One couple who had sold their large family home had hoped to move in by now. But instead they are in temporary accommodation, the source said.
They were moving to an apartment because they thought it would be lower-maintenance than their big family home.
Canam Construction walked off the site at the end of last week, claiming it was owed money. Loukas Petrou, managing director, said yesterday the builder had stopped all work.
Dominique Dowding, Alexandra Park chief executive, yesterday confirmed the builder's departure but did not respond to questions about how late the project was in delivery.
"Basically, we have replaced the contractor on the East Gate site, Canam Construction," Dowding said.
"We now have a new contractor in place, CMP. We believe the project and construction are in good hands and it will be completed as we wanted."
Canam was building between 112 and 118 units at the site near the ASB Showgrounds.
Another developer, Ganellen, is still on site and is building the others.
Stage one of the project is planned to build 246 "high-end apartments" and gross sales by last February had reached nearly $300m, Alexandra Park said last year.
The Auckland Trotting Club confirmed that it had terminated Canam's contract to build the East Gate or Building A within the 223 Green Lane West development.
"This is not a decision we have taken lightly. We have undertaken extensive negotiations with Canam to resolve issues relating to the construction contract, but no resolution has been found," the club said.
"This is one of the largest brownfield developments currently happening in Auckland. We are committed to delivering this exceptional development as quickly as possible for our committed residents, retailers and wider community," it said.
The club said it had full confidence in the delivery of the project.
A special meeting was held with buyers last night.
"While some detail relating to the termination of Canam's construction contract was not able to be divulged due to legal privilege, residents were informed of all matters pertaining to their investment in Building A, and the board is satisfied with the outcome," the club said.
"Auckland Trotting Club wishes to make it clear, contrary to any allegations, that it has complied with its payment obligations under its contract with Canam," the statement said.