Was developer Antoine Bechara outgunned?
Related article:
Dating back to 2007 … he first made his name during a high-rise boom in Burwood in the 1990s, has made millions of dollars turning suburbs into apartment buildings …
Read more:
https://caanhousinginequalitywithaussieslockedout.com/2020/01/21/how-to-do-business-his-way/
Burwood developer loses bid to stop rival’s 25-storey tower
Colourful property developer Antoine Bechara has lost his court fight to stop a ritzy $40 million 25-storey tower block being built in Burwood by a rival developer.
Janet Fife-Yeomans, The Daily TelegraphSubscriber only|March 5, 2020 5:43pmClosePlayLoaded: 62.45%Current Time 0:00/Duration 0:48Fullscreen
‘Colourful property developer Antoine Bechara has lost his court fight to stop a ritzy $40 million 25-storey tower block being built in Burwood by a rival developer.
Mr Bechara, whose family trust owns three blocks of land adjacent to the development, had argued through his company Omaya Investments that the tower block was illegal and did not have planning approval.
After a hotly-contested trial, the Land and Environment Court has today rejected his arguments and ruled that builders Maroun and Mark Taouk can go ahead with the tower, which is in a prized position close to Burwood Railway Station.’
-Mr Bechara is a prolific builder; including Strathfield’s Golden Triangle
-three red brick homes next to the Burwood block are owned through the Bechara Family Trust
‘Justice Sandra Duggan has rejected his arguments against the Taouk brothers’ companies Dean Street Holdings and TMQ Design & Construct, which are developing the showpiece tower.’
DESPITE the revelations about ‘Design and Construct’ from the Four Corners program, ‘Cracking Up’ … and the trauma caused to home owners, a consequence of this model which is at the core of the residential apartment development defects issue Justice Duggan in her judgement said she rejected Mr Bechara’s claims that Maroun Taouk was not a ‘witness of truth’.
The Burwood construction site.
‘She said the Taouk’s companies did not have development consent to build the concrete base for a crane on land they owned next to the tower block but accepted their undertakings that they would not use it to swing a jib and would remove it after the tower block was finished and was issued with an occupation certificate.’
Then her Honour ordered Omaya Investments pay the costs for the trial!
What could possibly emerge from this?
MEANWHILE it seems there’s no stopping developers because the proposed NSW Government reforms to building certification will let dodgy developers off the hook!
COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT! 