Three Sydney unit blocks linked to family of property developers mostly empty, after rectification orders issued
ABCThree major Sydney apartment towers linked to a family of property developers are sitting mostly empty, with some unit owners waiting years to move in as regulators uncover serious defects. Key points: Ellerson Property has developed hundreds of units across Sydney The management company took over several projects from Dyldam, whose former director is facing bankruptcy proceedings Their complexes in Rosebery, Parramatta and Baulkham Hills have been sanctioned Former Dyldam bosses Fayad Fayad, Remon Fayad, and their father Sam Fayad are behind apartment blocks in Rosebery, Parramatta and Baulkham Hills, all of which have been slapped with sanctions from the NSW Building Commissioner. One unit block, The Laneways Rosebery in Sydney's inner south, is facing two rectification orders issued by Building Commissioner David Chandler, detailing serious defects which have prevented unit owners from moving in for more than two years. Ellerson Property's website promotes Observatory Place in Parramatta as an "elegant 24-storey building" still under construction.
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