From the Maitland Mercury report:
It may be an eyesore now but the developers of the derelict Flash Palace building have given Maitland the assurance there will be something spectacular on the site within months.
The building has gradually deteriorated during the past 12 months with vandals and squatters trashing what is left of its fixtures and the interior after plans to renovate it were abandoned.
Maitland City Council approved 10 apartments in the Art Deco building at the eastern gateway to the $17 million Levee precinct.
Full article available at Maitland Mercury, 5 Apr 2017.