Michael Kours flat will be closing on October 22 after a protracted fight with tenants, a spokesman has confirmed.
The spokesman said the estate is “now in the process of finalising” its arrangements.
“There will be no more Michael Korgers flats in the immediate future.
The estate is in the midst of a process of closing and the closure will be subject to all necessary approvals.
We will announce a final date for the closure once these processes have concluded.”
The estate is the site of Michael Kor’s controversial flagship flats, which he bought in 2005 for €1.7 million (US$1.9 million).
The company’s founder was awarded the Order of Ireland in 2012, and is currently serving a life sentence at Tallaght Prison.
His daughter, Dora, died in 2015 aged 57.
The flat is one of four properties in the complex owned by Michael Kourts, a businessman with an estimated fortune of €1 billion (US $1.2 billion).
Michael Kors, which is owned by his brother-in-law, was sold to US company AEG last year for $1 billion.