3 ms·

Condo prices at SF's beleaguered Millennium Tower drop to as low as $649,000

13 points by randycupertino 2y ago

deleted 2y ago
[deleted]
nadermx 2y ago
"The problem, press representatives previously said, was that 301 Mission had been built on top of sand as opposed to bedrock, lending its infamous tilt. " And now fully anchored to bedrock. Modern engineering for you.
- itisit 2y ago
  And now sinking again. [0] [0] https://archinect.com/news/article/150417670/san-francisco-s-millennium-tower-is-sinking-again-despite-foundational-corrections https://archinect.com/news/article/150417670/san-francisco-s...
upon_drumhead 2y ago
Is it me, or is the "$1,816/mo HOA" fee just insane?
- tomohelix 2y ago
  Pretty common in SF unfortunately. Real estate in SF is completely broken unless you make 7 figures a year. At which point one can join the game to make it even more broken.
- randycupertino 2y ago
  For that low price you get the novelty of getting to watch a marble roll across your floor due to tilt. https://youtu.be/UaEgkt8rGww?si=YuuX7H-7MG81WraC&t=14 https://youtu.be/UaEgkt8rGww?si=YuuX7H-7MG81WraC&t=14
  - lylejantzi3rd 2y ago
    Does the price go down proportionally with the degree of tilt?
- srmarm 2y ago
  Is that just for shared services or does it go towards the costs to repair the bad design?
deleted 2y ago
[deleted]
nknld 2y ago
[flagged]
dredmorbius 2y ago
Meta: In Millennium Towers, as with competing standards, there are 15 to choose from (at this writing): <https://en.wikipedia.org/wiki/Millennium_Tower https://en.wikipedia.org/wiki/Millennium_Tower> (Obxkcd: <https://xkcd.com/927/ https://xkcd.com/927/>) Discovered en route to looking up background on the SF tower, engineering problems, and fix(es): <https://en.wikipedia.org/wiki/Millennium_Tower_(San_Francisco)#Underpinning_Millennium_Tower https://en.wikipedia.org/wiki/Millennium_Tower_(San_Francisc...>
hollerith 2y ago
Are prices also down in buildings adjacent to the Tower?

3 ms·

Condo prices at SF's beleaguered Millennium Tower drop to as low as $649,000

13 points by randycupertino 2y ago

deleted 2y ago
[deleted]
nadermx 2y ago
"The problem, press representatives previously said, was that 301 Mission had been built on top of sand as opposed to bedrock, lending its infamous tilt. " And now fully anchored to bedrock. Modern engineering for you.
- itisit 2y ago
  And now sinking again. [0] [0] https://archinect.com/news/article/150417670/san-francisco-s-millennium-tower-is-sinking-again-despite-foundational-corrections https://archinect.com/news/article/150417670/san-francisco-s...
upon_drumhead 2y ago
Is it me, or is the "$1,816/mo HOA" fee just insane?
- tomohelix 2y ago
  Pretty common in SF unfortunately. Real estate in SF is completely broken unless you make 7 figures a year. At which point one can join the game to make it even more broken.
- randycupertino 2y ago
  For that low price you get the novelty of getting to watch a marble roll across your floor due to tilt. https://youtu.be/UaEgkt8rGww?si=YuuX7H-7MG81WraC&t=14 https://youtu.be/UaEgkt8rGww?si=YuuX7H-7MG81WraC&t=14
  - lylejantzi3rd 2y ago
    Does the price go down proportionally with the degree of tilt?
- srmarm 2y ago
  Is that just for shared services or does it go towards the costs to repair the bad design?
deleted 2y ago
[deleted]
nknld 2y ago
[flagged]
dredmorbius 2y ago
Meta: In Millennium Towers, as with competing standards, there are 15 to choose from (at this writing): <https://en.wikipedia.org/wiki/Millennium_Tower https://en.wikipedia.org/wiki/Millennium_Tower> (Obxkcd: <https://xkcd.com/927/ https://xkcd.com/927/>) Discovered en route to looking up background on the SF tower, engineering problems, and fix(es): <https://en.wikipedia.org/wiki/Millennium_Tower_(San_Francisco)#Underpinning_Millennium_Tower https://en.wikipedia.org/wiki/Millennium_Tower_(San_Francisc...>
hollerith 2y ago
Are prices also down in buildings adjacent to the Tower?