Tag Archives: millennium tower

SF High Rises Dig Deeper These Days

San Francisco buyers looking for condo in a newer-construction high rise in downtown San Francisco have a better chance of purchasing a property that has a foundation which reaches down into bedrock, thanks to city requirements and guidelines adopted a decade ago.

The San Francisco Business Times reports (paywall) that the city pursued what’s called the Tall Buildings Study after it was revealed that the 2009-built Millennium Tower was leaning and tilting. The study explored strategies to address the seismic issues of tall downtown buildings, writes SF Business Times’ Neil Gonzales. (The Millennium does not reach bedrock.) Continue Reading

What’s Shaking at The Millennium Tower

What’s Shaking at The Millennium Tower

It’s been six months since The Chronicle’s Matier and Ross broke the story about The Millennium Tower’s structural issues. Despite verified reports that the building is sinking and tilting, a buyer living in the building purchased Grand Penthouse A on the 60th floor in December 2016.

The 5,000-square-foot, two-bedroom/two bath unit has massive views and includes a 3,000-square-foot great room that opens to a large private outdoor terrace. The buyer is reportedly an Oracle executive who wanted to move up within the building. Continue Reading

Location is #1 Priority for 1BR Condos

The one-bedroom condo is a popular choice in San Francisco. Of course, one bedrooms have their limitations and aren’t for everyone. Because of the narrower buyer pool, you can increase your chances for good resale value by purchasing a unit in a desirable neighborhood central to services, public transportation, and restaurants/cafes.

The average price for a 1BR condo has jumped in recent years. It’s $791,306 as of the time period from December 2015-March 16, 2015. 14% of the 182 1BRs sold had price tags in excess of $1M. Continue Reading

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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