Home to some of the city's most famous athletes and industry chiefs, the Millennium Tower could soon be home to a protracted and expensive legal battle.
"The Millennium Tower, a leading symbol of San Francisco’s new high-rise and high-end living, is sinking — setting the stage for what could be one of the most contentious and costly real estate legal battles the city has ever seen," according to an article by Matier & Ross for the San Francisco Chronicle.
Specifically, "since its completion in 2008, the 58-story building has sunk 16 inches" and "two inches to the northwest." The building is located across the street from the Transbay Transit Center and the site of the new Salesforce Tower. Condominiums in the building go from $2 million to $10 million.
According to the article, the Millennium Tower's homeowners association is gearing up for a likely legal battle, hiring engineering consultants and considering legal options. The homeowners association, "cited any number of parties that could be held 'legally accountable' — including the developer, the high-rise’s designers, the contractors and the Transbay Joint Powers Authority, which is run by San Francisco, AC Transit, Caltrans and the agency that operates Caltrain," according to Matier & Ross.
FULL STORY: SF’s landmark tower for rich and famous is sinking and tilting
San Francisco's Transbay Transit Center Open, When Will Trains Arrive?
To great fanfare, the Salesforce Transit Center opened on Saturday to thousands of visitors anxious to see the huge facility. Sunday was quieter, with the first AC Transit buses arriving on the third-floor bus deck. Train arrivals: TBD.
Cloud Computing Company Will Have its Name in the Clouds above San Francisco
It is only fitting that Salesforce, whose logo is a cloud, won the naming rights to what will be the West Coast's tallest building when completed in 2017 where they will lease half the space. When the fog rolls in, that's all the workers will see!
Report: Rebranding Needed for Next Phase of the Transbay Transit Center
A team of experts suggests that a rebranding and potentially a new entity to oversee construction will be necessary to finish phase two fo the Transbay transit center.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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