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Alsergrund: The horror house continues to struggle with construction chaos and problems!
In Alsergrund, tenants continue to struggle with problems in the horror house Hörlgasse 7 after construction work was stopped due to insolvency.
Alsergrund: The horror house continues to struggle with construction chaos and problems!
In Vienna's Alsergrund, a dilapidated building is causing a lot of trouble among residents. The former construction project at Hörlgasse 7, which was originally intended to house luxurious apartments, has been at a standstill since the LNR Group and its investor Lukas Neugebauer went bankrupt. Construction work stopped in 2024 and since then the problems for the remaining buyers and tenants have only increased. The Bank for Tirol and Vorarlberg (BVT) is now the current owner of the fateful property, while administrative responsibility lies in the hands of the liquidator Erwin Senoner. As meinkreis.at reports, the tenants are struggling with various difficulties.
One of the most pressing problems is a temporary gas supply shut off due to a chimney problem. Fortunately, this is now running again, but other issues remain unresolved. Scaffolding in the courtyard not only disrupts the living ambience, but also contributes to heating costs skyrocketing - windows are partially unhinged and allow the cold to creep in.
Construction cranes and water damage are constant companions
A heavy construction crane in the courtyard is also a prominent nuisance. Since the ownership structure is unclear, it cannot be removed. Just like the water damage to the ceiling, which no one considers responsible. The property management company, Franz Zormann GesmbH, took over the administration during the bankruptcy proceedings, but is not paying for the damages in the desired manner. Tenants are forced to rely on buyers of the bankrupt's estate to pay for repairs - a situation made even more complicated by the lack of building insurance.
As is often seen in the construction industry, this is not just an isolated incident. Construction projects are inherently complex and can often be jeopardized by unexpected events such as bankruptcy or legal conflicts. According to built-smart-hub.com, crisis management and responsiveness are the key to mastering such scenarios. Long running times, technical complexity and high coordination requirements make construction projects particularly susceptible to disruption.
What next for investors and residents?
If the planned roof work actually begins as announced, it will only affect the general parts of the house and not the rented apartments. This leads to further ambiguity for the tenants, which leaves them hanging in the air. Particularly in crisis situations like this, structured crisis management is crucial in order not to lose touch in the construction industry.
The responsibility for this misery lies not only with the previous investors, but also with the management and the current owners. The residents are hoping for a quick solution to their problems and are wondering when light will finally come into the darkness of this construction disaster. There is no end in sight to the horror in Hörlgasse for the time being, and the patience of the residents is being put to a severe test.