Irish Nationwide is considering taking over remedial works on a north Dublin apartment complex that is 'deteriorating' because of building defects.
An area meeting of Dublin City Council heard that poor workmanship by the company Coalport has left many apartments in Priory Hall prone to damp penetration.
Council official Kieran Cunningham said that remedial works will be necessary to roofs and balconies while there are also problems with cladding.
He said on-going problems are now reaching a 'crescendo' with the buildings' deteriorating and that balcony railings will be in danger of falling off because of rust.
The meeting of the North Central Committee heard that the developer's lender, Irish Nationwide, had hired consultants to look at the cost of remedial works with a view to taking over the work.
The architectural survey was carried out on 16 apartments purchased by the Council for social housing, but which had to be evacuated last December when it was discovered they were a fire hazard.
The meeting heard that Coalport has still not carried out the fire safety works agreed in the complex, which is situated in the northern fringe development area.
Labour Cllr Sean Kenny described the architects' report as shocking and councillors requested a report on how such as systemic failure of oversight could be avoided in future.
Coalport has previously stated it was working to resolve problems in the estate of just under 200 apartments, but had no comment to make on the latest report.