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US sells ambassador's home in Israel for $67M, cementing embassy move to Jerusalem
Fox News ^ | 12-28-20

Posted on 12/29/2020 12:28:40 PM PST by SJackson

The State Department confirmed the sale in September

The United States sold the ambassador’s residence in Israel for more than $67 million in July, according to an official Israeli record of the sale that shines new light on a transaction that has been shrouded in secrecy.

The State Department confirmed the sale in September but refused to identify the buyer or disclose the sale price of the sprawling beachfront compound in the upscale Tel Aviv suburb of Herzliya. On Tuesday, it said the sale had been "open and transparent."

The Israeli business newspaper Globes has identified the buyer as the U.S. casino magnate Sheldon Adelson, a strong supporter of both President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. A representative of Adelson said the billionaire had no comment.

At more than $67 million, it appears to be the most expensive single residence ever sold in Israel. Congressional aides told the Associated Press in September that lawmakers in the House and Senate were looking into whether the sale of the residence complied with regulations.

(Excerpt) Read more at foxnews.com ...


TOPICS: Government; Israel; News/Current Events; War on Terror
KEYWORDS: herzliya; israel; jerusalem; letshavejerusalem; sheldonadelson; telaviv; waronterror
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1 posted on 12/29/2020 12:28:40 PM PST by SJackson
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To: dennisw; Cachelot; Nix 2; veronica; Catspaw; knighthawk; Alouette; Optimist; weikel; Lent; GregB; ..
Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume If you’d like to be on or off, please FR mail me.

..................

Hope they don't spend 67 million on another one.

2 posted on 12/29/2020 12:29:15 PM PST by SJackson (It is true that liberty is precious — so precious that it must be rationed., V Lenin)
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Comment #3 Removed by Moderator

To: SJackson

What are the chances that Biden moves the embassy back to where it was?


4 posted on 12/29/2020 12:35:34 PM PST by SoCal Pubbie
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To: SJackson

Trump paid 1/2 million to open the new embassy.


5 posted on 12/29/2020 12:43:57 PM PST by bray (Pray for President Trump)
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To: SoCal Pubbie

Slim to none, as Bitem will not set foot in the oval office. Unless he tries to run again in 2024.

But, to directly comment on your question - I believe the initial move cost nothing more than putting up an appropriately-worded plaque on an existing Tel Aviv building. It’s the purchase of land, renovations and/or construction, hardening, and security electronics that costs the big bucks.


6 posted on 12/29/2020 12:46:17 PM PST by C210N
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To: SJackson

How much did Biden get?........................


7 posted on 12/29/2020 12:54:09 PM PST by Red Badger ( “The goal of socialism is communism.”... Vladimir Lenin)
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To: SoCal Pubbie

I may be misreading his depravity, but I think it will remain
in Jerusalem.


8 posted on 12/29/2020 12:57:00 PM PST by DoughtyOne (foreign collusions did happen, it just wasn't 2016 when it happened)
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To: SJackson

I didn’t see a listing or virtual tour on realestate.com.

LOL.

5.56mm


9 posted on 12/29/2020 1:28:36 PM PST by M Kehoe (DRAIN THE SWAMP! Finish THE WALL!)
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To: SJackson

Some connected and rich leftist will acquire it and sell it back to us for triple the price. Probably a friend of Hillary or a Biden.


10 posted on 12/29/2020 1:32:57 PM PST by ETCM
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To: SJackson

11 posted on 12/29/2020 1:36:46 PM PST by nwrep
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To: SoCal Pubbie

None!


12 posted on 12/29/2020 1:41:20 PM PST by DarthVader (Not by speeches & majority decisions will the great issues th the day be decided but by Blood & Iron)
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To: SJackson

67 million dollars?!?!?!?!?!?! What in tarnation kind of a “home” is that?


13 posted on 12/29/2020 1:43:45 PM PST by jocon307 (Dem party delenda est!)
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To: SJackson

Good. But the embassy will never move back. Arabs are abandoning the Palestinians in droves. They are more concerned about Iran than supporting terrorist types who offer nothing useful.


14 posted on 12/29/2020 1:47:35 PM PST by KingofZion
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To: SJackson

I have been there. Gorgeous compound.

Not sure it’s a good idea to sell it, but that’s a fortune, even for Herzliya.

Presidents who keep campaign promises: what a concept...

Rewarded by the Deep State, their media lapdogs and Chinese sponsors with an imaginary pink slip.

Trump was our Washingtonian president.


15 posted on 12/29/2020 2:11:08 PM PST by golux
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To: SoCal Pubbie

Probably very low. He’s said he’s going to “reopen” the Jerusalem consulate which serviced the palestinian areas as well as Israel, and was our only consulate independent of the countries Embassy. Reopen in quotes, since I believe the Embassy is on the grounds of the old consulate. I’m open to correction on that, but reopen could mean downgrading the current Embassy and moving it elsewhere.


16 posted on 12/29/2020 2:29:56 PM PST by SJackson (It is true that liberty is precious — so precious that it must be rationed., V Lenin)
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To: bray

Again I’m open to correction, but I believe the new Embassy occupies the grounds of the old Jerusalem consulate. Expanded I assume, but maybe not.


17 posted on 12/29/2020 2:31:17 PM PST by SJackson (It is true that liberty is precious — so precious that it must be rationed., V Lenin)
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To: jocon307

Very expensive one, apparently the most expensive in Israel ever.


18 posted on 12/29/2020 2:32:15 PM PST by SJackson (It is true that liberty is precious — so precious that it must be rationed., V Lenin)
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To: golux
Presidents who keep campaign promises: what a concept...

Almost as rare as ones who recognize reality and act accordingly.

19 posted on 12/29/2020 2:33:07 PM PST by SJackson (It is true that liberty is precious — so precious that it must be rationed., V Lenin)
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To: golux

$67 million is a weekend’s worth of work in Ukraine for Hunter.


20 posted on 12/29/2020 2:36:40 PM PST by Rebelbase (COVID misanthrope)
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