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Joseph Reichmann, of the Canadian Reichmann family, owners of IPC Jerusalem Ltd, is  seen at the construction site of what once used to be the Palace Hotel in the center of Jerusalem, June 7, 2009. IPC Jerusalem Ltd partnered with the Waldorf-Astoria brand in the funding for the extensive renovations of the hotel, which was originally built in 1929. The renovation program is to completely rebuild the interior of the building, while preserving its historic facade of intricate stone carvings and decorative arches. Photo By: Tess Scheflan / JINI
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Joseph Reichmann, of the Canadian Reichmann family, owners of IPC Jerusalem Ltd, is seen at the construction site of what once used to be the Palace Hotel in the center of Jerusalem, June 7, 2009. IPC Jerusalem Ltd partnered with the Waldorf-Astoria brand in the funding for the extensive renovations of the hotel, which was originally built in 1929. The renovation program is to completely rebuild the interior of the building, while preserving its historic facade of intricate stone carvings...
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