Mojo ♻️A 28-unit block in #ElizabethBay is set to be replaced with a $230 million complex of 22 luxury units. This is part of a broader trend, as six relatively affordable blocks are slated for luxury redevelopment. The City of Sydney has rejected the proposal, but the developer is appealing in the Land and Environment Court of NSW. Over 50 residents and neighbors are fighting back, protesting the demolition of the 1960s apartment building in what could be a pivotal moment for Sydney's eastern suburbs.
#property #developers #greed #sydney
The neighbours desperate to stop building being demolished for luxury apartments
The battle over this building is seen as a landmark in the struggle between residents and developers over the future of Kings Cross, Elizabeth Bay and Potts Point and its continued gentrification.
Philip Thalis
