[WATCH] Why this Slender New York Skyscraper is Scandalizing Billionaires

In the heart of New York City, a city synonymous with ambitious designs and towering structures, a lawsuit has been shaking the foundations of that iconic global image.

432 Park Avenue is one of the newest and most impressive buildings along the entire Manhattan skyline. But now, it has become the most controversial. And we aren’t talking about mere bureaucratic squabbles or issues with funding. This tower faces shocking allegations of unstable construction, and allegations that developers knowingly chose aesthetics over safety.

How could this happen in the most financially powerful city on Earth? How could a high-rise apartment building, designed specifically for billionaires to live in, become a dangerous and dysfunctional structure? Could these allegations really be true?

Today on Looking 4, we’re going to investigate the story of 432 Park Avenue. We’ll trace the dramatic arc of this once-admired building, from its bold beginnings to its unglamorous state today. And we’ll aim to answer the question on everyone’s mind: what went wrong?

[VIDEO] New York's Megaprojects Under Construction In 2025

New York City is undergoing an unprecedented period of construction in 2025, with billions being spent on massive projects that are reshaping its skyline and infrastructure. These megaprojects include the technically ambitious reconstruction of 270 Park Avenue for JP Morgan Chase's new headquarters, the monumental Gateway Program's Hudson River Tunnel aimed at revitalizing a vital transportation corridor, and the modernization of the Port Authority Bus Terminal to serve over 200,000 daily passengers. Additionally, Fifth Avenue is undergoing a strategic redesign focused on pedestrian prioritization and traffic optimization, while the New York City Football Club Stadium is being built on a remediated industrial site in Queens. Manhattan is also seeing the significant vertical construction of 520 5th Avenue, blending commercial, residential, and retail functions, and the transformative multi-phase Essex Crossing development on the Lower East Side. Finally, the Cornell Tech campus on Roosevelt Island is expanding as a state-of-the-art technology and research hub, and the large-scale Manhattan West mixed-use development is being engineered over active rail infrastructure in the Hudson Yards district.