The El-Ad Group is an Israel-based American real estate development company. The group controls many subsidiaries including Elad Properties, which is based in New York City, Elad Florida and El-Ad Canada, which is based in Toronto, Ontario. Collectively, the El-Ad Group owns many landmarks across North America, including the historic Plaza Hotel, The Grand Madison and the Metropolitan Life Insurance Company Tower in New York City. The El-Ad Group is owned by Yitzhak Tshuva, an Israeli businessman. In May 2007, Elad Properties purchased the New Frontier Hotel and Casino in Las Vegas, Nevada for $1.2 billion. The project went bankrupt, and was halted indefinitely. More information...
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