Yoel Stern & Co., Law Offices

Yoel Stern & Co., Law Offices is an established leading law firm specializing in the field of real estate, including urban renewal, combination transactions, purchase groups, real estate taxation and planning and construction. Dan & Bradstreet and BDI ranked the boutique firm in 2023 as one of the top real estate and urban renewal law firms in Israel.

In more than 30 years of professional activity, Yoel Stern & Co., Law Offices has developed a wealth of expertise, in-depth knowledge, and focused specializations in their fields. The firm was established by attorney Yoel Stern in 1991. Its outstanding reputation is a result of the professional excellence of its staff and the exceptional personal service it provides to its clients. The firm’s clients include companies, developers, contractors, property owners, tenants and investors. In the HaHoshlim project, for example, the firm was entrusted with handling a private client who sold the land in Herzliya Pituach to Gav Yam, for a net amount of NIS 160 million.

With a great deal of versatility, the firm specializes in a wide range of real estate fields, including urban renewal, real estate taxation, planning and construction, Israel Land Authority lands and complex transactions, and therefore provides its clients with comprehensive legal services, and serves as a one-stop shop as in the field of real estate.

The senior partner is involved in all the transactions, and all the skilled attorneys in the firm have a lot of experience in the field of real estate. In addition to meticulousness, proficiency and in-depth knowledge, the firm also assists clients in tax planning of the deal and comprehensive and thorough accompanying that includes negotiations with the tax authorities.

The firm, which places its clients at the center at all times, mainly represents tenants in the field of urban renewal (Pinui Binui and NOP), engages in combination transactions and represents developers in apartment sales.
Its clients benefit from the synergy created between the firm’s extensive experience and knowledge, as well as its young and dynamic spirit, creativity, and initiative.

Areas of Expertise

Real Estate

The firm has extensive experience in all types of real estate transactions, including sale transactions, purchases from a contractor, combination transactions, purchase groups, urban renewal (NOP 38, Pinui Binui) and transactions with the Israel Land Authority. The firm accompanies private clients, developers and contracting companies in all phases of the transaction.

Urban Renewal - Pinui Binui

The firm has expertise in these transactions, including drafting the contract documents and in providing legal and creative solutions to various issues that arise during the project period, while making sure to preserve and protect the rights of the apartment owners.

Urban Renewal - NOP 38

The firm specializes in accompanying NOP 38 transactions and is proud to be among the first and leading firms in this field. In the field of NOP 38 (strengthening/demolition and construction), the firm assists hundreds of tenants across the country.

Planning and Construction

The firm specializes in accompanying planning procedures, including approval/objections to city building plans, procedures for requests for reliefs/authorization of non-standard use, planning procedures in urban renewal projects (NOP 38 and Pinui Binui) and appearances in planning committees and courts, representing developers and property owners in the reduction of improvement levy assessments, and in claims for a decrease in value due to approval of a plan (Section 197 of the Planning and Construction Law), expropriations and procedures related to demolition orders.

Inheritance and Estate Administration

The office handles requests for receiving inheritance orders, will maintenance orders, drafting wills, agreements between heirs, and managing estates.

Real Estate Taxation

The firm deals with tax planning and accompaniment in a variety of transactions, preliminary inspections/obtaining early approvals, providing expert opinions, preparing reports and representation before the tax authorities, objections, appeals committees and courts.

Combination Transactions

The firm represents many landowners and contractors in various combination agreements, and provides professional and comprehensive legal guidance from the negotiation stage to the completion of the project.

Purchase Groups, Buyer Groups and Land Sharing Agreements

The firm provides comprehensive legal assistance to a purchasing group/buyers while safeguarding the interests of the group members, in order to enable the success of the project, assists in drawing up a sharing agreement between the group members, handling and representing the buyers in the purchase agreement, providing legal support during planning procedures, preparing of contractual agreements In front of service providers/professionals/executive contractors, providing ongoing legal advice to the group’s representative office, reviewing and formulating the bank agreements and handling registration operations.

Prominent Projects in Urban Renewal

• 8 Kakal St., Herzliya
• 36-38 Zohar St., Tel Aviv
• 3, 3a and 3b Kedma St., Ramat Gan
• 14-16 Berdichevsky St., Givatayim
• 45 Jabotinsky St, Tel Aviv
• 40 Negba St., Ramat Gan
• 1-3 Hibat Zion St, 131-135 Ben Gurion St.,
Ramat Gan
• 28 Abba Hillel St., Ramat Gan
• 17 Wiesel St., Tel Aviv
• 20 Wiesel St., Tel Aviv
• 8-10 HaBashan St., Tel Aviv
• 1 Laib Yaffe St., Herzliya
• 14 Ben Gurion St., Tel Aviv
• 6, 8 and 10 Marzuk St., Herzliya
• 13 Salomon St., Netanya
• Sheshet Hayamim-Geler-Agron complex, Kfar Saba.