The Charlotte Observer and the Charlotte Business Journal are both reporting that the Vue Charlotte will hit the auction block on June 12th. This is of course a very sad ending for MCL and the pre-sales buyers. For those that are in the building for the long-term, this may just be a temporary blow. Speculation is that the building will change to apartments, but we’ll have to wait and see. Links to the articles are below.
Kerry Singe, Charlotte Observer Article: Vue Condo Tower Hits Auction Block
Susan Stabley, Charlotte Business Journal Article: The Vue Charlotte Faces Foreclosure Auction on June 12th
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