Ultra-wealthy New York City condo owners are suing their building's developer and its contractors for allegedly ignoring major structural issues at their luxury skyscraper. Residents at 432 Park Avenue have long complained about alleged faulty elevators, leaking plumbing and noise issues, filing an initial suit against developers in 2021. But while pouring over documents for that suit, the condo board said they found more evidence of wrongdoing. They now claim that CIM Group and other developers at the 1,400-foot tall luxury tower on Manhattan's Billionaire's Row committed 'deliberate and far-reaching fraud' by failing to disclose early cracks in the façade that could cause structural issues, the New York Times reports.
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