![]() ![]() She says there have been several floods in the building - one of which caused $500,000 (£365,000) in damage to her home.Īnother resident, a member of the Beckmann family which owns the Jose Cuervo tequila brand, pulled out of buying a $46.25 million (£33.85 million) apartment, citing a ‘catastrophic water flood’. ![]() That’s how I went up to my hoity-toity apartment.’ Sarina told the New York Times: ‘They put me in a freight elevator surrounded by steel plates and plywood, with a hard-hat operator. ![]() Sarina Abramovich and husband Mikhail, who are based in London and made a fortune in the oil and gas business, were early buyers, paying nearly $17 million (£12 million) for a 3,500 sq ft apartment in the tower as a second home.įirst impressions weren’t encouraging. No wonder the pampered residents are so furious. Hollywood star Jennifer Lopez (pictured above, in January last year) bought a home there but, such is the level of exclusivity, the identities of so many others are hidden in shell companies The worst of the banging, groaning and clicking noises is produced by the communal rubbish chute that ‘sounds like a bomb’ when bags are dropped down it. Some of the billionaires at No 432 are now fighting with the developers - and each other - over myriad issues including millions of dollars in water damage from plumbing and mechanical faults, frequent lift malfunctions and walls that disconcertingly ‘creak like the galley of a ship’. It sits in a cluster of other recently built high-rise residential buildings along the southern end of Central Park that have been dubbed ‘Billionaire’s Row’. Horrified residents are furious and alarmed about the leaks, creaks and swaying, not to mention the frequent problems with the lifts, in a building that is only a few years old and that, one said, continues to be billed to buyers as ‘God’s gift to the world’. Mansion in the sky: 432 Park Avenue, pictured above. When it was completed in 2015, at nearly 1,400 ft it was the tallest residential building in the world ![]()
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