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Unprecedented Interest In Jerusalem Estates Luxury Apartments – Developers Expedite Second Phase As First Phase Virtually Sold Out


(COMMUNICATED CONTENT)

The rapidly progressing construction site of Jerusalem Estates at Schnellers was a key point of interest for large numbers of people who spent the recent Yomim Tovim in Yerushalayim. Many of the visitors from around the world toured the site as well as the sales office on King David Street to inquire about purchasing one of the luxury apartments to be built at Jerusalem Estates. It was all part of the unprecedented interest in a project municipal officials and other notables are calling “the most significant and ambitious undertaking in the development of the city of Yerushalayim.”

For the crowds that passed through the Schneller Compound during Chol Hamoed, there was more to see than the huge construction site of Jerusalem Estates. There were the magnificent views of Yerushalayim, a great vantage point to appreciate the city’s beauty. Perched atop a hilltop that overlooks many charmed and historic communities, the apartments will offer some of the best views of the city.

Many Jews today are seeking to claim a stake in Yerushalayim Ir Hakodesh by owning an apartment. This record demand has resulted in a significant uptick in the prices of apartments in the city, which is anticipated to significantly rise in the coming years. According to the developers of Jerusalem Estates, a majority of the apartments of the first phase, some $70 million of property, was already sold. The sales office has already received some 1500 inquiries from around the globe. These impressive developments led the developers to commence with an additional phase of the luxury project.

Aside from its historical significance of being on the site of the 150-year old Schneller’s Compound, it is a residential property that no longer exists anywhere in the heart of Jerusalem. It is a vast spacious area, an island of peace and tranquility, extending nearly 20 acres adjacent to the celebrated Malchei Yisrael neighborhood, and just minutes from the streets and alleyways of the bustling center of the Holy City. Beyond the large developed historic public area surrounding the project, the Jerusalem Estates buildings are completely surrounded by a private courtyard of about 2 acres of gardens of rare pastoral beauty designed by the office of Adir Tzur-Wolf, winners of the Israel Prize for Landscape Planning.

The Jerusalem stone carved with aesthetic precision, the stone cornices, the artistic iron items, are the signature designs of Yehuda Feigin, the esteemed planner of many world-class hotel and residential properties such as Jerusalem’s widely acclaimed Waldorf Astoria. It brings out the perfection of his vision of creating luxury Jerusalem residences at an unprecedented level.

Entering each building from the private gardens, the visitor’s first impression will be a magnificent lobby. There they will find a wide-open space with a high 20-foot ceiling that the planners invested a great deal of capital and thought. A central display in the lobby is an inspirational showcase of enlarged ancient coins that are the defining distinct signatures for every building.

Owners of apartments at Jerusalem Estates will be entitled to VIP services where a designated office, staffed by professionals, serve as ombudsmen with management in seeing to the needs of prospective residents. People who have bought apartments are extremely impressed that that the project was more than meeting all milestones. Almost every aspect of the construction was either on schedule or well ahead of its planned timetable. This display of professionalism is a major distinguishing factor between the development of Jerusalem Estates and other projects that are often mired in delays. The developers are confident that the well-laid plans will continue to result in the meeting of all milestones.

For more information about Jerusalem Estates, please contact : Sales Office, 16 King David St. Jerusalem 94101, Tel. 972-2-502-5502 | USA 718-564-6656 . Fax. 972-2-532-3532 | www.jerusalemestates.com



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