NAMA to spend €150,000 demolishing Longford apartment block

National Asset Management Agency bosses are expected to fork out around €150,000 for the demolition of an abandoned apartment block inside the grounds of Longford town housing estate, Gleann Riada.

National Asset Management Agency bosses are expected to fork out around €150,000 for the demolition of an abandoned apartment block inside the grounds of Longford town housing estate, Gleann Riada.

Last week, agency officials announced details of its plans to level the highly contentious building which lies at the entrance to the estate.

Fresh insights into the exact cost of those plans were made clear last night (Thursday) when Finance Minister Michael Noonan revealed NAMA had set aside €150,000 for “all demolition and remediation” works over the coming weeks.

It comes a matter of days after work on the troublesome unit was temporarily stalled after National Parks and Wildlife investigators found three nests belonging to house martins.

Last night Sinn Fein’s Dessie Ellis hit out at the large costs involved when addressing the controversy inside the Dail.

“It is a total disaster,” said the Dublin North West TD. “Already, the taxpayer has paid for the apartment block and is now paying another €150,000 to demolish it.”