Tag: The Press

“Lyttelton’s heritage Timeball Station was under-insured by $3.6m” The Press (Online Article 06.12.2015)

Updated:Heritage New Zealand have issued a Media Release in response to The Press article and it can be found at the following link-

“Heritage New Zealand responds to Timeball Station insurance article” HNZ Media Release

The Press Reported:

"... In 2010, the HeritageNZ board reduced insurance cover on its properties to a maximum of two-thirds, (HNZ national business manager Julie) Rowan said. Later that year, the earthquakes began. ...
"The board considered that any loss greater than two-thirds would reduce the likelihood of a rebuild," she said.
"Where we are able to reduce the premiums we pay, cost savings can be used for areas such as pre-emptive strengthening and maintenance of the buildings we care for," Rowan said. "

"Lyttelton's heritage Timeball Station was under-insured by $3.6m"  The Press
http://www.stuff.co.nz/the-press/business/the-rebuild/74610183/lytteltons-heritage-timeball-station-was-underinsured-by-36m

“Warner’s Hotel could rise again in Christchurch’s Cathedral Square” : The Press (Online Article)

Warner's Hotel could rise again in Christchurch's Cathedral Square  : The Press
"Host Hotels and Resorts, based in Maryland in the United States has applied to the Christchurch City Council for resource consent to replicate Warner's."
"While the drawings provided to the council lacked the historic veranda that originally extended out over Cathedral Square, the company had not ruled out reinstating it. The ornate veranda was rescued at the time of demolition and was in storage."

http://www.stuff.co.nz/the-press/business/the-rebuild/74240850/warners-hotel-could-rise-again-in-christchurchs-cathedral-square