Wind sway can cause the cables in the elevator shaft to slap around and lead to slowdowns or shutdowns, according to an engineer who asked not to be named, because he has worked on other towers in New York with similar issues. A management email explained that “a high-wind condition” stopped an elevator and caused a resident to be “entrapped” on the evening of Oct. THE nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New Yorks luxury condo boom half. Many of the mechanical issues cited at 432 Park are occurring at other supertall residential towers, according to several engineers who have worked on the buildings.Īll buildings sway in the wind, but at exceptional heights, those forces are stronger. The claims include millions of dollars of water damage from plumbing and mechanical issues frequent elevator malfunctions and walls that creak like the galley of a ship - all of which may be connected to the building’s main selling point: its immense height, according to homeowners, engineers and documents obtained by The New York Times. Six years later, residents of the exclusive tower are now at odds with the developers, and each other, making clear that even multimillion-dollar price tags do not guarantee problem-free living. Services Meghna offers include a complete marketing, budget + timeline audit then followed by detailed recommendations to enhance existing efforts + implement new strategies.Ībove all, Meghna understands the evolution of an idea to an actual experience or product and all of the nuances that go into making and keeping it special.The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns. AdvertisementContinue reading the main story432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate.Send any friend a storyAs a subscriber, you have 10 gift articles to give each month. Given the current state of the real estate development market which includes very low absorption and increased timelines due to COVID-19, Meghna is open to pursuing strategic consulting roles with development teams that will need consulting services to reposition their offerings to buyers, agents and renters. In 2020, Meghna founded Butterfly Voyage, a company purely focused on solving the need for innovative curation in the industry. The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns. Meghna loves using her vast network and sense of curiosity to find talented collaborators who possess the skill set + aesthetic required for new development along with companies that are the right cultural fit for development teams. The most exclusive sandal ever made is a Birkenstock-like piece of footwear with an official Birkenstock cork-and-rubber sole, but with a leather upper made. She enjoys being a true team player who prizes thoughtful and respectful communication with everyone. Meghna prides herself on her strong work ethic, sense of integrity, and professionalism. Her past work experience includes roles at Corcoran Sunshine Marketing Group, Douglas Elliman, Stribling Marketing Associates and The Mark Company (now Compass). Meghna Krishna Bondili’s 16+ years of experience in real estate development includes selling, marketing, and branding $2BN of the most prominent buildings at the most notable new development marketing firms in New York and San Francisco. The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks Krin Rodriquez Febru432 Park, one of the wealthiest addresses in the earth, faces some sizeable layout issues, and other luxury significant-rises could share its destiny.
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