Raz-Cohen Prashker & Co. Advocates

Raz-Cohen Prashker & Co. Advocates is a leading Israeli law firm in real estate, planning and building, and property tax. The firm was founded over 20 years ago as a breakthrough law office in urban renewal, and clear and build projects, and has played a main role in major 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 committees, government and development companies and contractors, including Matzlawi, Property & Building, Krinsky-Gottlieb, Solel Boneh, 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 buyers’ rights, building offenses and administrative law, and planning and licensing procedures in planning institutions. The firm also specializes in administrative petitions, loss of real-estate value claims, illegal 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 implementation, counsels construction and infrastructures companies , and handles related issues including financial support, tax planning, preparing calculations and representation before authorities.
Clear and Build - The firm has numerous achievements in representing tenants in clear and build developments, and is renowned as a professional authority in this field. The firm is the only firm in Israel who completed thus far urban renewal projects and delivered apartments to its supported clients in an extent of more than 900 housing units.
Selected Projects
Shaul HaMelech, Kiryat Ono - Representing 270 households and building 880 new apartments. The project was completed and all of the residents reside in their new apartments. The firm handles relations with the authorities, bank support arrangements, putting up guarantees, handling tax issues, registering rights, parcellation registration, leasing contract expenses from the ILA, registering private ownership and the registration of the joint houses in the Land Registry.
Morasha, Ramat Hasharon - Representing 180 households in their proceedings with Aurora Investments including choosing the developer, supervising planning, parceling and dividing, submitting applications and receiving Housing Ministry approvals, tax consultancy, guarantees arrangements, etc.
The Yoseftal Complex, Bat Yam - Representing Maslawi in a clear and build transaction for vacating 240 apartments, and replacing them with 1,000 apartments as well as spaces for commerce, offices and hotels. The firm handles the preparation of city building plans, bank support, declares the project a ‘Pinui-Binui’ project for tax purposes, handles the process of selling the apartments to buyers and supporting the company until registration in the Land Registry.
Kugel Complex, Holon - Representing 108 households vis-à-vis Tishar Ltd. in a project where 432 apartments would be built. Organizing a public tender and selecting the developer, representation vis-à-vis the developer throughout the entire negotiations until a final agreement was formulated. Supervising and improving the planning, tax consulting, handling the declaration of the complex as a clear and build complex, facilitating all of the guarantees for the residents in the framework of the bank finance until the registration of the rights. HaHistadrut Complex, Givatayim: representing 116 households vis-à-vis ICR Ltd. in a project where 480 new apartments would be built. The firm represented the residents until a final agreement was signed, handled the planning until a zoning plan and permits were obtained, and it handles the construction loans, guarantees for the residents and accompanying them until the apartments rights registration.
Tama 38 – the firm has been accompanying complex Tama 38/1 and Tama 38/2 projects for more than 15 years, from the selection of a developer through to the registration of rights, in almost 30 buildings in the cities of Ramat Gan, Givatayim, Herzliya, Tel Aviv, Ra’anana and more.Notable Projects (Tama 38/2):
Izhak Elhanan Complex, Ramat HaSharon: Representing tenants in their proceedings with “Azorim”. Choosing the developer, managing the negotiations, signing the agreement, handling the project’s tax aspects and obtaining permits.
Bavli-Tosefta Complex, Tel Aviv - Representing tenants (80 households) in their proceedings with “Urban”. Handling the agreement and negotiations, managing the collaterals on behalf of the tenants, handling the tax aspects and accompanying the planning process
Real Estate Taxation - The firm is one of Israel’s most professional real estate tax firms with broad 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 experience 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 books “Parcellation and Unification” and “Registering parcels,” which were a breakthrough in a little known field. He represents the Central District Committee and serves as legal advisor to the Interior Ministry’s National Unit for Building Supervision. He drafted bills, set guidelines for supervisors and lawsuits and participated in meetings attended by the Interior Minister to form policy. He lectures in academic forums for the Israel Bar, and the Real Estate Appraisers Association. Many of his articles are quoted in rulings and publications.

Adv. Keren Prashker

LL.B., Bar-Ilan University, 1996; LL.M., Tel Aviv University, 1999. A member of the Israel Bar, 1997. She specializes in real estate transactions, urban renewal projects, and purchasing groups support, during which she negotiates and, among other things, she provides legal and financial accompaniment, supports rezoning procedures, provides support during approvals of master plans and city building plans, prepares agreements with contractors and consultants, and counsel during marketing projects and registration rights.