Peter Georgeson – the worst architect in Sydney?

It’s been said before, Tony Guilfoyle could not destroy City Tatts on his own.

He needed the full co-operation of a team with no morals, who would turn a blind eye while the Club was looted.

Peter Georgeson, the Club’s resident architect, is one of these.

This is what he has taken from City Tatts since Guilfoyle became CEO:

Year      $

2005          197,715

2006          155,624

2007          147,524

2008          219,347

2009            83,182

2010            32,241

2013          136,626

2014          125,565

2015          100,000 Estimated

Total      $1,197,824

These are not building costs – they are just one man’s fees related to building works. And this one man has now received over $1 million from City Tatts.

But the huge fees are only the beginning. It gets a lot worse when you have a closer look at the building jobs.

Building works have been one of the worst areas of waste and mismanagement since Tony Guilfoyle became CEO. Almost all have been failures, with some absolute disasters.

Many were failures because they were crackpot ideas to begin with, just Guilfoyle trying to give the impression he was doing something. The numerous botched attempts at a proper front entrance, costing over $2 million, are an example.

But aside from the flawed plans, something is badly wrong with the supervision of building jobs at City Tatts.

When you compare the miserable finished result of any job to the enormous cost, members have been cheated blind.

Basically, there is chronic mismanagement, or fraud.

It might be that they don’t care how much they spend on building work, or builders are being paid where no work is done.

Either way, Peter Georgeson is up to his neck in all this.

City Tatts Information Desk


How much has Jan Ellks taken from City Tatts?

Tony Guilfoyle is well on his way to destroying City Tattersalls Club.

But he couldn’t do this on his own. He needed the help and support of a team with no morals. who would do anything for money.

Jan Ellks is one of the most corrupt individuals in the whole City Tatts saga.

Jan started as Guilfoyle’s secretary on 13 February 2007. At the time, the right salary for that role was probably $45,000, with a maximum of $50,000. But, for some reason, she was paid $100.000.

There may have been some justification for Guilfoyle to pay a higher than normal salary for his secretary. Before Jan, he had real problems holding on to secretaries, because they knew he was an imbecile. One of them told him to “go f**k himself”.

But even allowing for that, the amount paid to Jan showed incredible generosity with members money – and then it started to increase!

It didm’t take long to realise why.

Jan quickly showed that she was willing to do anything, no matter how dishonest, for the money. Her many corrupt actions have been well documented on this blog.

Here is what Jan has been paid, what she was entitled to, and the excess, which is basically money embezzled from members. The official figures released by the club to comply with the Registered Clubs Act show slightly lower amounts than these ($125,000 vs $135,000 in some cases) but we know what she actually gets.

Year             Paid       Entitled     Excess

2007         100,000      50,000      50,000

2008         100,000      50.000      50,000

2009         105,000      50,000      55,000

2010         125,000      50,000      75,000

2011         125,000      50,000      75,000

2012         125,000      50,000      75,000

2013         135,000      50,000      85,000

2014         135,000      50,000      85.000

2015         135.000      50,000      85,000

Total     $1,085,000   $450,000  $635,000

So there you have it, this cheat has taken $1 million of members money, most of it embezzlement.

City Tatts Information Desk

How many members does City Tatts have?

The most basic piece of information any club can offer about itself is how many members it has.

Well, in a normal club.

But City Tatts is not normal.

Around 2010 Tony Guilfoyle decided to stop revealing member numbers in the Club magazine, or in anything else that members might read.

So, for example, in the recent 80 page “Explanatory Memorandum” it is not mentioned once!

His move was not a complete surprise – he started with 34,000 members and had already lost over 14,000 by then. (Yes, 14,000, that is not a misprint.)

Since then he has continued to lose members at the same rate.

Around 2012 it got so bad he started to give $150 in vouchers to attract new members. By then, membership had fallen to 16,000.

The $150 voucher scheme was more window-dressing than a genuine attempt to attract members. It was done mainly to reassure the banks that the fall in membership had stabilised.

But there is no long term benefit to the Club, and it is really quite a stupid promotion. National Australia Bank were not fooled.

The other stunt to prop up member numbers was to award more Life Memberships. There are now 2,000 Life Members. (Yes, at City Tatts one in seven is a Life Member! )

So how many members are there at December 2015?

If you took out the spurious Life Members, and the $150 new “voucher members” (most of whom will leave as soon as they use the vouchers) we might be down to 10,000 members.

City Tatts Information Desk

Whatever happened to the City Tatts DA?

As everyone knows, the City Tattersalls DA has been a very difficult process.

Mirvac lodged the first Stage 1 DA application (Stage 1 is basically the overall concept for the site) but the Council told the Club to withdraw it after almost a year looking at it.

The most recent mention was in the Explanatory Memorandum where members were told that approval for the (second) Stage 1 DA was expected in March 2016.

That would be …. next week.

But that Explanatory Memorandum was mostly fantasy, so no one in their right mind would believe anything in it.

So far every deadline on this project has been missed.

In fact, the whole scheme is at least a year behind schedule.

As has been said on this blog before, many in Sydney property circles doubt that the current developer will ever build anything at City Tatts.

Property industry sources say they would be surprised if the Council granted Stage 1 DA approval before June.

City Tatts Information Desk

It’s game on for David Jones’ Market St property

David Jones are getting ready to sell their property on the corner of Market & Castlereagh Streets.

Part of the appeal of this property is the potential to add 20 storeys of apartments (or offices).

They are just waiting for the Chinese New Year celebrations to finish, which might be telling us where they think the buyer will come from.

This property backs on to City Tatts so, as has been said many times before, nothing will be developed on it in isolation from what happens on the City Tatts site.

Of particular interest to City Tatts members is that the sale will be handled by CBRE and Savills.

The question is what happened to Colliers, who have been advising David Jones all along.

Did the new owners at David Jones decide to steer clear of Colliers because of the stigma around their role in the City Tatts property scheme?

Or are Colliers still there, lurking in the background?

And one more question – were Colliers ever paid by City Tatts for finding that Chinese developer in Melbourne?

City Tatts Information Desk