4 JULY 2019 Stephen Goddard, OCN - interview starts 20 mins and 45 seconds into the Breakfast Show. > Listen to the full interview at 2DayFM Stephen Goddard
3 JULY 2019 Sydney Mascot Tower owners have started crowdfunding to raise money after an owners' meeting on Thursday elected to raise a special levy of $1.1 million to fix the defective building. The Owners Corporation Network agrees it is time for governments to look at better consumer protections for homebuyers. Strata management also needs another look-in while homebuyers, particularly the growing number of apartment owners, need to continue take an [...]
03 JULY 2019 The Mascot Towers crisis is the second seismic shock delivered to the Sydney high-rise residential market in just six months, following the emergency evacuation of residents from the Opal Towers at Homebush on Christmas Eve. The Mascot Towers crisis is the second seismic shock delivered to the Sydney high-rise residential market in just six months, following the emergency evacuation of residents from the Opal Towers at Homebush on Christmas [...]
3 JULY 2019 A resident evacuated from a Sydney apartment complex is angry over what they say is an attempt to block them from bringing supporters and legal representatives to tonight's owners' meeting. One Mascot Towers apartment owner, who did not want to be identified, said she asked a colleague who is a lawyer to accompany her to the meeting, only to find out he was not welcome. On Tuesday, she [...]
3 JULY 2019 Building defects in the Opal Tower and Mascot Towers have cost residents financially and emotionally, but the Grenfell Tower disaster in London cost dozens of people their lives. However, a new report from Deakin University has revealed 97 per cent of apartment buildings in New South Wales, and 85 per cent across Australia have some form of structural defect. It follows studies by the University of New South [...]
3 JULY 2019 A controversy has erupted in Sydney where residents evacuated from the cracked Mascot Towers have been left homeless and told they'll have to foot the repair bill. Building defects in NSW are covered under manufacturer warranty for six years after construction. Following this, the burden of paying for all repairs falls to the owners. A controversy has erupted in Sydney where residents evacuated from the cracked Mascot Towers [...]
3 JULY 2019 The masonry at Mascot Towers isn't the only thing cracking in Sydney this week. The entire edifice of silence and self-interest which has encouraged government and the market to turn a blind eye to the true extent of building defects in new strata developments is crumbling. For 20 years, new residential strata schemes have been plagued with building defects. According to one estimate, 80 per cent of all [...]
3 JULY 2019 Owners of apartments in the Mascot Towers development will be left with a hefty bill to repair structural damage as the building is too old to fall under warranty, with property experts calling for better consumer protections. Residents were forced to evacuate the 10-storey Sydney building on Friday night after major cracks appeared in its beams. Temporary building props were installed in the carpark earlier in the week [...]
2 JULY 2019 Sydney residents were evacuated from their Mascot Towers homes in June after cracks appeared in their walls, in an incident that echoed Christmas Eve’s Opal Tower evacuation in Sydney’s Olympic Park area. The images of confused residents milling outside the troubled towers with pets and belongings in their arms have come to represent New South Wales’ high-rise housing crisis. Nearly all (97 per cent) of new high-rise apartment [...]
23 JUNE 2019 Just six months after Sydney’s Opal Tower was dramatically evacuated, another Sydney high-rise has been hit by potentially devastating cracks. And experts say the nightmare facing residents of Mascot Towers won’t be the last. According to Owners Corporation Network spokesman Stephen Goddard, these incidents could be just the tip of the iceberg. He said the problem was probably far greater than most people realised because many owners within faulty [...]
Owners Corporation Network
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