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Construction Mascot Towers

🏚 Christmas Present for Mascot Towers Retailers Allowed to Remain Open

Retailers in Mascot Towers have been given a Christmas present as they are now allowed to remain open during the festive season.

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Mascot Towers

Mascot Towers Owers Consider Entire Building Sale

Mascot Towers Owners are considering the sale of the entire building.

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Construction

Mascot Towers $53 Million Repair Bill

The Mascot Towers repair bill has grown to $53 million.

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Mascot Towers

New Cracks at Mascot Towers

#MascotTowers #Defects #HeiseSays New cracks have been discovered at Mascot Towers. References https://www.abc.net.au/news/2019-10-15/mascot-towers-warnings-of-structural-failure/11604326

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Economy Mascot Towers

Mascot Towers Difficult Choice

#MascotTowers #Construction #Economy #HeiseSays Owners of the troubled Mascot Towers are facing a potential bankruptcy over a difficult funding decision. References Mascot Towers residents given two ‘very bad’ options after building failure https://www.smh.com.au/national/nsw/mascot-towers-residents-given-two-very-bad-options-after-building-failure-20191009-p52z0e.html

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Construction Mascot Towers

Mascot Towers Owners Can’t Pay

#Mascot #Construction #Repair Over a third of Mascot Towers Owners cannot afford their $60k repair bill and because of thermal loading on the building in summer, time is running out. Should the state government step in and help these people or is this an example of Caveat Emptor? References Many Mascot Towers owners can’t pay […]

Categories
Construction Economy

Apartment Demand Crashes

#Development #Apartments #Australia Developers are admitting that demand for Apartments is waining as buyer become warier following recent defect issues in the media. References Australia’s top developers acknowledge impact on potential buyers after Opal, Mascot Towers apartment defect news https://www.domain.com.au/news/australias-top-developers-acknowledge-impact-on-potential-buyers-after-opal-mascot-towers-apartment-defect-news-869967/

Categories
Construction Mascot Towers

$10 Million Mascot Towers Repair Bill

#MascotTowers #Construction #Repair The Mascot Tower Repair bill is now estimated to be between $10,000,000 and $20,000,000. This means that unit owners may be required to pay up to $100,000 each in an environment in which the banks won’t lend to them. We need to start thinking about alternative approaches and solutions to the issues […]