Sydney Mascot Towers Owners to Consider Selling

Sydney Mascot Towers Owners to Consider Selling
TOPSHOT - A woman walkway between buildings in the central business district of Sydney on September 12, 2016. PETER PARKS/AFP via Getty Images
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Owners of Sydney’s troubled Mascot Towers apartment will be asked to look at selling up after an almost $4 million increase in costs to fix the apartment complex.

Plans are under way for an extraordinary general meeting where apartment owners will be asked to consider selling the complex or changing its function following an escalation in remediation costs, a statement from the Mascot Towers owners corporation says.