News has broke that one of the country's most luxe residential towers is sinking and tilting. The story is ongoing, so here's where you can find the most recent updates about one of the biggest stories in San Francisco real estate history.
Hall of Famer calls foul over building’s fall into the pocket after previously teaming with the developer to promote the high-rise condos using Montana’s name.
“Our goal is to recover all the funds that are necessary to fix this building and fix it once and for all and we’re not interested in a temporary fix.”
UC Berkeley engineer who reviewed tower says "My interests went as far as the concrete." Below that, an additional outside expert was needed, but few buildings opt for soil analysis, even though it’s crucial to the foundation design.
Marking the most expensive condominium sale in San Francisco in more than five years, since the $28 million sale of bonkers the St. Regis penthouse, the penthouse inside the Millennium Tower sold this week for a cool $13 million.
In light of news that the Millennium Tower is both sinking and tilting, we haven’t seen much visible proof of the latter, at least to the naked eye. Until now. Or so claims one tenant.
One homeowner decides to shoot for the moon, betting that the appeal of one of the high-rises high-rise penthouses will beat out worries about what's going on 58 stories below.
Even with the building's foundation woes in mind, one buyer felt that a home inside was worth $2.3 million—a half a million dollars more than the last time the same place sold in 2012.
On guard against constant criticism, company behind tilting tower says there's scores of high-profile buildings around the city have foundations just like theirs. The culprit is Transbay construction, Millennium Partners insists, not the tower.
Transbay development insists that it knew about Millennium Tower's sinking foundations before they even broke ground, and then warned Millennium Partners about what was happening. Building management remains unimpressed.
Those with the rotten luck to be selling condos (which are unlikely to be directly affected by the tower's decline) in the building face a tough choice: Cut the price, throw in the towel, or ignore the problems and say full speed ahead.
Noted as San Francisco’s most expensive one-bedroom on the market, this ostentatious gem in the troubled Millennium Tower reduced its price this week, pruning $200,000 off asking.
A week ago, the Chronicle’s Matier and Ross broke news that the sleek structure was sinking upward of 16 inches and tilting every-so-slightly northeast of the in-progress Salesforce Tower. Now the two are back to tell us that things are getting worse.
The ultimate challenge for San Francisco's luxury condo market: How do you sell seven-figure units in a building that's dipping into the earth? The Millennium Tower is not literally falling down, but sellers are presumably more motivated this week.
In fact, that's why it's sinking. Planting a few hundred thousand tons of unmoored concrete onto loose landfill is probably only going to have one outcome.
After Monday’s news story broke, "What’s the Millennium Tower? And why should I care?" Here are ten helpful tidbits you should know about Yerba Buena’s most prestigious high-rise in peril.
When news broke about Millennium Tower’s unprecedented sinking and tilting, due in part to the fact that the megastructure is not secured into bedrock, many people wondered: Who on earth doesn’t build into bedrock, especially in San Francisco?
In light of the breaking story about the Millennium Tower sinking and tilting into the earth, 181 Fremont had their real estate firm issue a statement. They want to make one thing very, very clear.
On the heels of today’s jarring news that the tony Millennium Tower is both tilting and sinking, the Transbay Joint Powers Authority issued a strong, pointed statement denying any and all responsibility for "settlement."
Before it made headlines for rapidly sinking into the earth, the tony Millennium Tower was known as a gorgeous bellwether of the Yerba Buena neighborhood’s refocus on growth and unbridled luxury.
The Millennium Tower, is a symbol of the new San Francisco wealth. The tony high-rise houses such luminaries as Hunter Pence, Joe Montana, and a slew of tech brethren. It’s also sinking.
This one-bedroom, two-bath pied-à-terre in the Millennium Tower looks like the bad guy’s condo from an ‘80s Oliver Stone movie, which we mean in the best way possible.