In A Heartbreaking Story That Should Surely Elicit A Go Fund Me Campaign, The Residents Of ‘Billionaires' Row,’ One Of The Tallest And Most Expensive Skyscrapers In New York City, Are Unhappy.
Five years ago, 432 Park Avenue was built to house the ridiculously wealthy. One family paid nearly $90 million for a luxury condo. Sadly, it seems that the building is “falling apart,” according to New York Magazine. According to the magazine, ”What was once believed to be a literal pinnacle of high living has turned out to be the most wretched of hellhole.” It’s been alleged that the “$3.1 billion building is falling apart, largely due to its unreasonable height and design flaws.” What’s worse is that the residents, as per New York Magazine, “are dismayed.”
The New York Times said, “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.”
The “fancy tower for billionaires revealed to be a horrifying hellhole,” as residents complain of malfunctions, including one “horrifying incident” when a “high-wind condition” caused a person to be “entrapped” in an elevator. The condo association received complaints about “eerie creaking and groaning noises often resonate in the apartments, and somewhere in the building exists a garbage chute ‘that sounds like a bomb’ when trash is thrown into it.”
One of the developers, the CIM group, said the building “is a successfully designed, constructed and virtually sold-out project” and that they are “working collaboratively” with the condo board, which was run by the developers until January when residents were elected and took control.”
As you can imagine, when uber-wealthy people are mildly inconvenienced “the mood in the building could be described as tense.” The residents complain “that the building is in shambles and that they shouldn’t be forced to cover its myriad problems through insurance and common-charge hikes.” Nobody seems to be happy living there. Sarina Abramovich, who bought a $17 million apartment in 2016 so she and her husband could have a second home close to their children, said, “Everybody hates each other here.”