Owners at Longboat Quay have said they will begin a legal action on Friday if the Dublin Docklands Development Authority and the receiver do not improve their financial offer to cover the required fire safety works.
They were speaking after a meeting with Minister for the Environment Alan Kelly at Leinster House this afternoon.
Owner and member of the management company, Michael Ingle said the meeting was productive but the Minister did not offer additional financial support or additional support from another party.
Asked what form the legal action would take, Mr Ingle refused to comment. He said their legal advice was that the DDDA was the owner of the development.
He also said they told the Minister that the receiver owns 18 apartments in the development which could be sold to pay for the works.
He insisted the problem was not one of their making and the DDDA and the receiver were responsible, and had to come forward with a full solution.
Owners of the apartment block have been told they must come up with €4 million cost of remaining works or face evacuation.
The DDDA have offered €1.75 million towards the €4m but owners say so far only €750,000 has been put on the table.
Dublin City Council has set a deadline of 1 November for the fire safety works to begin, otherwise the 900 residents living in the apartment block will be evacuated.
Meanwhile, Sinn Féin Deputy Leader Mary Lou McDonald has called on Taoiseach Enda Kenny to contact developer, Bernard McNamara in relation to deficiencies found at Longboat Quay in Dublin.
During Leaders Questions in the Dáil, Deputy McDonald said residents have been given 25 days to start the works or they will be evacuated and have been told by Dublin City Council that they cannot be housed by the authority if evacuated.
She said they have 25 days to come up with millions of euro which she and Taoiseach knows is not fair.
Deputy McDonald said the solution can only be found if those responsible are brought around the table and forced to pay up.
She asked the Taoiseach if he would convene a meeting of the people responsible and phone Mr McNamara.
She said the Taoiseach ought to make it clear in the Dáil that residents would not have to pay for the repair work and make sure this horror story is not revisited.
Responding, Mr Kenny said Deputy McDonald appeared to want to absolve the Dublin Docklands Authority, the management company and Dublin Fire Brigade.
He said it is his belief that there are other cases out there that may be more complex which he said was all part of a legacy.
He said responsibility for enforcement of regulations lies with local authorities.
Mr Kenny said fixing the defects is a matter for the property owners, residents, insurers and if a solution cannot be found the legal remuneration is a possibility, he said.