Ra'anana: A Long Term Rental Project Called 'Rubinstein on the Park'
I am happy to share with you information regarding a unique housing project in Ra'anana. I thought it would interest some of my readers who either live in Israel or are planning on moving to Israel. The project is unique in that it a long term rental project including central housing maintenance, which is not commonly available in Israel. Most houses in Israel are either purchased or are rentals from individuals and do not provide a central maintenance service. Long term rental is a common concept abroad, but is hard to find in Israel.
Left to Right: Yonit Harel-Yedlin, CEO and I.
The project includes 14 buildings, 238 housing units. The project is located in the neighborhood of Neot Uzi in western Ra'anana, near the park and close to many public institutions (a school, kindergartens, Ra'anana park, a community center, a country club and more).
The project includes a wide variety of types of apartments, 4-room garden apartments, 4-room apartments, 4.5-room apartments, 5.5-room duplexes with a built-up area of 96 square meters to 138 square meters. The rent varies according to the rental period and is average for the location. The longer the rental period, the lower the rent. The apartments in the project are designated for long term rental for a period of between one and a half and up to 20 years. The project provides tenants with the personal security of a permanent residence, free from arbitrary decisions of owners of private apartments.
Examples of rental prices in the project:
A 4 room garden apartment with an area of 96 sqm is rented for a year and a half at a price of 7,400 for NIS or for a period of 3.5 years at a price of 6,900 NIS or for a period of 5.5 years at 6,500 NIS.
A 4.5 room apartment with an area of 100 sqm is rented for a period of one and a half years at a price of 6,900 NIS or for a period of 3.5 years at 6,400 NIS or for a period of 5.5 years at 6,100 NIS.
A 5 room duplex, 134 sqm is rented for a year and a half at a price of 9,500 NIS or for a period of 3.5 years at 7,900 NIS or for a period of 5.5 years at 7,600 NIS.
About 25% of all apartments in the project (60 apartments) are allocated to those who are eligible for Ministry of Housing projects. The rental prices for those entitled to Ministry of Housing projects are 20% lower than the rent in the remaining apartments in the project.
The conditions of entitlement to the "occupant price" include a number of criteria, including: not owning an apartment in the last 6 years, those who have no rights to an apartment under construction, married couples or common-law spouses, singles over the age of 35, single parents with at least one child and more.
More information on eligibility is available at MOCH.GOV.IL. According to the conditions of the office, the apartments will be rented for a period of at least 3 years with an option for extension given to the tenant for another 7 years.
The A. A. Rubinstein Company has built a neighborhood that includes lawns and parking lots. All apartments come with a built-in kitchen, central air conditioning and more. AA Rubinstein also serves as the company's management and maintenance company. Maintenance of elevators, operation of full-time maintenance personnel and support in terms of repairs both in apartments and in general (plumbing, electricity, air conditioners, etc.). The cost of maintenance and management fees is 300 NIS per month.
A Special Project of 'Rubinstein Park'
The "Rubinstein on the Park" project salutes the Israeli poets as part of the 70th Anniversary of the State of Israel.
The project includes 14 buildings that have been designed to include unique lobbies inspired by leading Israeli poets who are the cornerstones of Israeli culture.
The interior designer Liat Belzer was chosen to design the 14 lobbies in the Rubinstein Park project. Each lobby includes black and white photographs documenting the history of the establishment of the State of Israel and an entire wall with the words of one of the classic songs of each of the well-known poets: Natan Alterman, Shaul Tchernichovsky, Haim Hefer, Naomi Shemer, Shmulik Kraus, Ehud Manor, Leah Goldberg and more.
The selected photos are photographs of the "Tel-Aviv" photography company, now managed by the third generation, that holds photographs from the beginning of the establishment of the Jewish community and the state.
The design of the lobbies was complemented by 1950's style furniture with capitonnage style sofas and armchairs, retro lighting fixtures and round wooden mirrors that reinforce the sense of nostalgia, as well as the Shvedron tables that connect in style and color to the colors of the sofa and the black and white of the songs and pictures.
There is a short video about the project in Hebrew for my bilingual readers.
Photography: All except the first are PR photos, taken by Morag Bitan.
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