Company for the Reconstruction and Development of the Jewish Quarter

Arab non-Jews living in the Jewish Quarter were removed from the area under eminent domain for financial compensation, with many moving to Abu Dis, a Palestinian town in the Jerusalem Governorate.

Muhammed Sa'id Burqan, an Arab evicted from his home who moved to Beit Hanina, petitioned the Supreme Court of Israel to gain rights to his past property back, and was rejected by decision of Haim Cohn, who stated:The need to restore the Jewish Quarter arose only because the Jordanian army invaded it and expelled the Jews, robbed them of their property, and destroyed their homes.

Since the early 1990s, the company has mainly focused on maintenance within the quarter, including cleaning and preservation of preexisting structures, as well as management and development of archaeological sites.

[6] In 2000, it was revealed in an exposé by Globes that in July 1999, the company had sold part of the Western Wall Plaza to "Ezrat Menachem" association.

[7] The stated association was the only organization to put in a bid for the land, and according to the contract signed, they were entitled to build a large visitor center in the plaza, which would also serve as a Beit midrash and a private venue hall.

Israeli Land Administration Director General Avi Drechsler fought to cancel the deal, arguing that it deviated from the mission of the organization, which was to preserve it as a national, religious, historical, and cultural site.

He argued that selling government assets to third parties for profit violated the purpose of the company, and his position was accepted by the legal office of the then-Prime Minister, Ehud Barak, who put a freeze on the proceedings for the deal's implementation.

After a long lawsuit with Society for the Protection of Nature in Israel, which feared destruction of archaeological sites and damage to the walls of the Old City, the original plan was scrapped.

[10] In November 2004, the company's board of directors approved a plan to build a multi-level underground parking lot of 18,000 square meters, which would include a combined mix of residential and commercial areas, although the project never came to fruition.

[12] The company engaged in a project for the restoration of the Hurva Synagogue, which was built at the beginning of the 18th century and served as a center of religious activities for the Jews in Eretz Yisrael during the Ottoman Period of occupation.

In the area of residential buildings outside the lind of the old city wall, there lie the remains of the church, which contained retaining vaults, which are divided into six tall, plastered halls that rest on massive pillars.

[14] There have been multiple calls by organizations to reopen the site due to its historical and cultural significance, such as by Emek Shaveh, an Israeli archaeology NGO.

4 years later, the chairman of the State Audit Committee asked Prime Minister Ariel Sharon to deal with the merger implementation proposed by the Knesset, although their request was never fulfilled.

— Meeting of the State Audit Committee - Wednesday, October 28, 2009, remarks by Chairman MK Otniel Schneller[19]As of January 2024, the company is still in operation and has not moved forth with any of the dissolutions proposed by various departments of the government of Israel.

The Rothschild House at Batei Mahse , the current headquarters of the company