What's the damage
Shepherd, Mark
What's the damage - 2006 - Property Week 71(5) 3 February 2006, 72(1) .
Crossrail, the £16bn project that plans to build a rail link through London is under attack by landlords, claiming that the noise and dust generated entitles property owners to compensation. A select committee of 10 MP's on 17 January heard up to 358 objections to the Crossrail bill. The committee - that has the power to amendment the bill - must decide whether compensation for collateral damage is warranted. However, Crossrail's defence team commented that should the committee agree to extend compensation payouts, the cost of the project will escalate further. It is their firm belief that public interest in the project outweighs the interests of landlords and occupiers.
What's the damage - 2006 - Property Week 71(5) 3 February 2006, 72(1) .
Crossrail, the £16bn project that plans to build a rail link through London is under attack by landlords, claiming that the noise and dust generated entitles property owners to compensation. A select committee of 10 MP's on 17 January heard up to 358 objections to the Crossrail bill. The committee - that has the power to amendment the bill - must decide whether compensation for collateral damage is warranted. However, Crossrail's defence team commented that should the committee agree to extend compensation payouts, the cost of the project will escalate further. It is their firm belief that public interest in the project outweighs the interests of landlords and occupiers.