12/28/2023 0 Comments Millennium tower sinking picturesA recent investigation by The New York Times shows that only three of New York’s 25 tallest buildings – and none of them are on Billionaire’s Row – have passed the city’s safety requirements. But it’s not the only skyscraper on Manhattan’s “Billionaires’ Row'' to pose potential safety risks. Service charges in the building have rocketed from $1,200 five years ago to $15,000 a year – this includes subsidising the in-house restaurant with a Michelin-starred chef – and residents’ insurance premiums have shot up by a reported 300%.Īn engineering consultant hired by the board of unit owners describes 432 Park Avenue’s problems as “life safety issues”. And when a contractor accidentally drilled into the wiring while trying to fix a leak, the ensuing breakdown of the air con system took $1.5m to repair. When rubbish plummets down the chutes of this pencil-thin, 1400 ft-tall tower, it’s like a bomb has gone off, according to one resident. The building sways in high winds, and there’s a constant clanking and creaking like a ship’s galley. Regular floods, leaks and lift breakdowns that leave residents trapped for hours are among the litany of complaints. Now, residents are suing the building’s developers, CIM Group and Macklowe Properties, for $125m in damages, citing 1,500 construction and design defects that have seen their repair bills and blood pressure shoot through the roof. Living the dream has turned somewhat hellish for the skyscraper’s super-rich home-owners (who briefly included Jennifer Lopez and Alex Rodriguez, before they split up and sold up). While studies reported the building showed "no evidence of life-safety concerns," people expressed worry about the potential damage an earthquake could have on the tower.The billionaire residents of 432 Park Avenue – the world’s tallest residential tower, when it was built in 2015 – must rue the day they bought into the pinnacle of Manhattan’s super-skinny, sky-high living. Hundreds of concerned residents sued the developers and designers of the skyscraper in 2016. "While some of the settlement and tilting that has occurred in recent months could have been avoided by halting construction earlier, neither the building's safety or functionality have been affected and the project team gathered valuable information on the causes of this settlement as construction progressed," Hamburger told WPIX in a statement. The project's lead engineer, Ron Hamburger, told the news station in a statement that they could have avoided further sinking and tilting if they'd paused construction sooner. AP/Eric RisbergĮngineer logs and internal emails obtained by the local CBS affiliate, and verified by Pyke, showed that accelerated sinking of the building started in May, but construction carried on. Residents stand inside their home on the 42nd floor of the Millennium Tower in San Francisco. Robert Pyke, a geotechnical engineer, told local news station KPIX that the $100 million project to fix the sinking should have been stopped long before it was halted in August. Now, the luxury condo skyscraper is tilting about 22 inches to the northwest, SFGate reported on Thursday. Since opening in 2009, the $350-million Millennium Tower had already sunk 17 inches when the construction paused in late August after engineers determined the building had sunk another inch despite attempts to strengthen the foundation, Insider previously reported. Repairs to stop the 58-story Millennium Tower in San Francisco from sinking instead made it sink even more. The luxury condo skyscraper is currently tilting about 22 inches toward its northwest corner. The issue could have been avoided if construction was halted sooner, according to multiple reports. Repairs to stop the 58-story Millennium Tower in San Francisco from sinking instead made it worse. Stephen Lam/San Francisco Chronicle via Getty Images The Millennium Tower is seen in San Francisco, California, on Aug.
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