Nof Zion is an apartment complex built on privately owned land bought by an Israeli developer over several years. The Supreme Court of Israel rejected an appeal from local Arab residents who had claimed some of the land belonged to them. Upon completion, the neighborhood is planned to include 480 apartments.
In 2011, the Palestinian American businessman Bashar Masri offered to buy the remaining lands from the struggling Israeli company Digal Investments and Holdings, aiming to convert the neighborhood into a development for Arab families. At the time, Digal had built about 90 of the 400 planned religious-only apartments but slow sales resulted in debt problems. Masri planned to sell the remaining units to Palestinians who he said "face serious housing shortage due to discriminatory Israeli policies." The Los Angeles Times reported that Masri's 36 million US dollar offer was rejected after pressure from right-wing Jewish groups. An unspecified offer from Israeli businessman Rami Levy was accepted.
- "Real Estate Shopping Is Used as Political Theater on Jerusalem's Contested Ground". The New York Times. 18 November 2009.
- Settlements and National Parks
- Foundation laid for expanded East Jerusalem settlement
- Abe Selig. Cornerstone laid in e. Jerusalem's Nof Zion. Jerusalem Post.
- "The Geneva Convention". BBC. 10 December 2009. Retrieved 27 November 2010.
- Nof Zion faces upheaval after bank rejects debt repayment. Jerusalem Post
- "East Jerusalem housing project will stay Jewish-only". The Los Angeles Times. 12 January 2011. Archived from the original on January 16, 2011.