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Source: http://www.haaretz.com/hasen/spages/1158637.html
Jerusalem Planning Authority Okays Shepherd Hotel Plan
(Ha'aretz) Barak Ravid and Nir Hasson - The Jerusalem municipality has given final approval for the construction of 20 apartments next to the Shepherd Hotel in east Jerusalem. The hotel was purchased by an American Jew in 1985 for $1 million. The local planning council initially approved the plan in July, a move that angered Britain and the U.S. and prompted them to call on Israel to cancel the plans. The council issued its final approval for the project last Thursday. Prime Minister Netanyahu has reiterated that Israel reserves the right to build in east Jerusalem.