Waiea, a luxury 36-storey beachfront tower where units cost up to $36m, have received a $116.5m payout to cover the cost of repairs after they sued the building contractor, Nordic PCL Construction, for more than 100 defects.
Problems included loud noises emanating from the walls and cracks in the swimming pool. As attorney Kenneth Kasdan wrote in the homeowners’ complaint: “Instead of being one of the most sophisticated, luxurious buildings in Honolulu, Waiea is riddled with dozens of construction defects, several of which have marred its reputation and market value.”And then there’s the leaning tower of San Francisco – not a tourist attraction, but the fate of the 58-storey Millennium Tower, which was built on sand rather than bedrock and.
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