Great song. My interpretation is a little different. It seems to me like he's with a girl who he thought would change or that he would be able to influence her to change, but she didn't; or she's given up on trying to change ("reach for the sky - I thought you never would"). And as a result he knows he's going to have to leave her, but he's afraid and is putting it off and just keeps "faking" those feelings that he still loves her or cares about her. He's pretending everything is fine, but he's waiting for the right time ("i'm open for a new way") to end it.
Great song. My interpretation is a little different. It seems to me like he's with a girl who he thought would change or that he would be able to influence her to change, but she didn't; or she's given up on trying to change ("reach for the sky - I thought you never would"). And as a result he knows he's going to have to leave her, but he's afraid and is putting it off and just keeps "faking" those feelings that he still loves her or cares about her. He's pretending everything is fine, but he's waiting for the right time ("i'm open for a new way") to end it.
Just my two cents.