Belfast Telegraph

Developer £52m in red barricades his Dublin home

By Mark O'Regan

A Dublin family want to be allowed to continue living in a palatial mansion despite being €71.5m (£52m) in debt.

The O'Donnells were described as "deluded" in court after seeking an injunction to prevent Bank of Ireland seizing control of Gorse Hill, a hilltop mansion in Killiney.

Solicitor and property developer Brian O'Donnell barricaded himself inside the house, once valued at £22m, with the help of the New Land League anti-repossession movement.

Its spokesman said: "There are professionals who are homeless. The issues are the same whether you owe €50,000 or €5m."

Mr O'Donnell, along with his wife Mary Patricia and children Blaise, Blake, Bruce and Alexandra, had been ordered to vacate the property by 12 noon yesterday.

However, Mr O'Donnell remained inside last night, as a last minute High Court bid by their eldest son, Blake, was mounted to stop the repossession. Mr O'Donnell is a former managing partner in Dublin solicitor's firm William Fry. He and his psychiatrist wife became involved in the property business over 20 years ago.

Belfast Telegraph


From Belfast Telegraph