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Real Estate


He bears the yoke with his associate, and inclines him to the scale of merit

(Pirke Avot 6.6)

The Alexandria Community sold most of its synagogues to meet the health and care needs of its ageing members, but has kept some rented property, bequeathed to it. Other buildings, such as the Jewish Hospital or the schools, have been let to the authorities on long leases, whilst the commercial buildings have been retained. This generates a regular source of income which is used to pay the numerous employees, the maintenance of the community’s assets, as well as the medical care and accommodation of some in old peoples’ homes.

The Community employs, amongst others, 8 “baouabs” (porters) which could imply the same number of buildings. The liberalisation of commercial rents and “key money” has provided some financial relief.

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Image© Digital Globe & © Google Earth

The Nebi Daniel Street cuts through the word “Digital”. The Eliahou Hanabi synagogue, garden and Community school are above the word “Globe”. The Mazarita cemetery is top right of the picture, left of the roundabout.

We are not informed about the status of real estate assets in Cairo.

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To sum up, we believe that it is urgent to place the management of this heritage under the auspices of a dedicated and internationally recognised foundation; financing, under regular audit, would be generated by rental income locally and charitable gifts. Spending would be transparent. The objectives of the foundation would be the restoration, maintenance and management of the entire assets and heritage: synagogues, cemeteries, and real estate; they could be extended to a museum, studies and research. Consolidation of the assets of both communities could also be envisaged.

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The preservation and continuous management, in accordance with Jewish traditions, of the religious and cultural heritage, the financial and real-estate assets and the civil and religious registers of the Jewish Community of Alexandria and, by extension, the Jewish Community of Egypt.