Under construction German Colony · Jerusalem
New construction · Rassco, Jerusalem
Horkanya St 22, Rassco, Jerusalem הורקניה 22
Boutique new construction in Rassco, Jerusalem by Krasny: 19 new apartments with 3 to 4 bedrooms and penthouses, from ₪3.99 million. Move-in early 2028.
Information last updated October 2026.
Horkanya 22 is a boutique TAMA 38 project in Rassco, a quiet, established family neighborhood in central-south Jerusalem. The existing four-story building is being fully reinforced and renovated, and three new floors with 19 new apartments are being added on top, for 43 homes in total. It’s developed by Krasny Development & Construction, a Jerusalem family company with more than 70 years in the business, and designed by Peri Hamam of Tama Architects.
The new apartments have 3 and 4 bedrooms, and the top floors include penthouses, so it suits families. Every apartment gets its own parking space, which isn’t a given in this part of the city, and the building gets a redesigned lobby and a new elevator.
Rassco sits between Old Katamon, Kiryat Shmuel and the Gonenim area. It’s greener and calmer than the Colonies, with good schools, parks and synagogues close by and the light rail within walking distance. Begin Boulevard and Route 16 make it easy to get in and out of the city.
Prices start at ₪3.99 million for a 3-bedroom apartment, and the developer offers a 20/80 payment plan with pre-sale pricing. The project is still in the planning and permit stage, so early buyers get the best prices but should expect the timeline to move. We’ll compare the price list with recent sales nearby and walk you through the terms before you sign.
Prices start at ₪3.99 million for a 3-bedroom apartment. Contact us for penthouse prices and the full price list.
It's a TAMA 38 project: the existing four-story building is fully reinforced and renovated, and three new floors with 19 new apartments are built on top. Buyers of the new apartments get a new home in an upgraded building.
The developer's current estimate is early 2028. The project is still in the planning and permit stage, so we'll confirm the timeline before you commit.
Images, plans and details are provided by the developer, are for illustration only and may change. Prices are indicative and subject to availability. Sandstone represents buyers and is not the developer's sales agent.