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WWE scion sues building over penthouse problems

The Cobblestone Lofts and Shane McMahon in the ring

The Cobblestone Lofts and Shane McMahon in the ring

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Shane McMahon, son of World Wrestling Entertainment CEO Vince McMahon, occasional professional wrestler and chairman of pay-per-view platform YOU on Demand, filed a complaint in state Supreme Court this week regarding structural defects on the exterior of his luxe Tribeca penthouse condo. The complaint, filed with his film producer wife Marissa McMahon, targets their building, the Cobblestone Lofts at 28 Laight Street; its managing agent, the Andrews Organization and several yet-to-be-identified design firms and construction organizations. It asks that damages be determined at trial, but pegs the claim at no less than $50 million plus interest.

The case focuses on water leaks from various points of their penthouse, which they claim caused the growth of “certain toxic, airborne contaminants” inside the unit, according to the complaint. The purported contamination gave the McMahons and their three young children severe respiratory ailments, they claim in the court documents. In addition, it has also caused a potential $5 million-plus loss in property value and over $130,000 in damage to furniture, clothing, artwork and appliances, they maintain. The family has some personal possessions with them in their current rental home, but the bulk of their property remains in storage facilities, where rent costs upward of $5,000 monthly.

The McMahons, who StreetEasy shows purchased their home in 2001 for $3.9 million, resided in the 3,860-square-foot penthouse beginning in 2002, vacating in May 2012.

“The McMahons have been forced to evacuate … and incur monthly living expenses of approximately $15,000 at a rental apartment,” the complaint reads. They will not be able to return to their home “until the deficient conditions that have caused and will continue to cause damage related to water penetration and infiltration into [the home] are remedied.”

A message to YOU on Demand seeking to contact McMahon was not immediately returned. His wife could not immediately be reached for comment. Their attorney, Michael Gordon of Manatt, Phelps & Phillips, LLP, did not immediately respond to a request for comment.

The McMahons’ penthouse, Unit PHS, was tacked on top of the then-six story building around 2001, according to the documents. Among the alleged defects caused by the claimed shoddy work are a deficient roof, metal siding in poor condition and an aluminum and glass wall that’s in bad shape. The plaintiffs claim that they discovered the issues at an unspecified date after they moved in, and that they gave the condo and Andrews timely notice of issues, but received no response. Moreover, the McMahons claim that the building, its managers and the firms who added the penthouse turned a blind eye to the work performed.

The building’s property manager did not immediately respond to an email seeking comment. John Morio of Wilson Elser, the attorney who sources said represents the defendants, declined to confirm his involvement in the case.

The complaint claims that both the condo and its managing entity have the duty under New York Multiple Dwelling Law to properly maintain the building’s common elements — in this case, the exterior envelope around the penthouse. It also lists breaches of failed construction oversight.

There’s currently one sale in contract at the building: a three-bedroom, three-bathroom apartment that was listed for $4.1 million, StreetEasy shows. — Zachary Kussin