Raz-Cohen Prashker & Co. Advocates

Raz-Cohen Prashker & Co. Advocates is a leading Israeli law firm specializing in real estate, planning and construction, and real estate taxation. Established more than 20 years ago, the firm has developed a strong reputation in urban renewal and has played a significant role in major real estate transactions throughout Israel, including Pinui-Binui projects, Tama 38 developments, and combination transactions.

The firm provides comprehensive legal services throughout the entire life cycle of real estate projects, from planning and acquisition through execution, completion, and registration. Its clients include developers, contractors, buyers’ groups, local planning committees, government-owned companies, and public entities. Among the organizations represented by the firm are Matzlawi Construction Company Ltd., Krinsky-Gottlieb, Solel Boneh, Globalinks, and Mekorot.
The firm currently represents nearly 1,000 organized households in urban renewal projects and is considered one of Israel’s leading practices in this field.

Practice Areas

The firm’s practice encompasses planning and construction law, real estate transactions, real estate taxation, unification and division proceedings, protected tenancy, possession rights, Israel Land Authority matters, expropriations, parcelation registration, condominium registration, administrative law, property disputes, purchasers’ rights, building offenses, and licensing and planning proceedings before planning authorities.
The firm also handles administrative petitions, objections to statutory plans, compensation claims arising from diminution in property value, eviction proceedings, tenant protection matters, and land settlement proceedings.

Commercial Real Estate: The firm advises developers, contractors, construction companies, and infrastructure companies on residential, commercial, and mixed-use projects. Its services include acquisition and sale transactions, lease transactions, combination transactions, buyers’ group representation, financing arrangements, tax planning, financial aspects of projects, representation before governmental authorities, and ongoing legal support throughout project execution.

Urban Renewal (Pinui-Binui): The firm is widely recognized for its urban renewal practice and has accumulated extensive experience representing residents in Pinui-Binui projects throughout Israel. The firm is distinguished as the only Israeli law firm that has completed urban renewal projects and facilitated the delivery of more than 900 residential units to clients it represented.
Its services cover all stages of urban renewal projects, including resident representation, developer selection, negotiations, planning procedures, taxation matters, financing arrangements, registration processes, and representation before planning and governmental authorities.

Selected Projects

Shaul HaMelech Neighborhood, Kiryat Ono: Representation of 270 households in an urban renewal project comprising 880 residential units. The project has been completed and all represented residents received their new apartments. The firm handled governmental approvals, financing arrangements, taxation, registration of rights, parcelation registration, Israel Land Authority lease arrangements, transfer of ownership rights, and condominium registration.

Morasha Neighborhood, Ramat Hasharon: Representation of 180 households in a project promoted by Aura Investments Ltd. The firm’s work included conducting the tender process, developer selection, negotiations, planning supervision, unification and division proceedings, obtaining Ministry of Construction and Housing approval for declaration of the complex as a Pinui-Binui project, taxation advice, and resident guarantees.

Yoseftal Complex, Bat Yam: Representation of Matzlawi in a project involving demolition of 240 apartments and construction of approximately 1,000 residential units together with commercial, office, and hospitality uses. The firm advises on planning, financing, taxation, sales, reporting requirements, and registration procedures.

Kugel Complex, Holon: Representation of 108 households in a 432-unit project developed by Tidhar. The firm managed the tender process, negotiations, planning procedures, taxation issues, resident guarantees, and ongoing registration matters.

Histadrut Complex, Givatayim: Representation of 116 households in a 480-unit project promoted by ICR. The firm represented residents through execution of the final agreement and planning approvals and continues to advise on financing arrangements, resident protections, apartment allocations, and registration of rights.

Tama 38: For more than fifteen years, the firm has advised on complex Tama 38/1 and Tama 38/2 projects, from developer selection through registration of rights. The firm has represented clients in approximately 30 buildings in Ramat Gan, Givatayim, Herzliya, Tel Aviv, Ra’anana, and other cities.

Planning, Construction and Land Expropriations: The firm has extensive experience in expropriation matters and represents both public entities and private property owners before planning authorities and courts. Its public-sector representations include NTA Metropolitan Mass Transit System Ltd. in expropriation proceedings along the Red Line route, as well as the Tel Aviv-Yafo Local Planning and Building Committee, the Central District Planning and Building Committee, Israel Railways, Amidar, the Municipality of Eilat, Netivei Israel, the Israel Land Authority, and the Yoram Gadish Group.

Real Estate Taxation: The firm is regarded as one of Israel’s leading real estate taxation practices. It advises on hundreds of complex real estate transactions and provides tax opinions, tax planning, tax reporting, representation before tax authorities, and taxation structures for large-scale real estate, Tama 38, and urban renewal projects.

Adv. Moshe Raz-Cohen

LL.B., 1993. LL.M., 2000, Tel Aviv University. A member of the Israel Bar, 1995, Adv. Raz-Cohen specializes in complex real estate transactions, urban renewal projects, real estate taxation, litigation, planning and construction law, and expropriation proceedings. He represents local planning committees and public authorities and is the author of Unification and Division and Parcelation Registration.
He previously represented the Central District Planning Committee and served as legal advisor to the National Unit for Construction Supervision at the Ministry of the Interior. He lectures before academic institutions, the Israel Bar Association, and the Association of Real Estate Appraisers, and his professional publications have been cited in court decisions and legal literature.

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.