The properties in North Main Street are part of a distressed loan portfolio.Yes, The State already via a Compulsory Purchase Order purchase's derelict buildings that are a hazard where the owners do not maintain them etc.
Four derelict buildings on North Main Street are to be acquired by Cork City Council.
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Try leaving a building empty and go to ruin in the Netherlands and you will not have it very long as they see they see the greater good for society rather than someone slowly assembling a site, let it go to ruin and then demolish the buildings anyway so they can make a great big profit while the city has to look at buildings falling down for years and then pick up the tab anyway and people crying out for homes.
It’s difficult to know who the owners are/were.