

The 96-floor building at 432 Park Avenue, whose construction was completed in 2015, was the second tallest skyscraper in New York City behind One World Trade Center. Uber-wealthy Manhattanites who paid as much as $88million to live in a 1,400ft tall residential skyscraper are now complaining that the building suffers from leaks, flooding, creaking walls, faulty elevators, and rising common charges caused by repairs. He sued developer, Harry Macklowe, after he refused to return his $11million deposit Lawsuit was settled.In 2016, tequila mogul Juan Beckmann Vidal backed out of buying $46million pad on 86th floor after flooding.Building residents have also chafed at rising common charges caused by rising insurance premiums, repairs.This leads to pipes clanging and air flowing through hallways and chutes, making it sound like 'a bomb'.The building's tall structure also makes it vulnerable to strong wind gusts that cause structure to sway.Several residents reported that flooding on multiple floors led to hundreds of thousands of dollars in damage.Now residents say that the building is beset by poor maintenance, including leaks, floods, and loud noise.

A Saudi billionaire purchased the 96th floor penthouse for nearly $88million in 2016.The power couple sold their 4,000 sq ft apartment just a year later for $17.5million, according to records.Among the most famous residents were Alex Rodriguez and Jennifer Lopez, who paid $15.3million for a unit.The 1,400ft tall building was briefly the tallest residence in the world after its construction finished in 2015.Residents of 432 Park Avenue say their residential skyscraper has been plagued by poor maintenance issues.Towering failure: Super-rich residents moan about flooding, creaking walls and faulty elevators at 1,396-ft NYC skyscraper on Billionaire Row where apartments sell for up to $88million and your neighbors include JLo and A-Rod
