Residents of Troubled Supertall Tower Seek $125 Million in Damages
Herrick partner, Jonathan Adelsberg was quoted in The New York Times coverage of the lawsuit from the condominium board members of 432 Park Avenue against the developers of the building. The board is suing the developers for construction and design defects that have led to floods, faulty elevators and electrical explosions.
The article states that, "The damages include the estimated cost to repair some 1,500 construction and design defects in common elements of the building that were identified by an engineering firm hired by the condo board; it does not include potential punitive damages, or separate lawsuits that individual residents might file."
The article continues, "The damages could rise, said Jonathan Adelsberg, a partner at Herrick Feinstein, which is representing the condo board, which residents took over from the sponsor in 2020."
Jonathan is quoted as saying, "It’s almost like peeling an onion," referring to defects that may yet be uncovered. "This is a work in progress in ascertaining what’s wrong."
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