Bill of up to €30m proposed for apartment owners at Beacon South Quarter
Fine Gael TD for Dublin Rathdown, Josepha Madigan has expressed deep concern over a proposal to charge apartment owners up to €30 million at Beacon South Quarter in Sandyford, due to poor planning at the time of construction.
“I have learned that apartment owners in Beacon South Quarter are to be presented with a bill of €20-30 million at an AGM on Monday, 6th of February 2017. The costs arise from a failure to provide to sufficient water ingress and fire safety structures in the original construction of the residential development in Sandyford, south Dublin.
“Over the weekend I was contacted by a number of concerned residents of the Beacon South Quarter apartments. They are being presented with astronomical charges to rectify structural issues affecting the homes that they purchased.
“These homes were purchased in good faith by many people at inflated Celtic Tiger prices. They are now being asked to pick up the tab for poor planning that failed to adequately provide for water ingress or fire safety.
“I have contacted Dún Laoghaire-Rathdown County Council and the Minister for Housing, Planning, Community and Local Government, Simon Coveney, in relation to this.
“We must arrive at a solution that does not unfairly penalise residents for the poor planning of others. A deal similar to those struck in similar instances for residents of Priory Hall and Longboat Quay should now be considered in order to protect the apartment owners at Beacon South Quarter.”