Millennium Partners blames sinking of tower on Transbay Terminal excavations
Millennium Partners held their news conference on the same day San Francisco City Attorney Dennis Herrera formally subpoenaed them as part of his office’s investigation into whether the developer complied with state law by disclosing known structural sinking issues to purchasers of more than 400 residential units in the Millennium Tower. The exclusive residential Millennium Tower sits at the corner of Mission and Fremont streets in San Francisco. The developers said they held their news conference to stop what they called rampant, reckless speculation and behavior by Transbay officials. The developers of Millennium Tower revealed that it’s groundwater level dropped by a staggering 20 feet when the Transbay Joint Powers Authority or TJPA built an underground buttress wall between the tower and its transit site. Read the article……….
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