Residents of luxury NYC condo sue developer
Source: https://www.constructiondive.com/, October 5, 2021
By: Leslie Shaver
The problems at 432 Park Avenue aren’t new, but the recent suit filed by the condo association ramps up the dispute between residents and the developers.
“Unit owners paid tens of millions of dollars to acquire units,” the plaintiffs said in court filings. “Far from the ultra-luxury spaces that they were promised, however, unit owners were sold a building plagued by breakdowns and failures that have endangered and inconvenienced residents, guests and workers, and repeatedly been the subject of highly critical accounts in the press and social media.” Read more.