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"Mascot Towers"

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'Expect action': Developers, builders warned as watchdog's new powers come into force

With trust shaken by the Opal and Mascot towers sagas, the NSW Building Commissioner said the new laws would provide confidence for prospective buyers.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Mascot Towers owners seek $15m from developer of neighbouring building

The state's consumer watchdog is also investigating the certification of the apartment building next to the cracked Mascot Towers.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Mascot Towers owners flag interest in sale of entire building

Some owners who lost their jobs during the coronavirus lockdown face major financial difficulties.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

'Stimulus without safety net': Call for building reform bill to be put on table

The opposition claims the government risks a repeat of the Opal and Mascot towers debacles if proposed reforms are not put back before the upper house.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Mascot Towers owners to consider selling after costs skyrocket by $10 million

Remediation works were initially forecast to be between $12 million and $20 million, but have now skyrocketed by an additional $10 million.
Sydney Morning Herald - Published Also reported by •The Age

Cracks reported in brick facade of Mascot Towers as shops evacuated

Fire and Rescue were called to the apartment block just after 10pm on Thursday after reports of the cracking.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Mascot Towers owners claim 'loss of soil' beneath cracked building

New tests have detected a drop in the "bearing capacity of soils" close to where cracks first emerged in the troubled building, apartment owners say.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Urgent works bill for cracked Sydney towers

Owners in Sydney's cracked Mascot Towers face a new $1 million bill months after agreeing to stump up $7.7 million to restore their decade-old building.
SBS - Published

'Worse than previously assumed': Mascot Towers at risk of 'structural failure' as new cracks emerge

Urgent remediation works are required to prevent "structural failure" at the Mascot Towers building in Sydney's south, residents are being told.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Mascot Towers residents given two 'very bad' options after building failure

Faced with a multimillion-dollar special levy or a $20m commercial strata loan, Mascot Tower residents say bankruptcy is a real possibility.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

'Absolutely gutting': Mascot Towers owners slam minister's claims

Better Regulation Minister Kevin Anderson suggested displaced residents had devised a scheme to secure taxpayers' money.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

'Gut wrenching': Mascot Towers owners say they face bankruptcy

Residents fear bankruptcy as they face paying between $5000 to $14,000 a month to start urgent remediation work.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

'No one will loan me money': Mascot Towers owners can't afford to pay levy

Desperate owners are struggling to secure funding for remedial works and have pleaded the NSW building and regulation minister for financial help.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Make builders and designers liable for flat defects - it works overseas

The law makes unit buyers liable for the faulty work of others. To prevent another Mascot Towers fiasco, hand liability back to those who can manage the risk.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe Age

Green light for $7m Mascot Towers repairs

Mascot Towers owners have passed a motion at an extraordinary general meeting to pay a $7 million levy plus GST to fund remediation work on the cracked complex.
SBS - Published

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