CALIFORNIA – San Francisco Files Lawsuit Against Sinking Millennium Tower
SAN FRANCISCO — Five years ago, when Frank Jernigan, a retired Google software engineer, and his husband bought a 50th-floor apartment in downtown San Francisco for $4 million, they felt on top of the world. And judging by the commanding view of San Francisco Bay from the plate glass windows of their living room, they were.
“We were feeling pretty good about our investment here,” Mr. Jernigan said, looking out at the view from his home on Thursday afternoon.
But their 58-story luxury condominium building, the Millennium Tower, which has sunk 16 inches into the soft soils of reclaimed land and is tilting, is now derided as the leaning tower of San Francisco. A dispute over the building’s construction is fast shaping into a huge legal battle involving the developer, the city and owners, and one with stakes befitting Silicon Valley.
San Francisco’s city attorney, Dennis Herrera, announced on Thursday that he was filing a lawsuit against the developer of the building for failing to inform buyers that it was sinking “much faster than expected.” The developer, Mission Street Development, reaped hundreds of millions of dollars in sales from the more than 400 units in the building, which was completed in 2008.
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