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Town Hall admits land sale ‘cock-up’ at estate

THE Town Hall has said it has no intention of buying back land at a Highbury council estate which was sold off by mistake.
A leaked email of correspondence between senior Highbury East Lib Dem councillors Terry Stacy and Laura Willoughby reveals a senior council officer’s fears that it would have cost Islington Council a “grossly inflated” figure to buy back the land at the Parkview estate.
Part of the estate was sold in error by the Town Hall for a sum believed to be about £100,000 when the deeds were included in the sale of an adjacent piece of land.
The unnamed developer who bought the land is now said to be asking at least £200,000 for the plot.
In the emails Cllr Stacy says the council should admit the mistake – described by him as a “cock up” – and adds that “we should also offer to fund something else on the estate”.
The email includes correspondence with assistant director of property services David Lewis, who wrote on August 30: “The position here is that following negotiations it became apparent that the new owner has a grossly inflated view of the land that we wanted to repurchase (circa £200k).”
Brian Potter, chairman of Islington Leaseholders’ Forum said: “I’m worried about the quality of a council that can cut down the wrong trees, sell property it shouldn’t be selling off and allow consultation to be reduced to zero. It worries me about what they intend to do next.”
Cllr Stacy said yesterday (Thursday): “It was a mistake. The piece of land on the Parkview estate shouldn’t have been sold. We have thoroughly investigated how this happened and put in place mechanisms to make sure this never happens again.
“We will be making improvements to the estate and discussing with residents what can be done to compensate for the loss of this land.”
The millions raised from the sale of the two parcels of land at the estate would be used to improve council housing, he added.
The Tribune has learned that £40,000 due to be spent on a football pitch on Parkview estate has been cut to £20,000.
   
   
 
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