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, according to homeowners, engineers and documents obtained by The New York Times. Six years later, residents of the exclusive tower are now at odds with the developers, and each other, making clear that even multimillion-dollar price tags do not guarantee problem-free living. The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns. "The awarding of this project to this team will send a statement across the globe that architects, developers, engineers and financial professionals of color are now full participants in this great miracle of global capitalism called New York City." "Unfortunately for most of New York's history, African-Americans and people of color have been rendered as mere economic tourists who gaze upward at one of the greatest skylines in the world with the intrinsic knowledge they will never be able to participate in what really makes New York unique," said Rev Dr Charles Curtis, Head of NY Interfaith Commission For Housing Equality. There are plans to house the headquarters of the NAACP's Mid-Manhattan branch within the building. If built, the project would be Adjaye Associates' tallest tower to date, and would also be the second tallest building in Manhattan after One World Trade Center.Īccording to the studio it would be the first skyscraper built by a team of Black architects, developers, lenders and builders in New York City's history. Offices with terraced space would feature in the design
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