Articles & Publishes
The New Method of Conflict Resolution in Urban Renewal
In recent years, urban renewal has become the future and the growth engine of the real estate sector in Israel, the main goal of urban renewal is to improve infrastructure and strengthen buildings. Due to their long nature, the multiplicity of parties involved (authorities, apartment owners, developers, contractors, etc.) and the inherent conflict of interest – disagreements and conflicts are common.
In recent years, the scope of disputes in the field of urban renewal conducted in the courts has increased, which imposes many costs on the parties involved and may even harm the economic feasibility of the project.
In response to disputes in this field, our firm offers dispute resolution management by means of mediation or arbitration proceedings through Adv. Avi Ben Yaakov, a mediator and arbitrator on behalf of the Israeli Institute of Business Arbitration. Adv. Avi Ben Yaacov has unique knowledge and experience in the field of real estate and urban renewal, and is the head of our real estate department. Mediation and arbitration procedures have a great advantage and constitute an alternative procedure for resolving the dispute through the court. These proceedings are usually conducted quickly, while providing an agreed-upon and creative response and at low costs to the parties.