What happens when an entire neighborhood is entering a process of urban renewal by "Raze and Rebuild" ?

We visited Neve Sharet, an aging neighborhood in north Tel Aviv, where recently populated building stand next to old building waiting for renovation. The title the neighbourhood's tour was, adequatly:  "urban renewal lab' , as we were taken around by two voices: on the one hand, an urban planner from the municipal planning department:  Tamir Kehila; and on the other hand, with him, the local resident's council chairperson: Ami Sofer.