The campaign to demerge councils is about shifting power back to residents and away from developers, the biggest beneficiaries of the forced amalgamations argues Pip Hinman.
Advertisement
Owners of Sydneyâs beleaguered Mascot Towers will thrash out their options on Thursday night to try to resolve the long-running stand-off over the empty apartment building, including the possibility of selling the tower.
Almost two years after the building was evacuated, owners will meet at The Juniors Club in Maroubra to discuss their limited options, ahead of an extraordinary general meeting in about two weeks when owners will vote on the preferred outcome.
Almost two years after the building was evacuated, owners will meet to discuss a possible collective sale of the tower.
Credit:Janie Barrett
Many remain doubtful that a motion for a collective sale of the building will receive the required support of 100 per cent of owners. The possibility of selling the 132-unit block in Sydneyâs south was first raised in May last year.
Mascot Tower owners take step towards collective sale almost two years since evacuated brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.