A controversial Sydney property developer who was the first to fall foul of NSWs laws to stamp out illegal sunset clawbacks has gone bust leaving the buyers of its latest apartments, already three years behind schedule, devastated in its wake.
Developer-builder Parker Logans apartment complex The Acre, that it began building in blue-chip Bellevue Hills Cooper Park on the site of its old bowling club and green, was embroiled in controversy since its start over density and roof heights.
But, intended to have been completed in March 2018, Its still going, said Carlo Fini, principal of Lewis & Charles Lawyers. Now we all believe the completion date of this job is somewhere in the never-never. The strata plan was registered last year, but…
Read the full article at: https://www.domain.com.au/news/sydney-developer-builder-parker-logan-goes-bust-1055249/
