The Times of IsraelEconomy
Historic Jerusalem Bishop’s House Sold for $18.7 Million
Summarized from The Times of Israel by baba
CenterNeutral tone
A historic 150-year-old building in Jerusalem, known as the Bishop's House, has been sold for NIS 59 million ($18.7 million) to a private company that plans to restore it. The property, built in 1876, has served various roles, including housing Anglican missionaries, a glass factory, a kindergarten, and was once inhabited by Robert Maxwell. The sale occurs amid strong demand for luxury real estate in Israel, driven partly by concerns over rising antisemitism internationally.
The story in 5 lines · by baba
- Jerusalem’s historic Bishop’s House sold for NIS 59 million ($18.7 million).
- The 150-year-old building has a history of diverse uses since 1876.
- A private company acquired the property for restoration and preservation.
- The sale highlights continued strong demand for luxury properties in Israel.
- Concerns over rising antisemitism abroad are partly fueling the luxury market.
The Times of Israel publishes in English. The key points are summarized above. Read The Times of Israel’s full report from the link at the top of the page.