In the Dunedin section of Harcourt’s second Otago Market report for 2020, it said "a lower retail block on Princes St" had been vacated, ready for demolition. That was in reference to addresses surrounding Philip Laing House from 170 Rattray St around the corner to 201 Princes St, but not including 150 Rattray St, which is owned by Darling Realty principal Lincoln Darling. The buildings on Rattray and Princes Sts are owned by John Farry and Tony Clear’s company Farry Clear Ltd. The company bought the Rattray St buildings in the past 12 months. "We haven’t approached the council about demolishing it.

Source: Otago Daily Times July 27, 2020 15:22 UTC