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EVEN ON ARLOZOROV: “THE PROXIMITY TO THE TEL AVIV LIGHT RAIL REDUCES THE VALUE OF THE APARTMENTS”

February 2020

According to Appraiser Ran Virnik who inspected 150 properties on Tel Aviv’s Arlozorov Street, the value of the apartments on the street will drop significantly – The mass transit project is expected to shut down parking spaces and to expropriate courtyards.

The assessment was ordered by the action committee of the street’s residents, represented by Adv. Ronen Yardeni.

 

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