Ops & Blogs | The Times of Israel » Gedaliah Borvick

Wolfson Towers – A Safe Haven for Overseas Buyers

Gedaliah Borvick — Wed, 16 Jan 2013 20:47:04 +0000

I have fond memories from over twenty years ago walking in Jerusalem with my wife Fayge. We would head down King George Street, take a right turn on Keren Kayemet L’Yisrael, stroll through the neighborhood of Shaarei Chesed with its rich history and vibrant activity, and finally arrive at Wolfson Towers to visit our relatives. [...]

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Centrally Located Kiryat Shmuel

Gedaliah Borvick — Thu, 10 Jan 2013 15:15:41 +0000

Kiryat Shmuel is a charming Jerusalem neighborhood that is centrally located between Rechavia to the north, Talbieh to the east, and Katamon and the German Colony to the south. Kiryat Shmuel’s easy access to so many parts of Jerusalem makes it the perfect community for many Israelis and overseas buyers. Kiryat Shmuel’s land was initially [...]

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Pros and Cons of Buying “On Paper”

Gedaliah Borvick — Mon, 07 Jan 2013 19:39:36 +0000

An issue that resonates with many of my clients is: the pros and cons of buying an apartment in Israel “on paper” – which means buying a not-yet-built apartment – versus buying an existing apartment. Let’s divide this discussion into two segments. Buying a New Unit vs. Buying on Paper If one would choose between [...]

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Arnona: An Established Yet “Up and Coming” Neighborhood

Gedaliah Borvick — Wed, 02 Jan 2013 12:00:43 +0000

Arnona has recently been the focus of my attention as I am working with many clients who are buying apartments in a new residential project being developed in this charming neighborhood. The project – along with other new Arnona developments – has generated tremendous interest due to its relatively affordable prices, high construction standards and [...]

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2012 Israel Real Estate Review

Gedaliah Borvick — Wed, 26 Dec 2012 11:28:35 +0000

The Macro Picture: Israel 2012 has been a busy year for Israel residential real estate. In response to the famous 2011 “Tent City” demonstrations against the high cost of living and the lack of affordable housing, Prime Minister Netanyahu appointed the Trajtenberg Committee to address the complaints and make recommendations. This past June, the Trajtenberg [...]

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Lod: More than Just Ben Gurion Airport

Gedaliah Borvick — Tue, 18 Dec 2012 12:57:13 +0000

Earlier this year, I read an interesting article about the revitalization of Lod and was fascinated by the narrative of the ongoing gentrification process which is transforming many of Israel’s former development towns. Lod is a city whose history goes back thousands of years. It is mentioned in the Bible in the books of Ezra [...]

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Haifa’s Transformation

Gedaliah Borvick — Thu, 13 Dec 2012 11:30:32 +0000

Haifa is a beautiful city located in northern Israel which offers its residents a rich quality of life. The third largest city in Israel, Haifa is on the comeback trail after having fallen into a sixty year decline following Israel’s independence in 1948. The Early Years During the British Mandate in pre-state Palestine from 1922 [...]

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Anybody Home?

Gedaliah Borvick — Wed, 05 Dec 2012 10:00:42 +0000

When buying an apartment which you plan to keep vacant between your visits, I highly recommend that you retain a good property manager to watch over your investment. As one property manager, succinctly put it, “If you buy a home and don’t take care of it for a year, it’s like buying a new car [...]

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Baka: A Great Family-Centric Neighborhood

Gedaliah Borvick — Wed, 28 Nov 2012 10:15:20 +0000

Baka is a lovely upscale community located in southern Jerusalem. Baka is Arabic for “valley,” which alludes to Emek (or Valley of) Refaim, which runs along the western border of the neighborhood. Situated between the German Colony to the north and Talpiot to the south, Baka was established in 1892 when the railroad line from [...]

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Nachlaot: A Cultural Mosaic of the Jewish Diaspora

Gedaliah Borvick — Thu, 22 Nov 2012 15:31:23 +0000

Nachlaot is a cluster of over two dozen Jerusalem neighborhoods centrally located between Sha’are Chessed and the famous Machane Yehuda shuk. Nachlaot, which means lands of inheritance, became home to communities of Jews who emigrated from many different lands throughout the Diaspora. Nachlaot’s neighborhoods were established beginning in the 1870s to alleviate the Jews’ cramped [...]

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Combating Escalating Housing Prices

Gedaliah Borvick — Wed, 14 Nov 2012 12:00:23 +0000

With the exception of this past year in which prices have softened somewhat, Israel real estate prices over the past decade have risen significantly. Understandably, the Bank of Israel (Israel’s version of the US Federal Reserve) wants to prevent pricing from escalating to the point of creating a housing bubble with all its attendant risks. [...]

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The Charming Community of Talbiyeh

Gedaliah Borvick — Wed, 07 Nov 2012 15:11:19 +0000

Talbiyeh is an upscale Jerusalem neighborhood located between Rechavia to the north, Yemin Moshe to the east, the German Colony to the south and Old Katamon to the west. Talbiyeh’s streets are lined with trees and the gardens are beautifully manicured, and many of its buildings date back to the British Mandate period. Talbiyeh is [...]

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Shabbat Elevators: Coming To A Building Near You

Gedaliah Borvick — Wed, 31 Oct 2012 13:30:03 +0000

Picture this scenario: You find a great apartment in Jerusalem that fits all of your needs but it is located on the fourth floor and the building’s elevator does not have a Shabbat mode. The real estate agent says, “Don’t worry, the majority of tenants are religious; they will convert it into a Shabbat elevator [...]

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Anybody Home?

Gedaliah Borvick — Thu, 25 Oct 2012 08:18:34 +0000

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Groundbreaking Innovations in Hydroelectricity

Gedaliah Borvick — Thu, 18 Oct 2012 10:30:42 +0000

The story of Israel’s burgeoning energy industry is absolutely fascinating as it reinforces the “can do” spirit of the Jewish nation. While its neighboring countries account for four of the top six oil producers in the world, Israel – ranked way down the list at number 98 – is rising to the occasion by discovering [...]

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