MOREHEAD CITY, N.C. (AP) — A senior living apartment building in Carteret County is giving its residents until the end of the month to move out because the owners say “economic events” have led them to close it.
The Daily News of Jacksonville reports (http://bit.ly/1915oGV ) the owners of Harborview Towers in Morehead City say the building is slated to close on Aug. 30. Harborview Towers has about 50 units and is currently occupied by approximately 25 residents aged between the mid-80s to a resident who’s 102.
John “Ron” Jernigan, president of Harborview Enterprises, said in a statement that the company has pursued ways to continue operations, including a sale of the property, but there’s been no solution.
Senior Care Properties Inc. has been interested in purchasing Harborview Towers but no agreement has been reached.
The decision has Dan Erickson looking for a new home for his mother-in-law, who is 99 years old.
“We’ve got to find a place for her, which we are working to do now, and at 99 years old it’s going to be hard to find a place she will be comfortable with. It’s hard to believe, it really is,” Erickson said.
Ericksen said options presented in a letter from Senior Care Properties would have changed the terms of the original contracts.
His mother-in-law paid a $144,000 occupancy fee when she moved in, and the agreement is that she’d get 80 percent of that back within two years of vacating the unit.
One proposal would let residents or their estate wait for the payback until their individual units are sold, negating the two-year limit. The other option was for the company to pay 30 percent of paybacks when the purchase closed. Neither proposal received unanimous support, which was needed for approval.
With the closing, residents may not get any money back. Ericksen said he’s aware of at least six lawsuits that have been filed for breach of contract and his family is now considering legal action.
Jernigan said there have been ongoing efforts to keep residents informed of the situation and the company hasn’t stopped reviewing options.
Information from: The Daily News, http://www.jdnews.com