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On the sign:
סמל העיר תל אביב בבית זה חי השחקן ארי ורשבר מראשוני תאטרון הבימה וממנהליו תרנ"ח-תשכ"ט 1898-1969
OF THE HABIMA THE PIONEERS OF THE HABIMA THEATER THE ACTOR AND HABIMA MANAGER ARI WARSCHAWER LIVED IN THIS HOUSE
The sign is on the wall of the house where Ari Warschawer lived - a theater actor, born in Russia, joined the "Habima" theater in Moscow in 1920. In Israel he was an actor in the "Habima" theater and one of its managers.
The house where he lived was part of the workers’ dormitories, buildings built at the initiative of the Histadrut, built in the international style and inhabited by Histadrut activists and artists
Note that in the English text the first two lines are superfluous, and even written in the wrong grammatical form
The following photo taken on the same day shows the location of the sign and the building Click for a larger image