Joseph Levy, philanthropist and one of the leading clothing manufacturers in the United States, and the Palestine Economic Corporation, have formed a partnership to construct and manage the first U.S.-sponsored office building in Tel Aviv, it was announced here today.
A member of the board of directors of the P.E.C., and long active in the United Jewish Appeal and other Jewish philanthropies, Mr. Levy will retain a 75 percent interest in the building, which will cost approximately $500,000 to construct. The P.E.C, will invest the remaining 25 percent in the project. Mr. Levy is scheduled to fly to Israel on Tuesday.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
