DUN'S 100 - 2016

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2016 | DUN’S 100 DUN’S 100 | 2015
DUN’S 100 | 2016 2016 | DUN’S 100
Business Services
Law Firms - Real Estate
Raz-Cohen Prashker & Co. Advocates
Raz-Cohen Prashker & Co. Advocates is a
leading Israeli law firm in real estate, plan-
ning and building, and property tax. The
firm was founded over 20 years ago as a break-
through law office in urban renewal, and clear and
build projects, and has played amain role inmajor
and complex real estate deals including clear and
build, TAMA 38, and combination deals. The firm
has major experience in representing purchasing
groups, rendering services from planning through
implementation. The firm represents local com-
mittees, government and development companies
and contractors, including Matzlawi, Property &
Building, Cosmopolis, Globalinks, Mekorot and
more and nearly 1,000 incorporated households
in urban renewal deals.
Practice Areas
The firm specializes in planning and building,
real estate contracts, parceling and division,
protected tenants, real estate tax, property and
ownership law, Israel Land Administration (ILA)
law, requisitioning, registering parcels and joint
housing, tender booklets for marketing property,
sales agreements, managing properties and buy-
ers’ rights, building offenses and administrative
law, and planning and licensing procedures in
planning institutions. The firm also specializes in
administrative petitions, loss of value suits, ille-
gal eviction of owners, and contesting procedures
against master plans, tenant protection laws and
land settlements.
Commercial Real Estate and Land
The firm supports developers and contractors in
projects from purchasing rights to implementa-
tion, provides ongoing consultancy services to
companies in construction and infrastructures,
and handles all related issues including financial
support, tax planning, preparing calculations and
representation before authorities.
Clear and Build
Raz-Cohen Prashker has a long series of major
achievements in representing tenants in clear and
build developments, earning the firm unrivalled
recognition for its extensive knowledge.
Selected Projects
Shaul Hamelech neighborhood, Kiryat Ono – Rep-
resenting 270 households. The project included
vacating tenants, demolishing homes and build-
ing new housing units, handling relations with the
authorities, bank support arrangements, putting
up guarantees, handling tax issues, registering
rights, and leasing contract expenses from the ILA.
Morasha neighborhood, Ramat Hasharon – Repre-
senting 180 households and the Ramat Hasharon
Economic Co., dealing with Aurora Investments
including selecting the developer, supervising
planning, parceling and dividing, submitting appli-
cations and receiving Housing Ministry approvals,
tax consultancy, guarantees arrangements, etc.
Maslawi’s project in Bat Yam’s Yoseftal complex–
The firm represents Maslawi in a clear and build
deal for vacating 240 apartments, and replacing
them with 1,000 apartments. The firm supports
the deal’s planning issues including preparing
city building plans, and advising on tax issues
that arise as part of it, supporting the planning
procedure, handling bank support questions, rep-
resenting Maslawi in selling apartments to buyers
and supporting the company until registration in
the Land Registry.
YitzhakElchanan complex, Ramat Hasharon – Rep-
resenting 108 households in dealings with Gindi
Investments includes selecting the developer,
managing signing of the agreement and submit-
ting plans to the planning authorities.
TAMA 38 (Earthquake Retrofit)
For over 8 years, the firm has supported large and
complex TAMA 38/1 and 38/2 projects from se-
lecting the developer to registering Land Registry
rights. In a special achievement, the firm suc-
ceeded in having buildings declared asTAMA 38/2
in clear and build sites, so that a betterment tax
exemption was awarded to the project’s tenants.
The firmhas handled TAMA 38/2 projects in Ramat
Gan, Givatayim, Herzliya, Tel Aviv, and Ra’anana.
Planning, Building and Requisitioning Land
company has special expertise in representing lo-
cal committees and government companies, in all
land requisitioning topics. The firmalso represents
clients whose rights have been expropriated by
planning authorities. The firm represents, among
others, NTAMetropolitanMassTransitSystem, han-
dling all subjects regarding the Red Line.
The firm also represents the Tel Aviv-Jaffa Local
Committee, the District Planning and Building Com-
mittee– Central District, Israel Railways, Amidar,
Eilat Municipality, Netivei Israel, ILA, YoramGadish
Group and more.
Real Estate Taxation
Raz-Cohen Prashker is one of Israel’s most highly
professional real estate tax firms with the broadest
experience in tax and has advised on hundreds of
complex real estate deals from a tax perspective
including providing opinions, submitting reports,
representing clients before the tax authorities, tax
planning in complex projects such as TAMA 38/2,
clear and build, etc.
Adv. Moshe Raz-Cohen
LL.B., 1993. LL.M., 2000, Tel Aviv University. A
member of the Israel Bar, 1995, has Major experi-
ence in supporting complex deals, urban renewal
and real estate tax, and real estate litigation. He
represents local councils and public authorities
in planning and building and requisitioning. He
wrote the book “Registering parcels,” which was
a breakthrough in a little known field. He repre-
sents the Central District Committee and serves
as legal advisor to the Interior Ministry’s National
Unit for Building Supervision. In this position, he
formulated bills, set guidelines for supervisors and
lawsuits and tookpart inmeetings attended by the
Interior Minister to form policy. He lectures in aca-
demic forums for the Israel Bar, and the Real Estate
Appraisers Association. Adv. Moshe Raz-Cohen’s
many articles are frequently quoted in rul-ings and
publications.
Adv. Keren Prashker
LL.B., Bar-Ilan University, 1996. LL.M., Tel Aviv Uni-
versity, 1999. A member of the Israel Bar, 1997.
She specializes in real estate deals, urban renewal
projects, and supporting purchasing groups. She
provides legal advice, financial accompaniment,
supporting rezoning procedures, approving mas-
ter plans and city building plans, preparing agree-
mentswith contractors and consultants, marketing
projects and registering rights.
Esta b l i s h e d
2008
L i n e o f B u s i n ess
Law Firm in the Fields of Real Estate,
Planning and Building, Taxation
L aw y e r s
Moshe Raz-Cohen
Keren Prashker
Drorit Vittner Shafir
Ron Halperin
Inbal Levy-Geva
Erez Thumim
Shira Avital
Shira Cohen-Sade
Hadas Zelovics
Safi Noach
Shelly Assaf
Anna Mazor Eller
24 Huberman St., Tel Aviv-Jaffa 6407516
Tel: 972-3-7766800 ���
Fax: 972-3-6967611
Keren Prashker
Adv., Partner
Moshe Raz-Cohen
Adv., Partner