TEL AVIV, Israel--(EON: Enhanced Online News)--The Meier-on-Rothschild, a 42-story ultra-luxury residential tower designed by Pritzker Prize-winning architect Richard Meier , that will be ready for occupancy in Q2 2014, was chosen by "Forbes" as the 'The Next Best Thing in Luxury Housing'.
“For developers in Israel, where land is scarce, the only way to go is up”
An article that was published in April, 2013, by Morgan Brennan for Forbes online called: "The Rise Of The Super Towers: The Next Big Thing In Luxury Housing", presents the Meier- on- Rothschild luxury tower alongside other top leading sky rises from around the world, such as 432 Park Avenue in NYC and the Princess Tower in Dubai.
Yigal Zemah, founder and CEO of Berggruen Residential explains “For developers in Israel, where land is scarce, the only way to go is up". Zemah adds, "When you press the button in the elevator for the penthouse floor, you know everyone is eyeing you. Buyers will pay more for higher units and killer views, while developers can build more units and gain more profit."
Owning a penthouse at the Meier-on-Rothschild, selected as the most beautiful tower in Tel Aviv before it was even built, is a once in a lifetime opportunity to live at Tel Aviv’s most prestigious address. Located at 36 Rothschild Boulevard, Meier-on-Rothschild has limited units available for sale and is on track for completion in the second quarter of 2014.
Meier-on-Rothschild’s remaining three penthouses include The Royal Penthouse, a 7,833-square-foot (728 sqm) estate on the 40th floor offered at $23.95M; the Rothschild Summit, a 6,520-square-foot (607 sqm) townhouse on the 41st and 42nd floors offered at $39.95M; and The Palace in the Sky square- foot (1418 sqm) offered at $48. 97M. All penthouses feature 360-degree breath taking views, high ceilings, Jacuzzis, generous outdoor terraces, private elevators, and more.
Rising 590 feet (180 meters), the modernist white and transparent tower will put Richard Meier’s signature on the Tel Aviv skyline. Known as “The White City,” Tel Aviv’s architectural vernacular is strongly influenced by the 1930s Bauhaus-style, characterized by functionality and minimalism. Meier-on-Rothschild is a fresh interpretation of this idea.
The Meier on Rothschild is developed by Berggruen Residential Ltd., a joint venture between Berggruen Holdings, the U.S.-based private investment firm of Nicolas Berggruen, Hagag-Cohen Group and Yigal Zemah the Founder and CEO.