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27 Apr 2024 10:39
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      Home > News > Business

    Concern about the possible sale of Auckland parkland - and now worry about the city's marinas

    Concern about the possible sale of Auckland parkland - and now worry about the city's marinas


    Auckland Council's copping criticism for allowing the sale of prime land at Pine Harbour and Bayswater Marina Village - where developer Simon Herbert plans to build luxury-style apartments.

    His company, Empire Capital, is also in pole position to buy land around Hobsonville Marina.

    Councillor John Watson says while the council's set to sell more than 600-million-dollars of public assets over the next decade - marinas are the first to go because they're the easiest sell.

    He believes they'll go for fire sale prices, which beggars belief.

    © 2024 Newstalk ZB, NZCity

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