""I hope I get ten more listings," says Claire Groome, an agent with Sotheby's. Earlier this month, Groome closed a sale at No. 432 for a two-bedroom, two-and-a-half bath at just a hair shy of $8.7 million. "I had no problem selling," she says of the property, which went for 17 percent below the initial listing price. "I had it on for less than six months, and I had several offers.""
""The way it's run - the staff are super, the concierge, they do everything for you," she says. It's got a great restaurant and "as opposed to all the other super-talls ... there are some people who have apartments they use as pied-à-terres there, but there are a lot of people who live there.""
""All these super-talls have problems," she says. "They just don't all get the kind of press that 432 does.""
432 Park is experiencing severe structural problems, including broken elevators and noisy trash chutes, leading to lawsuits against its developers. Despite these issues, some brokers report successful sales, with one agent closing a deal for $8.7 million, albeit at a reduced price. The building is described as having excellent staff and amenities, attracting both full-time residents and part-time users. While the negative press is notable, other luxury buildings face similar challenges without the same level of scrutiny.
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