Developer Rick Martin’s $65 million Nautilus apartment complex in Orewa is suffering leaks, but the company behind its construction Brookfield Multiplex says it is not from the cladding.
Speaking to NZ Property Investor earlier this week, Brookfield Multiplex managing director Dan Ashby said he is not sure what the exact problem with the building is.
“People seem to be focussing on the cladding but it’s a very common building material that is used all over the country and the world,
“We don’t know [what has caused the leaks] because nobody’s bothered to inform us,” he said.
Property consulting company Prendos, which specialises in assessing leak damage, is investigating the effect and cost of water damage to the building. Part of its report was sent to Brookfield Multiplex managing director Dan Ashby in October 2008.
Mr Ashby said he offered to speak with the body corporate and developer but had had no response.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- NBR's veteran budget reporter Rob Hosking breaks down the key points
- AUT professor John Tookey says the government is far behind the curve when it comes to housing and Auckland transport
- BNZ's Craig Ebert on the Budget 2016 forecasts
- Grant Thornton's Greg Thompson on the Budget tax measures and the focus on debt repayment
- EY's David Snell says IRD's IT overhaul will be at the cost of about 1,000 jobs