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Opal Tower

Opal Tower Owner’s Class Action

#OpalTower #Construction #ClassAction The owner’s of Opal Tower have launched a class-action lawsuit against the Sydney Olympic Park Authority (SOPA). This case will certainly be an interesting precedent, particularly if the government pursues cross-claims. References Opal Tower unit owners launch multi-million-dollar class action against NSW State Government https://www.abc.net.au/news/2019-07-29/opal-tower-class-action-suit-by-owners-sydney-olympic-park/11354562

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Construction

Mascot Towers Owners Face Bankruptcy

#MascotTowers #Construction #Evacuated As Owners of Mascot Towers face bankruptcy because they might have to wait a year to access their apartments, it has been revealed that the owner’s corporation had previously accepted $750k in 2015 from the builder to waive any responsibility for ongoing defects. If you bought an apartment in Mascot a couple […]

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Construction

Is Mascot Towers Sinking?

#MascotTowers #Construction #Evacuated The media is reporting that the Mascot Towers is sinking on the northern and eastern elevations. Let’s look at the neighbouring building to get a better understanding of the situation. Engineers record alarming downward shift at Mascot Towers https://www.theaustralian.com.au/nation/engineers-record-alarming-downward-shift-at-mascot-towers/news-story/b23d2d0c32962c5fb0441575525b9a68 Mascot Towers ‘moving downward’ according to engineer https://www.news.com.au/national/nsw-act/news/mascot-towers-moving-downward-according-to-engineer/news-story/a6350a5320f15912d1012b5c5195fe1d Olsson and Associates https://www.planningpanels.nsw.gov.au/DevelopmentandPlanningRegister/tabid/62/language/en-AU/Default.aspx

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Construction

Were the Mascot Tower Cracks Known and Ignored?

#MascotTowers #Construction #Evacuated Comments have been left online critical of the Mascot Tower Strata committee claiming that previously reported cracking was not addressed. While I don’t envy anyone still on a strata committee, does this sector also need to be looked at are reviewed? Perhaps with independent professional required to advise or take part in […]

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Construction

Mascot Towers Unit Price Plunge

#MascotTowers #Construction #Evacuated Units at the troubled Mascot Towers have now crashed in price, with real estate agents recommending pulling properties from the market until the extent of repair work is determined. My Kit Rodes Podcaster – https://amzn.to/2IfOEVV Logitech C920 HD Webcam – https://amzn.to/2Kh6UR5 Rode PSA1 Swivel Mount – https://amzn.to/2WI2DNl Read More: Why Buildings Stand […]

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Construction

Mascot Owners to Pay

#MascotTowers #Construction #Evacuated Owners of units in Mascot Towers will liable for any repair work because the building is outside of its warranty period. With people calling for yearly inspections or buyers to be more diligent, I would argue that procurement methods and privatizing the certification industry are to blame. References Mascot Towers unit owners […]

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Construction

Mascot Tower Evacuated

#MascotTowers #Construction #Evacuated Mascot Towers in Sydney have been evacuated due to movement and large structural cracking. Another significant construction issues in a building just ten years old. My Kit Rodes Podcaster – https://amzn.to/2IfOEVV Logitech C920 HD Webcam – https://amzn.to/2Kh6UR5 Rode PSA1 Swivel Mount – https://amzn.to/2WI2DNl Read More: Why Buildings Stand Up https://amzn.to/2stNb5O Why Buildings […]

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Political Commentary

Opal Residents are still waiting

#OpalTower #Construction #Australia Opal Tower Residents are still waiting to access the homes, with over half of the buildings dwellings still uninhabitable since Christmas. While we need to look at legislation and regulation the best advice for consumers would be to not buy off the plan and wait. Don’t pre-purchase your home. HeiseSays Video’s Reference […]

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Construction

Elizabeth Quay towers defects fiasco

#ElizabethQuayTower #Defects #Construction The luxury Elizabeth Quay Tower in Perth is plagued with defects with one $2million apartment having 200 alone. While Mark Gibson tries to make a tenuous link to Opal Tower this is more a lesson of the dangers associated with buying off the plan and residential tower developer. A premium price does […]

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Construction

Opal Tower Still Empty and Australian’s off the Sirius Tender

#Opal #Sirius #Tender Process Today we look at the 169 apartments empty Apartments in Opal Tower. Then we look at the tender process for the development of the $500 million Sirius public housing block in NSW. Why are there no Australian backed groups? Wouldn’t the multiplier effect be greater if the funding for the project […]