Buyer shells out $80M for ritzy NYC penthouse- only to find out a new skyscraper will block stunning Central Park view
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Buyer shells out $80M for ritzy NYC penthouse- only to find out a new skyscraper will block stunning Central Park view
"The lawsuit accuses the Zeckendorfs of a "brazen fraud," claiming they rushed the sale of the penthouse to conceal the impending loss of its famous Central Park view."
"According to the buyer, who is seeking to undo the purchase, the defining feature of the duplex is its unobstructed views of Central Park, now jeopardized by a planned neighboring skyscraper."
A Manhattan Supreme Court lawsuit alleges that real estate developers Arthur and William Lie Zeckendorf deceived a client into purchasing an $80 million Park Avenue penthouse by failing to disclose plans for a skyscraper that would obstruct its view of Central Park. The plaintiff, Park Ave. Condo LLC, claims that the Zeckendorfs were aware of the development project and rushed the sale to avoid losing the deal. The lawsuit seeks to annul the sale of the penthouse, which features luxurious amenities but risks losing its most valued aspect—the panoramic park views.
Read at New York Post
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