![]() ![]() Jennifer Lopez and Alex Rodriguez bought a 4,000-square-foot apartment there for $15.3 million in 2018, and sold about a year later. The 96th floor penthouse at the top of the building sold in 2016 for nearly $88 million to a company representing the Saudi retail magnate Fawaz Alhokair. The building, a slender tower that critics have likened to a middle finger because of its contentious height, is mostly sold out, with a projected value of $3.1 billion. The disputes at 432 Park also highlight a rarely seen view of New York’s so-called Billionaire’s Row, a stretch of supertall towers near Central Park that redefined the city skyline, and where the identities of virtually all the buyers were concealed by shell companies. ![]() New and used items, cars, real estate, jobs, services, vacation rentals and more virtually. The Down Side To Life In A Supertall Tower: Leaks, Creaks, Breaks James Crugnale via 432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate. Engineers privy to some of the disputes say many of the same issues are occurring quietly in other new towers. The Downside to Life in a Supertall Tower: Leaks, Creaks. The tower only has one apartment per floor, so at least that's one thing they don't need to worry about. Making apartment buildings highly insulated sound-wise is old science, not magic. The Down Side to Life in a Supertall Tower: Leaks, Creaks, Breaks FebruThe 96th floor penthouse at the top of the building sold in 2016 for nearly 88 million to a company representing the Saudi retail magnate Fawaz Alhokair. 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. The tower at 432 Park Avenue, far left, became the tallest residential building in the world in 2015. It took some heavy crashes on the floors above for you to hear the dull thud.
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