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grenfell didn't have sprinklers as it was an old building reclad
most of the buildings in the list above are new enough to have been built with sprinklers which would have either stopped the fire spreading from the 1st room or at least slowed the fire enough to allow everyone? to get out
Once it's in the poly panel - it's gonna burn - sprinklers won't help much.
More than one exit must be expensive for high rise buildings.
Some are fire retardant.
I think there are rules on height in NZ on using even the retardant stuff.
I used some (non fire retardant) for the roof of a porch on a single story house - made a very nice job.
Having it doesn't always mean bad - many of the buildings listed have it as a decorative feature or just in a small area.
A penthouse owner will have to pay more to repair entire building.
The owner of a top storey of an apartment building in central Auckland has lost a High Court fight over payments to repair the entire complex. Manchester Securities will have to pay more than $700,000 for repairs to Hobson Apartments, after a High Court decision was upheld by the Court of Appeal of New Zealand. Manchester, which owns the top level of the 12-storey unit title development, had opposed the building's body corporate's wishes to contribute to the cost of repair work for levels 1-11 after severe water leaks into the building. Instead, Manchester wished to repair level 12 itself and not contribute to the cost of any other work.
It's so freakin uncertain as to how to buy a residential property, especially an apartment now.
Got to check for seismic strength, whether it's leaky and now cladding flammability!
Along with all the usual stuff about long term maintenance plans, lifts, a/c, fibre, BC minutes and so on.
I've said this before, high rise apartment blocks are expensive, complex systems compared to single dwellings. Anyone promoting them as 'affordable' housing should be up in court for fraud.
New poly panel with fire retardant - no worries.
The old stuff without .... oh dear.
Just realise that almost everything will burn in the right environment, regardless of fire retardant or such-like. Even the aluminium will burn. The failure at Grenfell isn't just the cladding, it's all the details like the way it was used and how it was finished off etc.
Note that the current inquiry is a farce and I don't have high hopes they will get to any actual science based conclusions. It's little more than a show trial at the moment.
the flammable cladding buildings will have to pay more for insurance
meaning higher BC costs + lower returns
will be interesting to try and work out how much
If a fire started for instance on a balcony it could spread rapidly up a building in a short time, start to break windows and enter the building on many levels at once
Of the 116 buildings on the list, those listed as ACP PE have the cladding with a polyethylene core, like Grenfell Towers.
• Various Auckland Hospital buildings, 2 Park Rd, Grafton; • Civic Centre administration building, 8 Henderson Valley Rd; • Oceania & Eastern building, 110 Customs St West, CBD; • Viaduct Point Apartments, 125 Customs St West; • The Spencer on Byron hotel and apartments, 9-17 Byron Ave, Takapuna; • Shoal Haven Apartments, 130 Anzac St, Takapuna; • Spark Centre, 167 Victoria St West, CBD; • PwC Building, 188 Quay St, CBD; • TVNZ building, 100 Victoria St West; • The Owen Glenn Building at Auckland University, 12 Grafton Rd; • Quest Apartment Hotel, 127-137 Hobson St; • Dynasty Gardens Apartments, 135-137 Vincent St;...............balconies • An unnamed building at 14-18 Lovell Court, Rosedale; • AUT Millennium at 17 Antares Pl, Rosedale; • Queens Lodge, 176 Broadway, Newmarket;...............balconies • An unnamed building at 2 Gillies Ave, Newmarket; • An unnamed building at 212 Universal Drive, Henderson; • A building at 2-38 Great North Rd, Grey Lynn; • Kiwi on Queen, 415-427 Queen St, CBD;...............balconies • H47 Apartments, 45-49 Hobson St;...............balconies • An unnamed building at 60 Stanley St, Parnell; • An unnamed building at 64 Apollo Dr, Albany; • City Garden Apartments, 76-84 Albert St, CBD;...............balconies being closed in...safer? • Waitakere Stadium, 79-85 Central Park Dr, Henderson; • Nautilus hotel/apartments, 9-15 Tamariki Ave, Orewa.
the flammable cladding buildings will have to pay more for insurance
meaning higher BC costs + lower returns
will be interesting to try and work out how much
If a fire started for instance on a balcony it could spread rapidly up a building in a short time, start to break windows and enter the building on many levels at once
If the list is anything like the others it includes where the material is used for signs and other benign things.
It really needs to specify how and where it is used but I'm sure the insurance companies will be looking at that.
Any thoughts on Onehunga apartments?
With Panuku redevelopment, this seems to be a good long term investment.
I’m currently looking into:
- 340 Onehunga Mall (Kiwibuild prices not too far off from market value)
- Fabric apartments
Te Atatu South . How do you determine true value as $200k discount is BS. Even 100K seem bit over the top but the floor size is 160. What is the cost per m2 in suburbs?
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