The Longboat Quay apartments have major deficiencies when it comes to meeting fire safety standards.
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Meanwhile, residents living in yet another apartment complex built during the Celtic Tiger boom are to meet with lawyers and the local council tomorrow amid concerns their homes also pose a fire safety risk.
“And the government has an obligation to help us”.
About 900 people live in 300 apartments in the Longboat Quay complex in Dublin’s docklands.
“They didn’t have the system of periodic inspections throughout the course of the works”, said Mr O’Brien.
On Thursday, the NAMA Chief Executive, Brendan McDonagh, told the Dáil’s Public Accounts Committee that there were previous issues relating to the same debtor who developed Longboat Quay, Bernard McNamara.
The DDDA, in conjunction with the receiver for the company which built the development, has offered €2.75m which it says represents more than half the full costs.
Residents of a modern apartment block in Dublin’s dockland area have been told to pay €4 million or face potentially being put out of their accommodation.
Mr Kenny said he is conscious of the difficulties faced by the families and that the country remembers the plight of the residents of Priory Hall.
Residents of Longboat Quay have rejected as “wholly unacceptable” an offer from the Dublin Docklands Development Authority (DDDA) to contribute towards the cost of remedial works in their building. We, the owners, do not have the money to fund these costs and the situation has now reached crisis point.
A spokesperson for NAMA said it was not disclosing the name of the development.
The Authority understands that the Receiver over the assets of Gendsong Limited, whose interest includes 18 apartments in the complex, will also be making a substantial contribution towards the remediation works.
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This money would come from NAMA.
