Sydney property buyers furious with developer over delayed Rosebery apartment complex
During a lively interview with CEO magazineThe ill-fated Dirdom was not mentioned in it, but Lemmon reportedly said of the new company: We have a family atmosphere and want to continue to help in any way we can. ”
This is not the experience of disgruntled buyers, including Watson Kaim, whose life has been stuck for the past two years. In March 2021, she paid an “unplanned” down payment for a $1.4 million apartment in the nearly completed The Laneways project on Mentmore Avenue in Rosebury. Buyers believed the 118-unit lot would be completed by mid-2021.
But late last month, The Laneways received yet another rectification order. Fair Trade records show Ellerson has a restraining order on both the Rosebery estate and a 24-story development on Parks Street in Parramatta. The order means that professional certificates cannot be issued until corrective work is completed.
“We’re in a horrible and stressful situation where we can’t move forward and we can’t get out without spending a ton of money to have a legal nexus with these characters,” Watson said. = Kaim said.
In her latest email to Ellerson, she wrote: “Someday you will close your shop, open it under a different name, and defraud people like me again.”
Company surveys show that two development companies, both registered with Ellerson Development, have Mr. Sam Fayyad as their sole director and the company’s address is Dirdam office. Lemmon stepped down from Rosebery’s board last month, and Fayyad stepped down earlier.
Meanwhile, Sam Fayad’s wife Malia and her brother Joe Katar, co-founder of Dirdam, recently lost a major legal battle over the estate of their late brother. When he died in April 2010, 44-year-old George Qatar was worth more than $100 million through a 25 percent stake in Dirdam Group.
For more than a decade, George’s widow Carol and daughters Georgia and Alana have been at war with George’s sister Maria and brother Joe, the estate managers. The brothers previously settled the dispute by promising Carroll to provide 20 apartments for the Hills Shoppingtown development. However, it was also entrusted to the administration, and Carol received nothing.
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Last month, an appeals court ruled against Joe Qatar and his sister Maria. Carroll’s attorney, Jonathan O’Loughlin, of law firm O’Loughlin Westhoff, said it was “a nightmare to enforce” the debt, which now stands at about $20 million. A freeze order was placed on the brothers’ assets.
“I am family and they are their blood. How could they abandon us?” Carol Katar said. Herald.
The Fayad faction has been reached for comment.
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https://www.smh.com.au/national/nsw/you-should-not-be-allowed-to-build-a-lego-house-buyer-furious-over-sydney-property-development-20230702-p5dl66.html?ref=rss&utm_medium=rss&utm_source=rss_national_nsw Sydney property buyers furious with developer over delayed Rosebery apartment complex