Story Details

  • The Leaning Tower of New York

    Posted: 2025-02-04 14:28:04

    The New Yorker article discusses the ongoing legal battle surrounding 432 Park Avenue, a supertall luxury skyscraper in Manhattan. The building suffers from numerous, serious structural defects, including swaying, creaking noises, and malfunctioning elevators, all stemming from its slender design and cost-cutting measures during construction. Residents, some of whom paid tens of millions for their apartments, are embroiled in a lawsuit against the developers, CIM Group and Macklowe Properties, alleging fraud and breach of contract. The article highlights the clash between the aspirational symbolism of these supertall structures and the flawed reality of their construction, raising questions about the future of such ambitious architectural projects.

    Summary of Comments ( 36 )
    https://news.ycombinator.com/item?id=42932747

    HN commenters discuss the precarious financial situation of many supertall, luxury skyscrapers in New York City, echoing the article's concerns. Several highlight the inherent risk in developing these buildings, citing the long timelines, high costs, and dependence on fickle global markets. Some point to the broader issue of overbuilding and the potential for a real estate bubble burst, while others criticize the tax breaks given to developers and the lack of affordable housing options being created. The design of 432 Park Avenue, the building focused on in the article, is also discussed, with some finding its slenderness aesthetically displeasing and others speculating on the engineering challenges it presented. A few commenters expressed skepticism about the severity of the problems outlined in the article, suggesting that the issues are either overblown or typical of high-end construction.