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Condo Automation Company, HTI, Kaput?

By June 4, 2009


A year ago I wrote about HTI Technologies a company that does all sorts of high tech additions for condos and homes like automated shades, home automation, fancy TV+stereo setups, etc. In fact, they’re the preferred vendor for buildings like Lincoln Tower, 1521, the Vulcan projects, Olive 8, Brix, Equinox, Gallery and the list goes on.

I’m hearing that the company went bankrupt today and were taken over by the bank. The tip comes from a reader who has heard this from a number of sources. I’ve tried to independently confirm the rumor but haven’t be able to yet.

If it’s true, this will leave a number of condo owners and developers who paid for upgrades in the lurch.

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