Club Wyndham Skyline Tower Closing in Atlantic City

The Club Wyndham Skyline Tower at 100 S. North Carolina Avenue in Atlantic City will close at year's end, and the building will be put up for sale, according to the Philadelphia Business Journal. 

The timeshare property's homeowners association plans to sell the tower, is spelled out in the Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development.

The closure will result in 116 layoffs, according to the WARN.

Club Wyndham in Atlantic City

Wyndham's Skyline Tower, a 32-story high-rise, was built in 1982 and renovated in 2011. It is one block from the Atlantic City Boardwalk and in easy walking distance from Steel Pier, Resorts, and Hard Rock casinos.

The tower is made up of one- and two-bedroom condo resort suites with full kitchens, private bedrooms, separate living and dining areas, and private balconies.

Amenities at the resort include a fitness center, game room, swimming pool, and sauna.

Club Wyndham is one brand of Wyndham Destinations, a vacation ownership company. It operates more than 100 resorts across North America and the Caribbean.

Wyndham warned in July of the potential to sell some of its properties as part of an effort to cut costs and rightsize its portfolio.

In a July announcement, the company said they were deciding which properties it felt were worth holding on to.

"While the vast majority of Club Wyndham resorts meet the expectations and desires of owners, we understand there are some properties that require significant upgrades or are simply located in destinations that aren’t as desirable as they once were."

 

Property Owners Voted to Sell

Management for the Club Wyndham Skyline Tower said that 99% of the property's ownership voted to cease operations and put the property on the market, according to PBJ.

Owners in good standing with the resort after the sale will have the choice of trading their ownership stake for the equivalent amount of Club Wyndham Access points or receiving their share of the sale proceeds for their interest in the property.

Employees were informally told of the potential closure over the summer, according to resort management.

Some of the laid-off workers will be offered positions in other company locations, such as New York, Florida, or Chicago.

A small crew will stay on to maintain the property until it is sold.