Sunday, August 14, 2005

Rabbi Pinto Blesses The Top Jew Landlords Of New Palestine ( a.k.a. New York)

A recent article in the Israeli newspaper Haaretz, gives us a closer look at just who it is that is responsible for New York's super-inflated real estate market, where a tiny studio in the negrified outskirts rents for over one thousand dollars a month, and a one bedroom downtown rents for twice as much:

On a hot and humid Manhattan summer night, some 70 businessmen were on the balcony of developer Ofer Yardeni's large penthouse in the Ritz Plaza building for a most unusual encounter.

The guest was Rabbi Yoshiyahu Pinto of Ashdod. Yardeni invited prominent Jewish American businessmen active in real estate, most not religious, to hear a Torah lesson and receive a blessing from the rabbi....

Pinto, who is very popular in Israel among politicians and other public figures, and who is also well known as an arbitrator among criminals, is seen as someone with almost magical powers....

The rabbi is also said to be close to another real estate baron who has become a dominant player in New York - Yitzhak Tshuva. Pinto was the man who affixed the mezuzah on the doorpost of the Plaza Hotel.

Tshuva did not attend Yardeni's event, nor did the cream of the cream - the members of the Zackendorf and Rose families. However, many of those in attendance were in the top two or three percent of the real estate industry - and that too is very high up indeed.


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