I never knew this graceful building was there, just across the street from the ruins of the old Schneller Compound.
Turns out that it is a retirement center.
In case you want to sign up for an apartment there, see this review or the official website of Beit Tovei Ha'ir. I don't even want to think what it must cost every month.
The six-storey complex has 220 units in various sizes. Each apartment has a balcony. Great views of Jerusalem all around.
Don't you love arches? They add a softening touch to a city built all in Jerusalem stone.