Condo owners in sinking Millennium Tower estimate homes worth $0 (CA)
Multi-million dollar condos in the Millennium Tower may now be worth zilch. More than 160 condo owners — including tech executives, sports figures and real estate investors – have filed property assessment appeals by the Sept. 15 deadline, claiming their condos are no longer worth what they paid for them. The condo owners are claiming their home values have plummeted as the 58-story building has sunk and tilted beyond expectations, as first revealed last month in media reports. Read the article…………..
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