PHOTO: SUPPLIED Alexandra Park Village developer the Auckland Trotters Club has asked buyers if it can keep deposits to complete the apartment complex.
Buyers of the troubled upmarket Alexandra Park Village development in Auckland will have to wait at least another year to move in under the time-line of a new builder.
All the 250 apartments were pre-sold in 2017 for a total of nearly $300 million. Many residents were due to move in last year.
But they have been asked to extend the termination date of their purchase agreements to allow more time to complete construction after developer, Auckland Trotters Club, fired construction firm Canam due to “ongoing performance issues.”
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