Barak puts Tel Aviv apartment up for sale for NIS 40 million - Haaretz

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Thu., August 28, 2008 Av 27, 5768

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Comments: 42

Last update - 08:43 27/08/2008

Barak puts Tel Aviv apartment up for sale for NIS 40 million

By Raz Smolsky, TheMarker Correspondent

Tags: real estate, Israel

Defense Minister Ehud Barak and his wife, Nili Priel, are putting their modest, 31st-floor, 350-square-meter apartment in Tel Aviv's Akirov Towers up for sale.

If they get their NIS 40 million asking price, they will set a record for Tel Aviv high-rise homes, at over NIS 100,000 per square meter. It will also net the couple a tidy profit: In late 2003 Barak bought the dig for just $2.3 million.

Barak has drawn considerable fire for settling into the prestigious address ¬ from which Priel ran the PR firm that made the headlines last week.

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Last week, Priel said she would close down the PR consulting firm, Taurus, a few months after launching it, following the wave of criticism evoked by the enterprise.

Channel 10's report of the company's existence triggered criticism that Priel was using her husband's connections and position to advance her business.

Barak's bureau issued a statement on Priel's behalf, saying that "the company's activity was a continuation of my business activity for decades. It was in keeping with all the regulations and its establishment had been reported in advance to the authorities. But in recent days, I have reached the conclusion that this was not enough and that even appearances could be used to harm my husband, Ehud Barak. Therefore I have decided to close the company down. The Registrar of Companies will be informed of this in the next 24 hours."

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1.	Well heeled crush zionists underfoot	00:14	\|	not in my name	26/08/08

2.	notes from a shady kosher bagel republic	00:17	\|	give me a break	26/08/08

3.	How Does this Happen?	00:48	\|	MIKE	26/08/08

4.	Good To see someone raking it in	00:54	\|	Levi	26/08/08

5.	let`s think up more ways he can damage himself...	01:00	\|	odles	26/08/08

6.	40.000.000:350=114285NIS:3.5=32.635 US$	01:03	\|	Andrei	26/08/08

7.	Hedonism is the great trap...	01:18	\|	Esther	26/08/08

8.	350- square meters for Barak	01:18	\|	Mark B.	26/08/08

9.	Somebody doesn`t know how to count	01:25	\|	Inyaki	26/08/08

10.	Hello Labour!!!	03:46	\|	Yaeli	26/08/08

11.	A Labour Party member!!!!	05:12	\|	harry	26/08/08

12.	Labour Party	06:07	\|	Rafiq	26/08/08

13.	Should confiscate the money and put towards Isreals Defence	07:17	\|	John	26/08/08

14.	apartments	07:54	\|	alec	26/08/08

15.	Esther #5 Going downhill into money you mean...	08:08	\|	S	26/08/08

16.	HOPEFULLY A CATASTROPHIC EARTHQUAKE WILL DESTROY THE WHOLE	08:10	\|	BUILDING!	26/08/08

17.	Yaeli #8... has it absolutely right...	08:18	\|	Esther	26/08/08

18.	Career Army/Politician	08:21	\|	RF	26/08/08

19.	Barak , what are you doing in the Labor Party	08:29	\|	Nora	26/08/08

20.	The secular Israelis will love Barak even more...	08:54	\|	Dave	26/08/08

21.	Having Money Isn`t The Problem	09:27	\|	MB	26/08/08

22.	#4, Andrei	10:07	\|	Cipora Julianna Kohn	26/08/08

23.	#6, Mark B	10:13	\|	Cipora Julianna Kohn	26/08/08

24.	#20 Dave and your point is	10:34	\|	SJ	26/08/08

25.	BEWARE !	11:02	\|	THE TEACHER/INSTRUCT	26/08/08

26.	Barak preparing to evacuate Israel	11:32	\|	Chris Linthwaite	26/08/08

27.	I`ve got a 290sq m appt in the same building	12:15	\|	GottaBeKiddingMe	26/08/08

28.	#20 Dave	13:02	\|	RF	26/08/08

29.	Re S #15	13:20	\|	Esther	26/08/08

30.	It`s normal and Acceptable	14:35	\|	Abe	26/08/08

31.	alec, its old news!	14:38	\|	Zev Davis	26/08/08

32.	Life is good	15:10	\|	PL	26/08/08

33.	Things must be real bad out there....	16:40	\|	Jeff	26/08/08

34.	Barak`s apartment	18:05	\|	Jack the Referee	26/08/08

35.	Barak refused to be upstaged by his PM`s Cremiux property.	19:26	\|	common sense	26/08/08

36.	"modest"? sounds more like typical kadima/labour corruption	22:19	\|	Arie	26/08/08

37.	This is what you get on modest 10,000Shekels /month	22:58	\|	Sal	26/08/08

38.	Must say it was a clever investment.	23:56	\|	Stephen	26/08/08

39.	The apartment	02:56	\|	Victor`	27/08/08

40.	barak /gaydamak &talansky	08:41	\|	philo ben gonzo	27/08/08

41.	Voted twice for Barak but never again.	09:12	\|	AA	27/08/08

42.	CORRUPTIONS	07:45	\|	HEDVIKA	28/08/08

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