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

visibility comment0 event July 10, 2026 timer 13:31

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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

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#NYC #HighRise #News

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