Residents of Millennium Tower, better known as the Leaning Tower of San Francisco, have been left to foot a $6.8 million bill after a much-needed renovation project failed to fix the troubled luxur…
Ex-Trump accountant who testified that ex-prez lost $1B in 2 years back on the stand in NYC fraud trialNima Momeni, accused killer of Cash App Founder Bob Lee, denied bail for second timeSF tech workers priced out of apartments rent $700-a-month ‘sleeping pods’
Repairs to correct the infamous tower’s 29-inch tilt concluded with residents being billed $10 per square foot of condo space — costing tenants $6.8 million in total — as the project cost $20 million more than the $100 million expected,The 545-foot-tall tower continued to tilt and sink further west after architects attempted to repair its foundation last fall. While the issue has not been fixed, residents were told they had until October to pay for the so-called repairs.
“It’s a luxurious building and famous building, but unfortunately it is not like this for me as an owner,” Mostafavi told the outlet. “I am really suffering.”Mostafavi said the bill had come after he already dipped into his retirement savings account to pay for his wrecked kitchen. “The delays and the city’s heightened requirements resulted in significant unforeseen project cost increases,” the association’s letter to residents said.
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