Property

Appeal over school building

By Robyn Rosen, August 19, 2010

Developers Berkeley homes will appeal against a Hackney Council decision to stop a former school site being turned into luxury homes.

In March, hackney's planning subcommittee voted 5-4 against the proposal to demolish the old Skinners' School site in Stamford hill. Members of the Belz, Satmar and Lubavitch communities campaigned against the housing proposal and campaign leader and yesodey hatorah Schools' principal rabbi Avraham pinter considered the appeal "ill-advised. They don't have a chance of success."

The hearing is set for october.

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FBI arrest Orthodox 'fraudster'

By Paul Berger, August 19, 2010

An American property developer who allegedly defrauded British Jews out of millions of pounds has been arrested by the FBI.

Eliyahu Weinstein, 35, lost a civil case earlier this month against London property tycoon Berish Berger, who had been swindled out of £23 million.

At least two members of Stamford Hill's Jewish community continue to pursue multi-million pound lawsuits against Weinstein in the US, following property deals that went sour.

Last week, FBI agents arrested Weinstein, who lives in the Orthodox enclave of Lakewood, New Jersey.

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Tycoon gets back £21m in fraud battle

By Paul Berger, August 5, 2010

A British property tycoon has won a US court battle against an Orthodox developer who swindled him out of £23 million.

Berish Berger gave Eliyahu Weinstein, of New Jersey, $36.5 million, believing the money would be invested in two lucrative real estate deals in Philadelphia.

But a court heard the deals were part of a scam targeting wealthy members of the Orthodox community. The Sunday Times Rich List recently estimated Mr Berger's net worth at £35 million.

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Tycoon gets back £21m in fraud battle

By Paul Berger, August 5, 2010

A British property tycoon has won a US court battle against an Orthodox developer who swindled him out of £23 million.

Berish Berger gave Eliyahu Weinstein, of New Jersey, $36.5 million, believing the money would be invested in two lucrative real estate deals in Philadelphia.

But a court heard the deals were part of a scam targeting wealthy members of the Orthodox community. The Sunday Times Rich List recently estimated Mr Berger's net worth at £35 million.

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The crunch isn't over for property

By Candice Krieger, June 17, 2010

Property developers - indeed investors of every stripe - may wish to avert their eyes. Neville Kahn, the global leader of Deloitte's reorganisation services, who has led the administration of some of the recession's most high-profile casualties, believes it is the property players who could prove to be the fall guys of 2010.

Mr Kahn, who ran the administration of Woolworths, Mosaic and Stylo, says: "Whereas in the first half of 2009, we saw a lot of retailers struggling, the retailers have got their act together and are in a much healthier position.

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Israeli house prices soar to record levels

By Nathan Jeffay, June 3, 2010

Israel's housing market was the third hottest in the world during 2009, according to an international house price survey.

The Global House Price Index, compiled by the multinational property agency Knight Frank, showed that house prices in Israel increased more than in any other developed country except Hong Kong and China.

According to the survey, prices in Israel increased by an average of 21.3 per cent in the course of 2009, compared to a 3.4 per cent increase in Britain and a 3.1 per cent decrease in America.

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Adrien von Ferscht: Why we're all going rental

By Candice Krieger, May 27, 2010

New builds and major refurbishment projects are out - and top-end rentals are in.

That, at least, is the opinion of Glasgow-based international architect Adrien Von Ferscht. He argues that in the current climate, renting a high-spec house is likely to prove more attractive to homeowners than buying.

The 66-year-old, who has more than 40 years' experience creating interiors for private homes across the world, has turned his attention to the UK rentals market. He recently completed designs for 45 bespoke, luxury apartments in Glasgow intended for long-term rents.

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Please knock: £25 million hotel seeks A-list attention

By Candice Krieger, March 18, 2010

Alon Bejerano has opted for a more creative role. The 31-year-old former investment fund manager is now busying himself with colour charts, wallpaper patterns, lampshades and the like. That's because Mr Bejerano is now the co-director of AB Hotels.

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Langdon wins Cherie Blair’s vote for home help

February 25, 2010

Cherie Blair has lent her support to a £1.75 million project by Langdon, supporting young Jewish adults with learning difficulties.

Mrs Blair joined Langdon leaders and clients on Monday to launch The Quadrant, an Edgware property being rebuilt and refurbished to provide one two-bedroom and two individual flats. There will also be accommodation for 24/7 carers and a drop-in community centre. Building work is expected to take 18 months.

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Reaching for the sky with Ronson

By Candice Krieger, February 11, 2010

When Gerald Ronson, one of the world’s most respected property developers, sought a new right-hand man, he had the pick of the property playing field. Yet, Mr Ronson, head of Heron International, turned to the legal trade for his candidate. Jonathan Goldstein was the chief executive of Olswang law firm when he was poached by Mr Ronson, a previous client. The duo have been working together since May 2007.

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