432 Park Avenue Problems: Timeline, Lawsuits, and What NYC Luxury Buyers Must Know in 2025
Last updated: December 12, 2025 | Changelog: Added April 2025 fraud lawsuit details; updated market price trends and listing data through December 2025. TL;DR: 432 Park Avenue — a 96-story supertall opened in 2015 — now faces multiple defect lawsuits alleging thousands of façade cracks, widespread water infiltration, frequent elevator failures, and large special-assessment exposure….
