Two 1970s buildings on HaAmoraim Street have been demolished. Existing owners will receive larger apartments with protected rooms, balconies, storage and underground parking.
A four-story building will replace the two-story property at 8 Kehilat Budapest Street. Existing owners will receive new apartments with protected rooms, parking and balconies.
Tel Aviv-Yafo's local planning committee has recommended depositing a plan that would transfer Beit Romano, at 9 Jaffa Road, to full municipal ownership and add about six to seven floors to three nearby towers already approved.
The Terra site design plan in Nahalat Yitzhak includes four towers of 40 to 65 floors and up to 718 apartments. Fifty-seven are designated as rent-controlled housing for 20 years.
The appeals committee accepted the main arguments made by residents of Arvei Nahal Street in Tel Aviv and ruled that the urban renewal project should not be halted solely because of the parking issue.
Midar has signed a combination agreement to advance a residential tower of about 20 stories with commercial space on the ground floor at 30-32 Nahalat Yitzhak Street. The project still requires approval from another rights holder in the land.
Buying an apartment in North Tel Aviv can offer stable demand, a high quality of urban life, access to services and long-term appeal. These are four advantages worth examining before making a decision.
Residents of Arvei Nahal Street in Tel Aviv say an advanced urban renewal project has stalled over parking. They argue that a demand to give up existing spaces forces them to choose between proper protection and registered parking rights.
Tel Aviv is offering buyers a rare window of opportunity, with quality apartments, room to negotiate and favorable terms. For those who can afford it, the city's real estate market is going through an unusual period.
