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When luxury leaks

Not long after closing on a $ 28.5 million pad at 56 Leonard last spring, the new owner had a problem. More than one, actually. The master bathroom allegedly had poor caulking, the deadbolts weren’t working properly, and the apartment’s oak floors were starting to warp. When the owner’s contractor tore up the floor, he discovered three layers of wood under the oak — which appeared to have been laid “to conceal defects underneath,” according to […]

The Real Deal New York

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