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 moreImages From Space Show San Fran Tower Sinking Faster Than Expected
Photo: ESA SEOM INSARAP study / PPO.labs / Norut / NGU. Red dots show areas that are sinking, green indicates no movement. The Millennium Tower is pictured in the center.
San Francisco’s luxury high-rise condo tower has received plenty of bad news recently and the building and its developers are entwined in plenty of lawsuits. Since the Millennium Tower’s grand opening in 2009, the building has sunk around 16 inches and is even tilting several inches to the northwest. This news has residents worried that their home is valueless and has fingers being pointed every which way. Recently released satellite images show that the situation may not be getting better, either.
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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