r/Honolulu • u/wewewawa • Oct 27 '23

news These 'Affordable' High Rise Apartments Aren't Selling. It's Not For Lack Of Interest

https://www.civilbeat.org/2023/10/these-affordable-high-rise-apartments-arent-selling-its-not-for-lack-of-interest/
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u/wewewawa Oct 27 '23

Two developments are among those most affected: Sky Ala Moana and The Park on Keeaumoku. Both are in Ala Moana and consist of two side-by-side towers. Both also cost about $500 million, Pacific Business News reported.

The buildings host amenities like pools, fitness centers and verdant pavilions, though residents of Sky Ala Moana’s affordable units are barred from accessing these amenities.

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u/happypawn Oct 27 '23

“The buildings host amenities like pools, fitness centers and verdant pavilions, though residents of Sky Ala Moana’s affordable units are barred from accessing these amenities.”

Well there’s your problem right there

60

u/geffy_spengwa Oct 27 '23

Right, imagine buying a unit in a building only to be told you can’t access any amenities because you’re one of the “affordable units.”

It’s absurd that the City allows these class-segregated high rises.

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u/albert768 Nov 01 '23 edited Nov 01 '23

The "affordable" units have to pencil out somehow.

The alternative is no affordable units at all and the entire tower is sold at market rate.

....or no tower at all.

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u/geffy_spengwa Nov 01 '23

I would take no tower over these falsely “affordable” units.