The large hotels just inside Jaffa Gate, may be celebrating their last Christmas as Christian owned hotels.
Ateret Cohanim purchased these hotels over 15 years ago, and they intend to take possession during 2020. The plans include placing Jewish shops at the street level, and renovating the buildings to Jewish apartment buildings.
Road 16 is under construction. This will be Jerusalem's new main vehicle entrance, and will dramatically change Jerusalem's real estate map.
The road will make driving to Road 1 (Jerusalem - Tel Aviv highway), much quicker from Central and South Jerusalem. Road 16 will eventually extend all the way to Derech Hevron.
A landmark Downtown Jerusalem building was just sold for 110 M NIS.
The 10 story, 4500 sqm building, is an historic building, which at one time housed the Anglo-Palestine Bank, which later became Bank Leumi.