Real Estate Holdings
Rafael Holdings’ real estate provides exposure to Newark, NJ’s fast-reviving commercial market and features a 20-story office building and adjacent garage – on a developable site. All Rafael Holdings properties are unencumbered by debt.
225 Old New
520 Broad Street
520 Broad Street located in Newark New Jersey is a 20 story commercial office building containing approximately 496,000 square feet. The property includes a detached 3 level public garage with additional surface parking containing over 800 parking spaces. The garage space totals approximately 3 acres. The building houses IDT’s worldwide headquarters.
5 Shlomo Halevi
5 Shlomo Halevi is located in the Har Hotzvim section of Jerusalem, Israel. Har Hotzvim is a high-tech industrial park and is the city’s main zone for science-based and technology companies. The asset is a condominium interest of approximately 12,400 square feet. The space is occupied by IDT and related parties.