Developer Tony Gapes loses appeal

Developer Tony Gapes loses appeal
Tony Gapes tried to appeal part of a ruling ordering him to pay more than $380,000 to a civil contractor. (Image: Norrie Montgomery)
Riley Kennedy
The court of appeal has dismissed property developer Tony Gapes’s attempt to appeal part of a ruling ordering him to pay more than $380,000 to a civil contractor over an Auckland development.Gapes’s Redwood Group bought land for a residential development called Springpark in Auckland’s Mount Wellington in 2012. More than 150 houses were planned. Construction started in 2013, and presales generated about $60 million.By mid-2015, there were substantial cost overruns, and it became clear the buyers would be able to exit due to su...

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