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BlueWaveNeverEnd

(13,006 posts)
Wed May 17, 2023, 01:30 PM May 2023

'I knew it was tilting': Penthouse in San Francisco's Millennium Tower hits the market





It's not often a high-end real estate listing for a $14 million luxury penthouse needs to include a guarantee that it's built on solid ground, but that's exactly what happened in San Francisco this week after a pad at the very top of the beleaguered Millennium Tower hit the market.

"Now, following multiple years of construction, 301 Mission is fully anchored to bedrock, with street-side construction activities scheduled to complete Q3 2023," the new Sotheby's listing for "Grand Penthouse A" reads.

The tower's spokesperson, Doug Elmets, told SFGATE on Tuesday that the building should soon be resting on bedrock, not the deep sand that was reportedly to blame for its notorious, lopsided history.

"The perimeter pile upgrade project for the 301 Mission building, currently nearing completion, will ultimately transfer a significant portion of the building’s weight to bedrock," Elmets said.

There may indeed be room for optimism at the tower; it was reported in January that some of the tilt had been recovered. "This has been a moment that's been seven years in the making," Sotheby's International listing agent Gregg Lynn told SFGATE Tuesday. "There is reason to celebrate."


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The seller of the property is reportedly tech veteran Craig Ramsey, a longtime Salesforce board member. According the the Wall Street Journal, Ramsey bought the condo in 2016 for $13 million despite knowing it wasn't on level ground. “I knew the building was tilting,” Ramsey told the Journal. “I got a very good discount because of that fact.”

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The luxe pad was listed Tuesday for a square $14 million, making it the priciest listing in the blighted building since the tilt was discovered seven years ago. SFGATE asked Lynn if the tilt is in any way noticeable from inside the penthouse. "It's not noticeable to the naked eye," said Lynn, who has represented numerous sales at 301 Mission.

https://www.sfgate.com/local/article/san-francisco-millennium-tower-penthouse-for-sale-18102609.php?IPID=SFGate-HP-CP-Spotlight



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'I knew it was tilting': Penthouse in San Francisco's Millennium Tower hits the market (Original Post) BlueWaveNeverEnd May 2023 OP
"It's not noticeable to the naked eye".... A HERETIC I AM May 2023 #1
that's a plus! BlueWaveNeverEnd May 2023 #3
I lived in the upstairs of an old house that had been converted to an apartment. CrispyQ May 2023 #4
LOL A HERETIC I AM May 2023 #5
Imagine being in that penthouse condo when the San Andreas fault moves significantly. roamer65 May 2023 #2
I'm sorry but who is the dufus sdfernando May 2023 #6

A HERETIC I AM

(24,852 posts)
1. "It's not noticeable to the naked eye"....
Wed May 17, 2023, 01:33 PM
May 2023

But when you shoot a ball on the pool table, it's ALWAYS going in the bottom corner pocket!

CrispyQ

(40,704 posts)
4. I lived in the upstairs of an old house that had been converted to an apartment.
Wed May 17, 2023, 02:09 PM
May 2023

My cat liked to play with these little rubber balls, but they kept disappearing so I bought him a few more. When I rearranged the furniture for summer I found a nest of a dozen little balls under one of my dressers.

roamer65

(37,818 posts)
2. Imagine being in that penthouse condo when the San Andreas fault moves significantly.
Wed May 17, 2023, 02:00 PM
May 2023

No thanks.

sdfernando

(6,026 posts)
6. I'm sorry but who is the dufus
Wed May 17, 2023, 04:27 PM
May 2023

that thought building a highrise like this on sand was a good idea?...I believe that area is all landfill....and a significant part of that landfill is from the 1906 quake.

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