Exclusive | NYC first luxury spa condo residents fume as board funnels $500K to wealthy members pad for water damage

Well-heeled residents of New York’s “first luxury spa condominium” are fuming after finding out one of their neighbors got a nearly $500,000 payment from the building to revamp her massive, multi-million dollar apartment, The Post has learned.The condo board funneled the roughly half-million dollars from the Upper East Side building’s common fund to repair Gina Abandonato Switzer’s 4,300-square-foot apartment after she reported it had suffered water damage, court documents state.“Lots of Unit owners are very upset about you and Lou paid to your workers $492,000 and want to see a proof [sic],” one neighbor texted Switzer, who is married to Lou Switzer, CEO of interior architecture firm the Switzer Group.“No one would get away with getting $492,000 and not having photos of damage,” the fellow apartment owner at 515 East 72nd St.seethed.The pricey renovations are now the subject of a lawsuit, filed by another building resident, attorney Carl Garnier, in Manhattan Supreme Court this week.The drama at the opulent, amenity-rich 42-story tower — which boasts a 6,000-square-foot spa, a 10,000-square-foot gym, an olympic-sized swimming pool and more — began about two years ago.The apartment owned by the Switzers — who once appeared in The Post showing off her “tricked out” $20,000 grill setup — suffered extensive water damage during facade work in 2023, according to a condo financial disclosure form filed in the case.But the board hasn’t been able to cough up “any invoices, photographs, inspection reports, insurance records, minutes, or evidence of a vote” in connection to the alleged damage or the payout, Garnier wrote in the suit.The suit blames a “breakdown of basic condominium governance” for the board opting to give “nearly half a million dollars to one of its own members without documentation.”It adds that residents only learned about the payment this spring — when the condo board allegedly admitted “only after repeated ...

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Publisher: New York Post

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