The lot near the Azrieli Center has building rights for 110,000 square meters and is attracting interest from BSR Group.
Millennium Logistics Parks plans to raise NIS 200 million in an IPO on the Warsaw Stock Exchange.
While prices have fallen back recently, they remain high compared with a decade ago.
The 31-storey Faire Tower is adjacent to the BSR Tower at the corner of Abba Hillel Silver Street and Hatzela Street. It has 90 apartments.
Hotels and casinos magnate Steve Wynn paid $23 million for the prestige New York residence.
Rising prices are apparently keeping younger buyers out.
Prices in the project range from NIS 40,000 to NIS 80,000 per square meter.
"Apartments may be sold at prices lower than the mortgages taken out for their purchase."
"Unless I get an offer I can't refuse, I would like to concentrate now in Manhattan."
Eli Yishai: I take a very serious view of the current real estate conditions in Israel, and the great difficulty young couples face in buying a home.
The plan applies to a 1930s era building slated for preservation, which was rezoned from residential to hotel use.
The buyer plans building 50 hotel units.
A three-room apartment costs nearly NIS 2 million.
Moscow's Mall of Russia is AFI Development's flagship project.
A study by the Government Assessor found that wide variations in values could be explained by the local population's education, income, and country of origin.
Ehud Olmert appears today again at the offices of the Israel Police National Fraud Squad.
Plans for a Palmachim beach development raised a public outcry.
The estimated cost of the residential buildings is NIS 800 million.