The tower suffered from poor sales after its opening in 2008, and subsequently entered foreclosure.

Other attendees included Steve Wynn, Ryan Seacrest, and Mickey Rourke.

[9] In November 2008, istar Financial, the tower's construction lender, foreclosed on the property.

[1] In January 2011, Panorama North was renamed The Martin as part of a marketing strategy to increase sales in the tower.

[1] Improvements totaling $3 million were made to the tower, including a redesigned lobby with a library, and lounges at the pool.