On Protest’s Main Street, Penthouse Has Pricetag of $50M
While hundreds of thousands of Israelis take to the streets to protest the high cost of housing, a penthouse on Tel Aviv’s Rothschild Street is on the market for $50 million.
It’s the highest price ever charged for a home in Israel, the Berggruen Group, which is selling the two-floor apartment, told Ynet.
The apartment, on the 36th and 37th floors of the Meier on Rothschild Tower, will not be completed for two more years. It includes a 23-foot-high living room, an internal elevator, a Jacuzzi, four parking spots in the underground parking area, four storerooms and private cells in the wine cellar, according to Ynet.
Other apartments in the building have sold for between $5.6 million and $17.5 million, with one apartment going to Nat Rothschild, the great-grandson of Baron Edmond de Rothschild. The street on which the tower is built is named after the baron.
A message from our Publisher & CEO Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.
If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.
— Rachel Fishman Feddersen, Publisher and CEO
