Skyline Tower Resort Vacation Condos Seek Sale

Atlantic City timeshare property files for Chapter 11 after 99.93% of owners vote to dissolve

Mar. 12, 2026 at 4:13pm

The Skyline Tower Resort Vacation Condominium Association in Atlantic City, New Jersey has filed for Chapter 11 bankruptcy protection after 99.93% of voting interests authorized the Board to pursue a sale of the entire 32-story property and dissolution of the timeshare plan. The 43-year-old tower located at 100 S. North Carolina Avenue is now looking to sell.

Why it matters

The Skyline Tower Resort has been a fixture in Atlantic City for over four decades, but the timeshare model has struggled in recent years as consumer preferences have shifted. This bankruptcy filing and planned sale represents the end of an era for the resort and raises questions about the future of timeshare properties in the region.

The details

The Skyline Tower Resort Vacation Condominium Association filed for Chapter 11 Subchapter V bankruptcy protection in November 2025 after an overwhelming majority of voting interests, 99.93%, authorized the Board to pursue a sale of the entire 32-story property and dissolve the timeshare plan. The 43-year-old tower is located just one block from the Atlantic City boardwalk at 100 S. North Carolina Avenue.

  • The Skyline Tower Resort Vacation Condominium Association filed for Chapter 11 bankruptcy protection in November 2025.
  • In November 2025, 99.93% of voting interests authorized the Board to pursue a sale of the entire property and dissolve the timeshare plan.

The players

Skyline Tower Resort Vacation Condominium Association

The condominium association that owns and operates the Skyline Tower Resort in Atlantic City, New Jersey.

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What’s next

The bankruptcy court will oversee the sale process for the Skyline Tower Resort property.

The takeaway

The planned sale of the Skyline Tower Resort represents the decline of the timeshare model in Atlantic City, as consumer preferences have shifted away from this type of vacation ownership. The bankruptcy filing and dissolution of the property's timeshare plan marks the end of an era for this long-standing resort.