In a statement this afternoon they said that they don't have the money to fund the cost of refurbishments to the building.
The CEO of Dublin City Council this morning said that there's no 'immediate fear' of residents becoming homeless.
They were facing an evacuation order over fire safety issues.
Sinn Fein Councillor Chris Andrews worries that the Docklands could be full of buildings with similar safety risks, given the number of properties built under the same standards as Longboat Quay.
