It was recently reported that the owners of the 328 apartments in Melbourne’s Lacrosse tower are facing an estimated $10.7 million to replace dangerous flammable cladding. These owners have also lost around $1 million in rent and emergency accommodation costs, and over $500,000 in insurance premium hikes.
Now, Sydney apartment owners are also being stung by millions in costs and are embroiled in legal battles to replace dangerous flammable cladding. From News.co.au:
