Owners of apartments in the Mascot Tower, which was evacuated in mid-June after experiencing severe cracking, claim they are facing bankruptcy because they cannot afford to pay a special levy to fund remediation works, and are demanding a ‘bail-out’ from NSW taxpayers:
The Berejiklian government has accused evacuated Mascot Towers residents of devising a “deliberate strategy” to force the state into paying for critical remediation work on the cracked building…
Owners need to start paying special levies of between $5000 and $14,000 a month for the next nine months to ensure the apartment block can be stabilised before summer.