![]() Engineers privy to some of the disputes say many of the same issues are occurring quietly in other new towers. The driver may have unintentionally overheated the new brake pads to the point where the brake pads developed a glaze from overheating, which does cause squeaks. Since February, when problems at 432 Park exploded into public consciousness in a New York Times story titled, The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks, only two. Less than a decade after a spate of record-breaking condo towers reached new heights in New York, the first reports of defects and complaints are beginning to emerge, raising concerns that some of the construction methods and materials used have not lived up to the engineering breakthroughs that only recently enabled 1,000-foot-high trophy apartments. Developer CIM Group hit back at an explosive lawsuit from the condo board at 432 Park Avenue, its luxury supertall where residents have alleged widespread construction defects. The claims include millions of dollars of water damage from plumbing and mechanical issues frequent elevator malfunctions and walls that creak like the galley of a ship - all of which may be connected to the building’s main selling point: its immense height, according to homeowners, engineers and documents obtained by The New York Times. Six years later, residents of the exclusive tower are now at odds with the developers, and each other, making clear that even multimillion-dollar price tags do not guarantee problem-free living. The building and nearby towers are able to. Abramovich and her husband, Mikhail, retired business owners who worked in the oil and gas business, bought a high-floor, 3,500-square-foot apartment at the tower for nearly 17 million in 2016, to have a secondary home near their adult children. About a quarter of its 88 floors will have no homes because they are filled with structural and mechanical equipment. ![]() The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns. The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks - The New York Times () Ms. 432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate.
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