Tannenbaum Scro, P.L.
Call For a consultation
941-444-9092 | 866-615-4543
Spanish Language Services Available

Construction defects lawsuit settlement in the works

Regular readers of our Florida legal blog will recall a post earlier this year on the tilting, sinking Millennium Tower, a luxury high-rise condominium complex. The 58-story structure overlooking the San Francisco Bay features gourmet room service, a wine cellar, fitness center, movie theater, swimming pool and more to its more than 1,000 condo residents.

The problem is that the Millennium Tower was not built on bedrock. This serious construction defect resulted in its lean and tilt, as well as multiple lawsuits by residents, among others. We read recently that a tentative settlement of a lawsuit involving tenants has been reached, however.

The suit filed more than two years ago on behalf of more than 200 condo owners named developer Millennium Partners and the Transbay Joint Powers Authority as defendants. According to reports, owners of the luxury condos will be compensated for the depreciated value of their homes, though terms of the tentative agreement are private.

The lawsuit alleged that developers knew that the Millennium was sinking before they put the first units up for sale. The suit also alleged that the sinking was exacerbated by the Transbay Joint Powers Authority’s next-door Salesforce Transit Center.

The company that owns the development firm said it is “pleased” that negotiators are at work on an agreement that it said would help pay for fixes that could stop further leaning and tilting. The homeowners’ association has repeatedly sought a perimeter pile upgrade to address the issues.

The story of the Millennium is more evidence of how condo owners with experienced construction litigation attorneys on their side can get the compensation and repairs needed to protect their rights and financial interests.

No Comments

Leave a comment
Comment Information

Tannenbaum Scro, P.L.
1990 Main Street
Suite 725
Sarasota, FL 34236

Toll Free: 866-615-4543
Phone: 941-444-9092
Sarasota Law Office Map

Tannenbaum Scro, P.L.
214 S. Lucerne Circle
Orlando, FL 32801

Phone: 407-956-2184
Orlando Law Office Map

Tannenbaum Scro, P.L.
970 Lake Carillon Drive
Suite 300
St. Petersburg, FL 33716

Phone: 727-287-1018
St. Pete's Law Office Map

Tannenbaum Scro, P.L.
1415 Dean Street
The Dean Suites
Fort Myers, FL 33901

Phone: 239-215-4131
Fort Myers Law Office Map