Pursuits
London’s Empty Luxury Homes Draw Election Penalty Vow
The living area inside an apartment, part of the Panoramic Collection at the Heron residential skyscraper, by Heron International Ltd., is seen in the City of London.
Source: Heron International Ltd. via BloombergThis article is for subscribers only.
Peter Rees’s attempts to form a residents association after moving into the City of London’s Heron apartment tower were hampered by one major obstacle: he couldn’t find many of his neighbors.
“We discovered just how difficult it was to trace owners who hadn’t been near their flats,” said Rees, the former City of London planning officer who owns an apartment in the 284-home tower that was completed in September 2013. “They were either unknown or uncontactable.”