Tel Aviv Real estate may turn into a bigger market than New York for ultra-Orthodox businessmen seeking capital. This week Tel Aviv investors learned of another bond offering here, of up to NIS 200 million, by Abraham Leser, owner of a real estate group.
His associates are quick to distance him from another ultra-Orthodox real estate tycoon: Shaya Boymelgreen. "He isn't like him at all, not colorful and not embroiled [in disputes] like him. He has no ego," said one of his friends.
