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The former Techrete site at Howth Harbour, bought at the peak of the property boom by the crisis-hit Glenkerrin Group, will not return to the market any time soon for fears of only making a fraction of the original cost.
The Irish Times reports that Glenkerrin Group's extensive property portfolio is now under day-to-day management by receivers at Grant Thornton, which is devising an asset management plan with NAMA and estate agents Hooke & MacDonald.
However the 6.5-acre former concrete factory, purchased in 2007 for a total of €62 million, will not be one of those sites put back on the market, as it is expected to only make €10 million today.
Architect Duignan Dooley is currently awaiting planning permission for a development of 250 apartments with a mixture of shopping, offices, leisure and a community centre for the site, adjacent to Howth village.
But there is no indication of when construction might start on the scheme should it be given the go ahead.

The former Techrete site at Howth Harbour, bought at the peak of the property boom by the crisis-hit Glenkerrin Group, will not return to the market any time soon for fears of only making a fraction of the original cost.

The Irish Times reports that Glenkerrin Group's extensive property portfolio is now under day-to-day management by receivers at Grant Thornton, which is devising an asset management plan with NAMA and estate agents Hooke & MacDonald.

However the 6.5-acre former concrete factory, purchased in 2007 for a total of €62 million, will not be one of those sites put back on the market, as it is expected to only make €10 million today.

Architect Duignan Dooley is currently awaiting planning permission for a development of 250 apartments with a mixture of shopping, offices, leisure and a community centre for the site, adjacent to Howth village. 

But there is no indication of when construction might start on the scheme should it be given the go ahead.

Published in Waterfront Property
Fergus and Kay Quinlan of County Clare are the Afloat.ie/Irish Independent "Sailors of the Month" for February to mark their fine voyage from their home port, Kinvara on Galway Bay, to Tahiti in the Pacific.

Recognised by the senior offshore sailing organisation, the Irish Cruising Club, with the award of the historic Faulkner Cup, the Quinlan's achievement is further enhanced by the fact that, in their determination to acquire a boat suitable for long distance voyaging, they built their steel-constructed 40ft cutter Pylades themselves, launching in 1997.

Pylades_-_Feb_SoM

They have brought a lively and enquiring eye to the complex project, something which reflects Fergus's qualifications as an architect. As he has drily observed himself, there isn't a lot of work around for architects in Ireland at the moment, so everything clicked with the boat sea-tested and ready to go off on this sail of a lifetime.

Having left Kinvara in June 2009, their longterm plan is a global circumnavigation, returning to Galway Bay in August 2012. Quite what Ireland will be like by then is anybody's guess. But as it is, the crew of Pylades have enough to be getting on with in dealing with the vagaries of the open ocean, and the volatile political situation in some of the areas where ocean voyagers go. For armchair sailors at home, their thoughtful and entertaining reports on their experiences make them worthy "Sailors of the Month".

New York Yacht Club’s biennial Invitational Cup

Ireland has a proud history in New York Yacht Club’s biennial Invitational Cup, with Irish participation from the very start and a podium result in 2019.

In 2009, two Irish Clubs,  Royal St. George in Dun Laoghaire and Royal Cork in Crosshaven, entered into New York's newest sailing competition that was reminiscent of Newport’s America’s Cup days when 19 yacht club teams from 14 nations descended on this “City by the Sea”.

The Rolex New York Yacht Club Invitational Cup is a competition between yacht clubs, with strict eligibility rules ensuring that each team is comprised exclusively of amateur sailors.

The competition, which was first run in 2009, has drawn entries from 49 clubs from 22 nations on all six inhabited continents.

The New York Yacht Club won the inaugural event in 2009, with the Royal Canadian Yacht Club winning in 2011 and 2013, England's Royal Thames Yacht Club winning in 2015 and Southern Yacht Club from New Orleans winning in 2017.

In 2019 the regatta was sailed for the first time in the New York Yacht Club’s fleet of IC37 yachts, and Royal Sydney Yacht Squadron, from Australia, became the first Southern Hemisphere club to win the trophy. And it was in this edition that Anthony O’Leary’s Royal Cork team took the bronze medal.