Greiner called in to catch another fish market deal

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The Sydney Fish Market has enrolled the architect of its privatisation 25 years ago, former premier Nick Greiner, to help smooth the path for a move to a new site

along Bridge Road., it will have done so in the face of significant obstacles. One is the reluctance of tenants in the market to voluntarily quit their premises for a new location.

"I'm trying to fight for the shareholders," said Dominic Galati, an entrepreneur who has been embroiled in intensive litigation against the Fish Market and entities associated with it."The government is trying to take the land back from the shareholders, and I've said no." On this view, the government's policy of using the UrbanGrowth Development Corporation to build a new market on Bridge Road, and later redeveloping the existing site with residential development, puts the government in breach of its own lease. Mr Galati is therefore attempting to reclaim a stake he took in one of the SFM's tenants, and use that stake to re-establish influence over the market.But this view is opposed by the management of Sydney Fish Market.

 

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Berejeklian: New South Wales' Reverse Robin Hood

old fish market would be sold off to developers Very typical of Gladys She is money sucking vacuum Powerhouse museums Barangaroo &Sirius they r all sold off to pay for white elephant new stadiums Athens went bankrupt due to Olympic stadium

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