Concern over price of town hall flats
PUBLISHED: 12:00 24 May 2018
Flats at the new Hornsey Town Hall development have gone on the market, with campaigners criticising how expensive they are.
A two-bedroom flat at the development is priced at £689,950.
Prices for a slightly larger two-bedroom flat are listed at £859,950.
The flats, listed with Savills, speak of being “inspired by the art deco history of the Town Hall featuring chevron timber flooring, terrazzo inspired surfaces and Art Deco style bathrooms.”
Building work is set to begin towards the end of this year, and the Far East Consortium, which is behind the project, estimates it will take two years to finish.
David Winskill, who campaigned against the contract being given to FEC, and for there to be more social housing says he is concerned about the high price of the apartments with a backdrop of falling house prices in the area.
“It’s to be welcomed that the town hall will be refurbished, but many people will find the prices of the flats astonishing.
“It was only a few weeks ago this was definitely going ahead.”
Prices for a one-bedroom apartment will start at £503,950.
The housing forms one part of the £30million development of the famous Grade-II listed building in Crouch End.
The work means it will be taken off Historic England’s ‘at risk’ list.
The east wing will also be turned into a hotel, creating 37 jobs.
A spokeswoman for FEC said: “In respect of affordable housing, the development includes 11 social rented homes.”
As reported in the Ham&High In April, the group of campaigners against the contract being awarded to FEC raised nearly £20,000 for a judicial review.
However they were forced to withdraw the bid after lawyers found FEC had addressed an area that campaigners believed had been overlooked.
Mr Winskill said he was also concerned about falling house prices: “Crouch End is always in demand. But there is a backdrop of falling house prices.
“It is hoped that Haringey Council will make sure that they deliver the amount of affordable housing that has been promised.
“Many people feel that the solution Haringey has come up with doesn’t reflect people’s aspirations.”