City officials and other sources familiar with the situation tell us that the building, which as of last year had sunk 16 inches since construction got under way in 2005, continues to descend into the bay fill at Mission and Fremont streets.The sinkage is more pronounced on the northern side, the direction in which the tower is leaning 2 inches at its base, said the sources, who spoke on condition of anonymity because the Millennium’s problems are the subject of numerous lawsuits.The good news for the tower’s well-heeled residents, who paid from $1.6 million to $10 million for their condominiums, is that a pair of engineering firms hired by developer Millennium Partners and other parties involved in the dispute think they have a solution that will stabilize the tower and prop it back upright.After we first reported the Millennium Tower’s problems in August, the developer insisted that its decision not to anchor the foundation to bedrock in the first place had nothing to do with the building’s sink and lean — and that the ground under the building had been destabilized by neighboring construction.The engineering firms estimate the fix will cost $100 million to $150 million — more than your average home foundation repair, but a lot less than the billion-dollar-plus price tag that some experts have feared.Like so many other things involving the slow-motion fiasco, just who would pay the bill would be the subject of negotiation, and possibly litigation, involving Millennium Partners, the homeowners association and the public agency building the Transbay Transit Center next door, which the developer and condo owners insist bears some responsibility.P.J. Johnston, spokesman for Millennium Partners, declined to comment on the talks or the latest engineering report, but said, Our highest priority has always been to fix the building.Jack Gallagher, a spokesman for the San Francisco city administrator’s office, which is reviewing all downtown high-rise construction in the wake of the Millennium Tower’s problems, said no repair plan has been submitted to the city for permits.Bill Strawn, spokesman for the Department of Building Inspection, said his office had just received the latest engineering report on the building’s slippage, and had sent it to the city’s data engineers for review.[...] he said, the department sent out a team of inspectors Tuesday to follow up on a report done six months ago detailing cracking and other damage from the building’s movement, and a list of repairs that needed to be done in the short term.Millennium Partners says the tower’s problems were caused by construction crews pumping groundwater from the adjacent site, which the developer says destabilized the soil under the tower.The transbay authority argues that the slippage has continued long after the pumping ended, proving that the culprit was the developer’s decision not to drive piles all the way to bedrock.About 100 condo owners got a small break this week, when city Assessor Carmen Chu began notifying them that their 2017 property-tax bills are being reduced by about $3,000 apiece — reflecting an average $320,000 drop in value on each of their units.
NYS Entity Status
NYS Filing Date
OCTOBER 03, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - MILLENNIUM TELECOM SOLUTIONS INC.
AROUND THE WEB
- Millennium Tower keeps on sinking, but there may be a fix
By Matier & Ross - Tuesday Jul 18, 2017
- Nikki Haley says ‘China is aware they must act’ on North Korea
By Mark Moore - Sunday Jul 30, 2017
The US ambassador to the United Nations said North Korea’s mounting military provocations punctuated by the recent test-firing of an intercontinental ballistic missile will require an international “solution.” “Done talking about NKorea. China is aware they must act. Japan & SKorea must inc pressure. Not only a US problem. It will req an intl solution,”...
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- MTV Mines the Past for Its Future: ‘Total Request Live’
By JOHN KOBLIN - Sunday Jul 30, 2017
Remember the “TRL” studio and crowds in Times Square? Music? Carson Daly? MTV hopes you do, and will tune in again.
- 19th-Century Diary Suggests Slaves Are Buried in Brooklyn Lot
By MICHAEL WILSON - Friday Aug 4, 2017
A Gowanus farmer’s writings from 1828 to 1830 describe burying them on property that includes the proposed site of a prekindergarten.
- At Walmart Academy, Training Better Managers. But With a Better Future?
By MICHAEL CORKERY - Tuesday Aug 8, 2017
A new program for store supervisors and department managers may make them better employees but may not help them reach the middle class.