Doing this now while peace talks are underway is pure, unadulterated Bad Faith! You're just going to have to accept that some of "Eretz Yisrael" is going to be in the other guys' country and if you want to live there, go ahead but you'll be a Palestinian. A Palestinian Jew. Israel has Arabs, Palestine can have Jews.
Palestinian youths throw stones at security forces in Shoafat, E. Jerusalem; none injured (Haaretz)
from the article: PM's office: Construction plans in East Jerusalem are nothing new