counsels on all of the project’s financing aspects; evacuates tenants until the project is completed; handles the delivery of new apartments to apartment owners; registers the condominium building; and registers the apartment owners’ rights to the new apartments.

 

Our firm represents and provides a full spectrum of legal services to public and private companies, entrepreneurs, contractors, and tenants during NOP 38 projects (“demolish and build” or “retrofit and renovate” projects). This is at an inclusive volume of more than 11,000 new housing units in Tel Aviv, Ramat Gan, Givatayim, Bat Yam, Rishon LeZion, Yehud, Hadera-Giv’at Olga, Ness Tsiona, Ashkelon, Ashdod, Haifa, Nahariya, Jerusalem, Kiryat Ono, Petah-Tikva, Ramat HaSharon, Hod HaSharon, Raanana, Herzliya, Netanya, Holon, Yavne, and more.

 

Back to Real Estate

News and updates - Real Estate:


July 7, 2019

Building Removed from Pinui-Binui Plan Due to Residents' Objection

Adv. Eldar Adato was interviewed by Globes about a pinui-binui project in Kiryat Yovel, Jerusalem. Eldar is advising some of the residents in this project. Residents of the middle building objected to the plan before the Jerusalem District Planning and Building Committee, which eventually decided to exclude this particular building from the project. Eldar says this decision proves that it is possible to make flexible plans and exclude buildings with objections while still otherwise approving pinui-binui plans.

July 3, 2019

The Expected End Date for TAMA 38: May 2020

The Planning Administration revealed that the deadline for the completion of the TAMA 38 plan is May 2020. Eldar Adato, the head of our Real Estate Department, was interviewed by TheMarker on the matter. He said the Planning Administration's announcement entangles an entire industry built on the basis of TAMA 38, and projects that invested hundreds of hours of work and hundreds of thousands of shekels will be left orphaned and unable to implement.

June 12, 2019

First Evacuation and Reconstruction Project in Givat Olga

Our Real Estate Department is representing the entrepreneurs and some of the residents in an evacuation and reconstruction project on Hagdud Haivri St. in Givat Olga, Hadera.

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