Formerly an unoccupied apartment building, Random Haus was touted as a gay-friendly development in which fractional units were sold or rooms rented as a luxury hotel. However the likely success of the venture always seemed dubious given the prices charged and the fact that after the hotel opened work began on the Cameron development across the road.
The new owner is reported to be returning the building to its previous use as apartments with prices ranging from $2,500 per month for a one year lease and $3,000 per month for shorter periods. Hotel rooms will still be offered in the interim period as the building transitions to apartments.
Let's hope this venture is more successful than the last.