The DDDA, which owns the common area in the 298 apartment development, made an increased offer to the residents to fund a greater share of the €4m cost of remedial work.
However, the residents’ representatives rejected the renewed offer, claiming they simply wouldn’t be in a position to cover the remainder of the cost.
The remedial work is required after major fire safety deficiencies were uncovered in the Bernard McNamara built development last year.
On October 1 Dublin Fire Brigade issued a fire safety notice to the 600 residents which required the remedial work to begin within a month or the process of having the building evacuated would begin.
That deadline, and the legal action being taken by the residents, were both set back to allow for talks to take place.
The major stumbling block is funding for the remedial work.
The DDDA, along with the receiver for McNamara’s assets had offered to put up €2.5m, although €1m of that offer has already been spent on earlier work.
The apartment owners say they are simply not in a position to fund the remainder of the work. Yesterday’s talks, which went on for most of the day, were signposted as the DDDA making “a final offer” to residents, but that was rejected.
In a statement last night the residents management company said the talks proved to be “disappointing”.
“No meaningful advancement was made, no comprehensive solution was possible. Furthermore, it was unhelpful that owners and residents had to learn through media reports that we were to be made a final offer.”
On Monday, the chief executive of Dublin City Council Owen Keegan told a council meeting a final offer would be made to residents. The council is in the process of a takeover of the DDDA.
The Irish Examiner understands that the renewed offer was not the only issue for the management company.
As part of the offer, the DDDA wants to convey the common areas to the residents, but this is being resisted on the basis that it would leave residents with full responsibility for any further issues that arise in a development that has proved already to have some major structural and safety flaws.