![]() ![]() to toxic substances found in homes can result in chronic health problems. ![]() Not just a little but a lot! Of course, all owners are wealthy. 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. In 1999, eleven million occupied homes in America had interior leaks and 14. Carlos Balza Gerardino Over the last decade, New York City has seen an increase in condominium development in pencil towers that cater to the super-rich, especially along the stretch of 57th Street that has come to be known as Billionaires’ Row. And, have water leaking from the ceiling, get stuck for hours in the elevator, be terrified at night from the howling, swaying building in the wind. The chart below gives more examples of habitability problems versus minor. This building reminds me of the one in SF that Joe Montana purchased in. The Equitable Building (1915), The New Yorker Hotel (1929), and 111 West 57th Street (2021). You can be a billionaire and live in the penthouse overlooking Central Park. keeping basic structural elements of the building, including floors, stairs. For example, if you don't close, we'll just take your deposit and sell it to someone else AND if you do close then you are accepting the unit/building as is. Walls and Ceilings - Drywall pops and creaks when you push on wall. #THE DOWNSIDE TOWER LEAKS CREAKS BREAKS HOW TO#at their disposal yet still chose to move forward.Īlso, sometimes the developers make it very hard on buyers. Includes how to recognize the sources of different ceiling fan problems and fix them. These people have the life experience, intelligence, lawyers, advisors. Some owners showed up, knew there was something wrong, and still closed. Some may have closed after inspection showed some problems. Some owners closed without inspecting the unit/building. 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 sales. I don't know if the remedy should be a refund or just fixing things or what. If we took the dollar amount out of the equation, I think it would be obvious to everyone that the builder/architect/. ![]()
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