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Billionaire withdraws Haringey PD application

Property billionaire Andreas Panayiotou has withdrawn his second attempt to convert an office in Haringey into a residential scheme of micro-flats.

London’s “buy-to-let king” pulled the revised plans for 171 flats at Alexandra House, N11, after more than 60 objections from councillors, the community and local MP Catherine West.

Panayiotou’s Ability Developments had planned for the bulk of flats at 26 sqm, significantly below the minimum size standards of 37 sqm, through controversial permitted development rights.

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