[Sinn Fein]

5th June 2003

10 Families secure apartments in Ringsend despite developer greed

Local Sinn Fein Representative Daithí Doolan has welcomed the news that Dublin City Council has finalised the purchase of 10 apartments for local families under the `affordable housing scheme' in Ringsend. Todays announcement follows ongoing attempts by the developer, Zelda, to renege on the agreed price of Euro1.9million in an attempt to secure a much higher price of Euro2.9million from the Council.   Mr Doolan said:  

``I welcome the decison by Zelda Development to return to the original offer agreed before the apartment block was granted planning permission under Section 25 of the Planning Law. Dublin City Council were today notified by Dublin Dockland Development Authority of the good news and the residents will now be moving in within 3-4 weeks.  

``This is a massive relief to the 10 families who were literally left out in the cold because of private developers greed.  

``It was pressure from the residents and negative media coverage that caused Zelda to finally comply with an agreement reached with Dublin City Council. This is no way to approach the housing crisis in this city. Developers like Zelda cannot be allowed to hold the Council and prospective tenants to ransom.''

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