Developer of buckling NYC high-rise faces $300M lawsuit over other building

By CNN

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As builders work to shore up a NYC skyscraper, the developer is facing a $300 million lawsuit over a separate property. Court records show the lawsuit is tied to allegations of ‘defects and code violations’ at another property in Manhattan that was converted into high-end residences. The lawsuit claims that condos were ‘riddled with defective and unsafe conditions’, were ‘life threatening’ and had roofs and walls that were ‘literally falling apart.’ 0:00 Next steps unclear for NYC high-rise with buckled columns 0:44 CNN's Gloria Pazmino with update on efforts to shore up building 1:39 Project's developer facing $300M suit from condo board at another building over "defects" 2:54 CNN's Samantha Delouya on the challenges of office-to-residential conversions 6:16 Omar Jimenez reports from the scene on the installation of shoring and beams to stabilize the building Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr #NYC #HighRise #News

Tags: news, cnn, c.n.n., high rise, high-rise, highrise, building, condo, condos, pfizer, offices, office, commercial, residential, skyscraper, nyc, manhattan, new york, new york city, midtown

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