Charles R. Bendit and Paul E. Pariser co-chief executive officers at Taconic Investment Partners LLC, were co-honorees at the Israel Bonds Annual Real Estate industry event.
They were awarded the Israel Peace Medal. Attended by 500 people, the event saw over $50 million in Israel Bonds investments made by the participants, both for their personal and company portfolios.
This has been a record breaking year for Israel Bonds with more than $1 billion invested in the US alone year-to-date, over $200 million of that total coming from the New York region.
The New York Real Estate Division accounts for a substantial percentage of that vote of confidence in the State of Israel and its economic growth.
Development Corporation for Israel, commonly known as Israel Bonds, was established in 1951 and is the broker-dealer and underwriter for securities — Israel Bonds — issued by the state of Israel in the United States.
Worldwide sales have averaged over $1.2 billion annually for the past decade and are included in the portfolios of a diverse array of investors.
Since its launch, the Israel Bonds organization has achieved over $34 billion in total worldwide sales and has been, and continues to be a strategic asset for Israel’s economy.
Izzy Tapoohi, president and CEO of Israel Bonds spoke of Israel’s innovations in water desalinization which will not only allow Israel to be totally self-sufficient with water, but will enable Israel to supply water to neighboring countries in the arid Middle East.
New drilling technologies and a massive find of natural gas off shore in the Mediterranean will make Israel self-reliant on natural gas for at least the next fifty years.