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The 'Skyscraper Curse' Claims a New Victim

  • Elevator malfunction prompts Lotte to delay opening two weeks
  • Chaebol founder, executives also facing corruption charges
The Lotte Corp. World Tower stands in Seoul, South Korea, on Monday, March 13, 2017.
Photographer: SeongJoon Cho/Bloomberg
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The glass-bottomed observation deck sitting 118 stories up in the Seoul sky isn’t for the faint of heart. That condition would apply to the tower’s builder, the beleaguered Lotte Group, as well.

After almost seven years of planning and 4 trillion won ($3.6 billion) in spending, the conglomerate is preparing to unwrap its Lotte World Tower to the public. The building boasts some record-setting amenities: highest glass floor at the top of a building and highest swimming pool.