![]() The board alleges a variety of problems with the building, including “life safety” issues. Residents said on several occasions they were trapped in elevators for hours after the building’s sway caused them to stall. Most NYC supertall residences reportedly lack final safety certifications.Vornado’s 220 Central Park South approaches $3B in total sales.432 Park Avenue is doing just fine, thanks.The suit said the building’s movement caused overwhelming noise and floods from defective plumbing caused damage in 35 units and common areas. “Of course, like any other skyscraper, 432 Park’s sophisticated symphony of systems needed to be fine-tuned when residents began to move into the building,” the developer said. However, CIM claimed the board repeatedly prevented the developer “from accessing the building and finishing the job.” The firm also took issue with the board’s “an ever-increasing list of demands,” the majority of which were not required under the building’s design, code or governing legal document. ![]() THE DOWNSIDE SUPERTALL LEAKS CREAKS BREAKS CODE As a result, the developer says, the complaint should be dismissed. The filing is the latest for the closely watched skyscraper, which opened in 2015 to much interest in its striking design and sky-high price points. That attention turned to controversy after The New York Times detailed tenants’ gripes in a February story titled “The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks.”ĭespite the building’s reported issues and the board’s subsequent legal action, the condo tower has remained popular with wealthy clientele, according to recent sales and agents who previously told The Real Deal the controversies haven’t hurt interest in available units. ![]()
0 Comments
Leave a Reply. |