Recently, a contractor who was trying a 'band-aid' fix for water filtration issues drilled through the building's concrete foundation. They also allege 'severe flooding and widespread water damage.' Residents had to be rescued after becoming trapped in elevators for hours because they were programmed to slow down when high winds hit the 1,400 ft building, according to the lawsuit. Members of the condo and commercial board are now demanding $250 million dollars from developers and calling the building one of 'the worst examples of sponsor malfeasance in the development of a luxury condominium in the history of New York City,' according to a lawsuit filed Thursday in New York Supreme Court. The super-thin commercial and residential building at 432 Park Avenue, completed in 2015, was the tallest residential building in the Western Hemisphere for a while. Ultra-rich Manhattanites who paid as much as $88 million to live in a 102-story skyscraper in 'Billionaire's Row' are suing developers for shoddy construction which has led to water leaks, elevator failures and at least one electrical explosion that threw a contractor 'several feet through the air.' He sued developer Harry Macklowe after he refused to return his $11 million depositīy Adam Manno and Ariel Zilber For In 2016, tequila mogul Juan Beckmann Vidal backed out of buying a $46 million pad on 86th floor after flooding.Among the most famous residents were Alex Rodriguez and Jennifer Lopez, who paid $15.3 million for a unit.A contractor was thrown 'several feet through the air' after drilling into wiring and causing an explosion.The trash chute sounds like 'a bomb' when it's used, residents say, and building vibrations are 'intolerable'.Residents have had to wait hours after they get 'trapped' inside when the elevator suddenly shuts down.Its height makes it vulnerable to strong wind gusts that cause it to sway and elevators to slow down.

The 1,400ft tall building was briefly the tallest residence in the world after it was finished in 2015.They sued the sponsor, which includes developers CIM and Macklowe, in NY Supreme Court on Thursday.Residents of 432 Park Avenue say the skyscraper has been plagued by leaks, cracks, explosions, and noises.Super-rich residents sue developers of NYC skyscraper on 'Billionaires' Row' - once home to JLo and A-Rod - for $250 MILLION after litany of problems, including electrical explosion that left them without power and 'horrible' inexplicable noises

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