Electra City Tower
58 Harakevet St.
Tel Aviv
6777016
Alon Abcasis
Alon leads the Residential and Urban Renewal Department at our firm.
Adv. Alon Abcasis specializes in leading and managing complex real estate transactions in the fields of residential development and urban renewal. His expertise spans the initial stages of submitting proposals for project execution, preparing agreements with various project consultants, negotiating legal matters with rights-holders, and handling financing issues and banking support. He has unique expertise in guiding and advising large-scale projects, including those that combine hundreds of thousands of housing units, as well as projects with mixed-use elements.
Alon is among a select group of senior attorneys in the Israeli market, who have led the urban renewal sector in Israel for over a decade. He has broad expertise in representing apartment owners and developers in the strengthening and augmentation, demolition and reconstruction of apartment buildings, as well as in evacuation and construction projects.
In addition, Alon has extensive experience in managing complex combination transactions involving multiple owners and mixed uses, with a special focus on real estate transactions in high-demand areas.
Alon’s experience includes advising public and private real estate companies, including contractor companies, in numerous residential and urban renewal projects. He has successfully provided legal support in combination and sale transactions, from locating land and verifying rights to the final stages of occupancy.
In addition, Alon advises private landowners from the initial organization stage, through to the selection of developers via tenders, until project’s establishment stages and occupancy. Some of the projects he has worked on include unique mixed-use real estate projects combining residential and commercial spaces.
Alon represents developers and contractors in their ongoing business activities, including negotiations with contractors, and specializes in drafting luxury apartment sales agreements in the private market.
Moreover, Alon provides comprehensive legal guidance in all types of real estate transactions, including combination deals, sales, purchases, and complex lease agreements in office real estate. His legal services encompass the entire process, from property search and engagement, through planning and construction, to the occupancy stage.
Education:
College of Management Academic Studies, LL.B., 2010
Admission:
Israel Bar Association, 2012
Insights & News - Alon Abcasis:
Urban Renewal: Examination of Compensation Allocation Models in Pinui-Binui Projects Instead of Uniform 12 sqm Addition
Adv. Alon Abcasis of our firm was interviewed by Magdilim regarding a recent Tel Aviv District Court ruling on the common 12-square-meter bonus in pinui-binui (evacuation and reconstruction) projects. The court indicated that a proportional allocation model, reflecting each apartment owner’s share in building rights, may be considered instead of a uniform addition for all residents. Alon noted that the ruling does not amount to a sweeping change in law and remains open to interpretation, but it may influence future drafting of agreements and compensation models in urban renewal projects.
Globes: New Framework – Fast-Track Route for Urban Renewal Projects
Adv. Alon Abcasis from our firm was interviewed by Globes regarding a new framework recently introduced by the Planning Administration and the Government Authority for Urban Renewal, aimed at significantly shortening the approval processes for large-scale urban renewal (pinui-binui) projects. The framework is designed to streamline planning procedures and enhance economic certainty for developers through an integrated “roundtable” process involving both local and district planning committees. At the same time, Alon highlights the key challenges facing the initiative, noting that its success will largely depend on effective implementation by local authorities and the actual enforcement of regulatory timelines in practice.
Representing Guy Sal Group in Securing Approval for a New Residential Building
The Litigation and Real Estate Departments joined forces to represent Guy Sal Group in a complex co-ownership dissolution proceeding, during which the group had to assert its position as the winning bidder. The court accepted the group’s position, ruling that its proposal was the preferred one. Subsequently, the Ra’anana Planning and Building Committee granted approval for the construction of a new residential building in the Hameah neighborhood. The firm’s partners, Adv. Adi Shoham, Adv. Alon Abcasis, and Adv. Assaf Nahmias, have been supporting the group throughout the legal proceedings and the advancement of the planning and practical aspects of the project, and will continue to do so until its completion.