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Yerushalayim…It is labeled �The Private Historic Estate at Schneller� and is already being recognized�as the most luxurious housing complex ever built in the eternal city of Yerushalayim. Construction of�the near 400 deluxe apartments has reached a new phase as the foundation for the beautiful�buildings has been completed, well ahead of schedule. The excitement over the new magnificent�development has already generated 50 contracts from future owners from around the world. The�timeliness of the completion of the foundation stage is further proof of the unprecedented precision�of the planning and design.

The first group of 50 owners, includes many well-known respected families from the US and Europe�who covet living in such a historic estate in the midst of some of the city�s most celebrated�neighborhoods. They appreciate the high standards of construction and overall professionalism of the�developers which makes it the most desired housing complex ever built in Yerushalayim. Although the�apartments are in a secluded private area surrounded by luscious gardens, it is also minutes away�from the hub of Torah and Chassidic centers as well as the world-renowned commercial center of�Malchei Yisrael.

The architecture that envelops the apartments with the most modern amenities is closely aligned with�the classic Yerushalayim design and its signature stones. The design is the genius of Yehuda Feigin, a�highly-respected world class architect, whose works include the prestigious highly-acclaimed Waldorf-�Astoria Hotel. Mr. Feigin and the rest of the development, planning and construction team introduced�a level of planning and professionalism never before experienced in the religious community.

Jerusalem Estates will be a completely walled-in private complex without any access to vehicles.�Residents and guests will be able to use an underground tunnel that will lead directly into the�complex. Once inside, residents will enjoy living in an area festooned with luscious green gardens in�an interior park setting.

In addition to the 50 home buyers who have already gone to contract, the Jerusalem Estates Sales�Office on King David Street is fielding hundreds of inquiries with many prospective buyers looming. A�spokesman for the developers noted that �Jerusalem Estates has become a symbol of the city�s new�high-end luxurious development.� He said that the project is also defined by the fact that �we are�working with the foremost professionals in the real estate industry, the most prominent attorneys,�Bank Hapoalim which is very much a part of this project, world-class architects, and leading�construction consultants and experts.� He concluded: �Our claim of being the most prestigious project�ever built in the city is certainly supported by the esteemed quality team that developed this project.�

The Jerusalem Estates developers emphasize that meeting major milestones such as the recent�completion of the foundations is the key to the success of any real estate project, especially such an�elite development. �As we make the transition from the foundation phase to actual construction,�scheduled to be completed within 30 months, we recognize that we are that much closer to the day�when an exclusive group of new residents will experience the highest standards of luxury while fully�enjoying the splendor of ancient Yerushalayim.�

For more information contact:

SALES OFFICE
16 KING�DAVID ST.
JERUSALEM 94101

TEL. 972-2- 502-5502 | USA 718-564- 6656 . FAX. 972-2- 532-3532 or visit:�www.jerusalemestates.com