Crane death payouts are cut by $60M

A STATE APPEALS court has slashed the payout for the deadly 2008 crane collapse in the Upper East Side to $35 million from $95 million.

The Manhattan-based ruled Tuesday that the jury award in August 2015 to the families of two workers who died in the accident was excessive.

The decision did note that construction magnate James Lomma (photo inset), who was found liable, made a series of “calculated decisions” over several months that caused the crash.Nate Marmur, an attorney for Lomma, indicated he will pursue further appeals of the judgment. court