Here are all the multimillion-dollar condos for sale in San Francisco's leaning, sinking skyscraper
Rich residents looking to bail on Millennium Tower, a 58-story skyscraper in San Francisco that is sinking and tilting, are slashing prices to move their units on the real-estate market.
Several dozen condos at 301 Mission Street have hit the market since 2016, when the tower first made international headlines. Sellers have cut prices significantly in order to attract buyers.
Millennium Tower has sunk 17 inches and tilted 14 inches at the top since it was completed in 2008. An inspection by the city showed it's safe to occupy, though satellite images suggest the high-rise will continue to sink at a rate of two inches per year. It's unlikely to fall anytime soon, in part because it's sinking too slowly to take anyone by surprise. A fix is also in the works.
Here are all the multimillion-dollar homes currently for sale at Millennium Tower.
The owners of a two-bedroom, two-bath home at Millennium Tower have taken $101,000 off the listing price since late July. Apartment 33E has spent nearly 200 days on Zillow.
SFARMLS and Zillow
The asking price of homes for sale in San Francisco has gone up 4.4% over the last year, according to real-estate site Redfin. Homes typically sell for 110% of the asking price.
Learn more about 301 Mission Street Apartment 33E »
Apartment 33E is listed for $2.39 million, which is about double the median asking price for a two-bedroom home in San Francisco.
SFARMLS and Zillow
Source: Redfin
Natural light pours in through the floor-to-ceiling windows, which offer panoramic views.
SFARMLS and ZillowSee the rest of the story at Business Insider
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