![]() Additionally, circular buildings can reduce the energy needed for heating and cooling. They can provide more natural light, better ventilation, and a more open and flexible interior space. ![]() Jennifer Lopez and Alex Rodriguez bought a 4,000-square-foot apartment there for $15.3 million in 2018, and sold about a year later. Answer: Circular buildings have a unique shape that differs from traditional rectangular or square buildings. In that case, it may be more complicated since the problem showed up over a longer period of time and there are more parties involved so the developer blames the city (if I remember correctly), the architect blames the ground and defends their use of whatever stabilization system they chose. The 96th floor penthouse at the top of the building sold in 2016 for nearly $88 million to a company representing the Saudi retail magnate Fawaz Alhokair. The building, a slender tower that critics have likened to a middle finger because of its contentious height, is mostly sold out, with a projected value of $3.1 billion. ![]() Less than a decade after a spate of record-breaking condo towers reached new heights in New York, the first reports of defects and. 432 Park, one of the wealthiest addresses in the world, faces some significant design problems, and other luxury high-rises may share its fate. The disputes at 432 Park also highlight a rarely seen view of New York’s so-called Billionaire’s Row, a stretch of supertall towers near Central Park that redefined the city skyline, and where the identities of virtually all the buyers were concealed by shell companies. The Downside to Life in a Supertall Tower: Leaks, Creaks, Breaks. Engineers privy to some of the disputes say many of the same issues are occurring quietly in other new towers. Less than a decade after a spate of record-breaking condo towers reached new heights in New York, the first reports of defects and complaints are beginning to emerge, raising concerns that some of the construction methods and materials used have not lived up to the engineering breakthroughs that only recently enabled 1,000-foot-high trophy apartments.
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