Posted on 12.23.21

Developer of 1,396ft NYC megatower on Billionaires’ Row denies the building is faulty in $125 million lawsuit brought by the board over flooding, creaking walls and malfunctioning elevators

Source: https://www.dailymail.co.uk/, December22, 2021
By: James Gordon

The developer of 432 Park Avenue, the tallest apartment building in New York City that sits on Billionaires’ Row overlooking Central Park, has responded to a $125 million lawsuit that was filed by the condominium’s board earlier this year.

The lawsuit alleged that the building suffered from leaks, flooding, creaking walls and faulty elevators. Read more.

Previous

Find a Broker or Underwriter

Search by product, location or name
Report a Claim

RT Specialty employs a team of talented and motivated claims professionals to assist clients on all claims issues. All claims should be submitted to the RT office where the policy originated.

Get Started
https://www.insurancebusinessmag.com/us/best-insurance/best-wholesale-brokers-usa--5star-wholesale-brokers-and-mgas-478736.aspxhttps://www.newsweek.com/rankings/most-loved-workplaces-america-2023https://www.insurancebusinessmag.com/us/best-insurance/best-insurance-companies-to-work-for-in-the-us--top-insurance-employers-2023-453773.aspx

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge