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Metroloft

All articles tagged with #metroloft

MetroLoft Faces Multimillion-Dollar Suit Over Buckling Manhattan Tower
real-estate1 month ago

MetroLoft Faces Multimillion-Dollar Suit Over Buckling Manhattan Tower

MetroLoft, the developer behind the 443 Greenwich St. luxury conversion that buckled this week, is facing a $350 million-plus lawsuit alleging life‑threatening shortcuts and multiple structural and safety defects across three NYC properties; a separate suit involves Timberlake and Biel over flooding at 443 Greenwich, while inspectors report dozens of open violations across MetroLoft projects, including an emergency stop order at the Pfizer HQ conversion as the company presses on with its skyline-altering renovations.

Midtown Manhattan high-rise stabilized as investigators probe buckled columns
local1 month ago

Midtown Manhattan high-rise stabilized as investigators probe buckled columns

A Midtown Manhattan high-rise formerly Pfizer HQ buckled due to extra load from added upper floors and was evacuated. Crews have installed temporary shoring and are stabilizing the structure while a city DOB-led investigation determines the cause and how to prevent recurrence. The developer says the building is stabilized and will be rebuilt without delaying overall delivery. Four nearby buildings remain evacuated, and unions are raising concerns about non-union labor on the project.