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Real Estate

Video: A Tower on Billionaires’ Row Is Full of Cracks. Who’s to Blame?

By 1 min read

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new video loaded: A Tower on Billionaires’ Row Is Full of Cracks. Who’s to Blame?

Designed to be the crown jewel of Billionaires’ Row in New York City, the supertall tower at 432 Park Avenue is now facing serious problems. Stefanos Chen, a reporter for The New York Times’s Metro section, describes why the decade-old condo skyscraper is likely to need a nine-figure renovation. What went wrong?

By Stefanos Chen, Edward Vega and June Kim

October 19, 2025

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Stefanos Chen, Edward Vega and June Kim

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ReportWire

ReportWire newsroom contributor.

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