Tuesday, November 26, 2013

Sky House Opening Date Delayed

The opening of Sky House for leasing and move-ins was originally scheduled for Monday, December 2, but the date has been pushed back. During the hard hat tour of the east tower on the 13th of this month, there was still some work left to do in the common areas, but it appeared that the building would be ready for occupancy (at least for the lower floors) by December 2. I haven't been able to find out why the date has been pushed back or what the new opening date is, but I suspect it has something to do with the buildings being for sale. Empty buildings are more valuable to a prospective buyer than ones with tenants in them, since as soon as a tenant moves into the buildings, TOPA rules go into effect if the buildings are sold, which would allow tenants the first right of refusal to purchase in the event of a sale. The new website will still launch on the 2nd, with detailed unit type and amenity information.

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