In August of 2016, it was discovered that a luxury high rise condominium complex in San Francisco, which houses several celebrities, was sinking and leaning considerably. The 58-story Millennium Tower contains home that range in value of anywhere from $1.6 million to $10 million. Since the discovery, fingers have been pointed in all directions and several lawsuits have been filed.
Read moreUPDATE: Sinking San Francisco Tower “Safe to Occupy,” Per Building Inspector
The saga continues in one of the biggest construction stories of 2016, the sinking and tilting Millennium Tower of San Francisco. When we last updated readers in December, satellite images from the European Space Agency had not only confirmed that the tower has sunken considerably, but that it also hasn’t stopped sinking yet. Meanwhile, residents living in the tower are worried about their safety and the value of their homes.
Read moreA $350 Million High Rise Condo in San Francisco is Sinking, Tilting its Way Towards a Lawsuit
The Millennium Tower (far right)
Imagine buying a condo for millions of dollars only to find out that the building the surrounds it has sunk over a foot and has tilted 2 inches. You probably wouldn’t feel too good about your purchase, would you? The Leaning Tower of Pisa (or, as I thought it was called when I was 7, “The Leaning Tower of Pizza”) wasn’t supposed to lean either, but they were able to turn lemons into lemonade and make it into a gigantic tourist trap. That’s a luxury that I’m not sure the Millennium Tower in San Francisco has, unfortunately.
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