I can speak to this from personal experience as I lived on the 44th floor of a 67-storey tower in Toronto's Entertainment District for a year and half. This problem is not isolated to New York and is actually already affecting condos in Toronto. What's most disconcerting is that an independent study by an engineering firm "showed that 73% of the mechanical, electrical & plumbing components observed failed to conform with the developer's drawings, and that almost a quarter "presented actually life safety issues". The issues stemming from high winds not only affect the elevators but also causes the walls to creak as the metal partitions rub against each other.Īs a result of all of these issues, the maintenance fees increased by nearly 40% in one year to cover the necessary costs & additional insurance needed for the building.
There was even one instance where a resident was stuck inside the elevator for over an hour as high-winds had caused the cables to slap against the walls of the elevator shaft. In addition to this, there have been constant issues with the 10 elevators which service the 85 storeys. Though marketed as a super-luxury building, there have been millions of dollars in water damage from plumbing/mechanical issues that stemmed from the buildings immense height. The New York Times released an article titled "The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks" in February of this year which highlighted the continuous problems the building has experienced since construction was completed in December 2015. 432 Park Ave offers stunning views of Central Park Major cities like New York, Dubai and Toronto have seen an explosion in growth of condo buildings above 75 storeys over the past decade with little sign of slowing down.īuildings such as 432 Park Ave on New York Billionaire's Row were seen as the shining pinnacle of luxury living in our modern society with penthouse units selling for upwards of $80 million & a total project sell-out value of roughly $3.1 billion.Īt 1400ft tall, this 85 storey building has unfortunately become an example of what can go wrong when you build too high.
The fascination with super-tall buildings has become a world-wide phenomena that seems to be reaching ever higher & higher.
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