Condo owners sue over New York skyscraper they say is riddled with ‘thousands of severe cracks’ | News Channel 3-12

The 432 Park Avenue was, for a while, the highest residential tower in New York. Designed for a luxury clientele, the skyscraper is targeted by numerous complaints from owners. The owner denies the charges.

Condo owners sue over New York skyscraper they say is riddled with ‘thousands of severe cracks’

Apartment owners claim the super-skinny tower’s developers failed to disclose the extent of damage that has resulted in flooding and impacted the value of their multimillion-dollar properties.

The developers of 432 Park Avenue, a luxury New York skyscraper where Jennifer Lopez is said to have an apartment, are facing a lawsuit for “extensive fraud.” Residents are complaining that significant defects, including “thousands of serious cracks,” were concealed in the building’s facade.

The owners of apartments in a luxury New York apartment building sued the developers in April for a series of construction defects that they discovered in the building. They accuse them of "far-reaching fraud". This is not the first lawsuit concerning the building. The latest complaint shows that the skyscraper has, among other things, many cracks. The residents are demanding a huge compensation - reports CNN.