HaModiah 11-04-10
Hershey Friedman of Montreal, Canada, a leading Torah supporter in Eretz Yisrael, purchased the Arza site in Motza, which more than 100 years ago, attracted the elite of the Zionist movement, who saw it as an alternative to chareidi Jerusalem.
Friedman owns Polystar Group in Canada, which turns over $2.5 billion a year. It plans to develop the site into one of the most exclusve residential projects in israel.
He paid 150 million shekels for the 55 dunams. There are going to be 218 three-story garden apartments.
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