Camelot faced significant challenges when a main sprinkler water line burst during President’s Day Weekend, flooding 16 units from the penthouse to the basement. This incident revealed severe construction defects and resulted in a 24-month legal battle due to uncooperative insurance. Camelot oversaw the reconstruction, coordinated with a public adjuster, and hired a law firm to sue the developer for the defects, working closely with the Board, legal advisors, engineers, and contractors to secure compensation.

• Location: Bowery, Manhattan.
• Neighborhood: Trendy with shops and restaurants; near Hudson River.
• Developed by: VE Equities; designed by Morris Adjami.
• Architecture: Cast iron tribute; elegant lobby with 11-foot ceilings.
• Amenities: Virtual concierge, super, keyed elevator access. – Incident: February 15, 2016

• Frozen fire sprinkler pipe burst, flooding units with over 80,000 gallons.
• Board Allegations: Improper insulation caused flooding and uninhabitable conditions.
• Additional Problems: Leaky bathrooms, inadequate waterproofing, mold growth.
• Construction Defects: Issues with electrical boxes, subflooring, HVAC, fire-stopping, and roof flashing.

• Defect Discovery: Found after flooding; inconsistent with luxury marketing claims.
• Financial Impact: Millions in remediation costs; limited insurance payouts.