The Merkaz Hamagshimim Price: $9 million
from The Jerusalem Post:
The Hadassah Women’s Organization has sold its Jerusalem-based Merkaz Hamagshimim, an educational and communal facility that has provided a first home to hundreds of new immigrants arriving from English-speaking countries since the mid-1990s, it was reported by e-Jewish Philanthropy on the Internet Tuesday.
The center, which sold for close to $9 million, is located in the capital’s trendy Emek Refaim neighborhood and houses more than 20 single-room apartments, an English-speaking theater and a community hall, used for a wide variety of events.
Hadassah spokeswoman Barbara Sofer confirmed to The Jerusalem Post that Merkaz Hamagshimim had indeed been sold, but refused to comment on the buyer and was reluctant to discuss how such a loss will impact the Anglo community in Jerusalem.