Neve Yaakov housing project seeks rights reallocation amid development dispute

Jerusalem’s district committee is examining objections to a 588-unit housing plan spanning 40 dunams in Neve Yaakov, which involves demolishing 128 existing units. Developer Netiv, investing some 200 million shekels, is demanding corrections to allocation tables, arguing current arrangements unfairly harm property rights holders and compromise project viability.

Sources: Israel Hayom

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