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Jeffrey Levine Honored At Israel Bonds Luncheon; $35 Million Raised

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In a profound display of solidarity and support for the people of Israel at this most critical and challenging time, more than $35 million in bond purchases were made at the annual luncheon of the Real Estate and Construction Division of Israel Bonds. Held at the Pierre Hotel in Manhattan, this year’s luncheon honored leading New York builder and developer Jeffrey E. Levine, the Chairman of Douglaston Development and Levine Builders.

Attended by more than 400 leaders of the New York real estate industry, Mr. Levine was cited for his industry and civic leadership. For over 30 years, Jeffrey Levine has directed the new construction or rehabilitation of thousands of residential units, and built or renovated millions of square feet of commercial space. His significant track record, coupled with his experience as a senior level executive, gives Mr. Levine’s projects the benefit of his expertise in all areas from acquisition to financing, construction, marketing and management.

In addition to the active role he plays as a major contributor and fundraiser for Israel Bonds, Mr. Levine is currently a board member of the Jewish Community Relations Council (JCRC) of New York and a is past President of the Jewish National Fund’s (JNF) Greater New York Board.

Luncheon chairmen Arnold Penner , Gary Jacob, Peter S.Kalikow, Harry Macklowe and Burton P. Resnick also paid tribute to long-time Israel Bonds professional Richard Burg with the Israel Bonds Lifetime Achievement Award for more than three decades of successful work with the Real Estate Division.

The Development Corporation for Israel/Israel Bonds ranks among Israel’s most valued economic and strategic resources, with a record of proven success spanning more than six decades. Praised for consistency and dependability, the Bonds organization has helped build every sector of Israel’s economy. Worldwide sales since the first bonds were issued in 1951 have exceeded $34 billion.

Also delivering remarks at the luncheon was special guest speaker, Ido Aharoni, Consul-General of Israel in New York. Speaking of the recent United Nations vote that accorded the Palestinians on the West Bank with “non-member observer statehood, Mr. Aharoni declared, “No UN action or Palestinian maneuver can substitute for honest, direct peace negotiations, which Israel has repeatedly offered,” Praising the vital role that Israel Bonds plays in bolstering the security and wellbeing of Israel, Mr. Aharoni that these investments “support Israel’s economy is every conceivable way possible.”

Israel Bonds President and CEO Izzy Tapoohi stressed the reliability and soundness of Israel bonds investments and pointed out that had Greece and Spain, for example, had similar programs in place their economic situation today would be far less dire.

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