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Labor Party HQ in Givatayim Sold for NIS 8 Million
Reported: 12:00 PM - Nov/23/09
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(IsraelNN.com) The Labor Party's headquarters in the city of Givatayim has sold to a group of investors for NIS 8 million. The building was known as Beit Mendelblatt after its donors.
In recent months, the Beit Arlozorov company has begun selling off many of the Labor Party’s assets to cover the party’s large debts. Meanwhile, recent polls show the Labor party dropping in support from its current 12 Knesset seats to only 6.
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