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Who Will Pay for San Francisco's $750 Million Tilting Tower?
Bloomberg link only ^ | 1 feb 2017 | Kartikay Mehrotra

Posted on 02/01/2017 7:37:40 AM PST by DUMBGRUNT

Bloomberg link only.


TOPICS: Chit/Chat
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To: treetopsandroofs

Brawndo has what plants crave!


21 posted on 02/01/2017 8:02:13 AM PST by HombreSecreto (The life of a repo man is always intense)
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To: DUMBGRUNT

If OBama was in office the city would request a grant to house the homeless HUD would give the city the money. SAn Fran would pay full price for each apartment to buy them out as housing for the homeless The. EPA would say it is not environmentally sound and SAn FRan would apply for another grant to remove the building.


22 posted on 02/01/2017 8:02:39 AM PST by georgiarat (To learn who rules over you, simply find out who you are not allowed to criticize - Volttai)
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To: DUMBGRUNT

“Regardless of who is legally responsible, all parties have finally agreed that there is, in fact, a problem.”

They’re making “progress”. Idiots.


23 posted on 02/01/2017 8:03:50 AM PST by Carriage Hill ( Poor demoncrats haven't been this mad, since the Republicans took their slaves away.)
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To: DUMBGRUNT

They should have had Trump build it.


24 posted on 02/01/2017 8:04:05 AM PST by 109ACS (The more I learn about people, the more I like my dog - Mark Twain)
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To: DUMBGRUNT

Proof once again that there are too many stupid people in this country. Architect building on sand? What school did they go to, barber college (they sure sheared the sheep)? And the residents, sinking all into this fiasco?

No sympathy here for the “smart people”.


25 posted on 02/01/2017 8:05:04 AM PST by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: txrefugee

I would not say, it cannot be corrected.
The problem is one of the cost.

The easy solution is always, to let the other guy pay.
For some reason, that other guy is, we the taxpayers.

Freeze the earth under and around; like at Fukushima.
The equipment might require the first six floors, the power needed is huge and eternal, but it should work.$$$


26 posted on 02/01/2017 8:09:46 AM PST by DUMBGRUNT (Go Trump!)
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To: DUMBGRUNT
Since the mid-19th century, the city of San Francisco has expanded its shoreline by dumping debris into its coastal marshlands and transferring sand and clay from the ocean bed onto land. Much of downtown San Francisco, including parts of Mission Street, where Millennium Tower was built, is constructed on this loose, wet soil.

Oh, the supreme irony! The tower was build on coastal marshlands that were filled in by construction debris and other trash and then built upon. Isn't that the ultimate violation of Environmentalist sentiment? Filling marshlands in with trash and debris and then building on it????? The idea that the uber-wealthy Libs who live in the tower are losing their investment because its built on unstable marshlands is delicious.

27 posted on 02/01/2017 8:11:43 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: All

Just call Ram Jack


28 posted on 02/01/2017 8:11:57 AM PST by Klemper
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To: Moonman62

“One good earthquake should fix it.”

Yes!
But direction and magnitude would be critical.


29 posted on 02/01/2017 8:12:02 AM PST by DUMBGRUNT (Go Trump!)
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To: Liz

Legend has it, that if you travel south of Interstate 80 in Illinois, most if not all of the homes and buildings, have that same feature!


30 posted on 02/01/2017 8:17:05 AM PST by DUMBGRUNT (Go Trump!)
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To: treetopsandroofs

Water? Like in the toilet?


31 posted on 02/01/2017 8:17:32 AM PST by SJSAMPLE
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To: DUMBGRUNT

Money-saving is the cause......the S/F bldg’s problems occurred b/c the builder did not go down enough feet as they laid the foundation.


32 posted on 02/01/2017 8:20:44 AM PST by Liz
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To: dhs12345
the result of the nearby construction of a major transit station, which would make it at least partially the responsibility of the station's builder.

They will add this the bill for high speed rail. No one would notice a few extra billion on that mess.

33 posted on 02/01/2017 8:22:35 AM PST by DUMBGRUNT (Go Trump!)
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To: McGavin999
It's possible, in other words, that homeowners already under water on their damaged real estate investments may have to cover millions in costs to repair the building. And that's not even the nightmare-case scenario. If the sinking remains unaddressed, the $750 million building could potentially collapse, with little clarity as to who would pay for the damage.

Beyond stuck!!!

34 posted on 02/01/2017 8:26:11 AM PST by DUMBGRUNT (Go Trump!)
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To: DUMBGRUNT

Let the illegals pay for it.


35 posted on 02/01/2017 8:26:43 AM PST by doc maverick (I)
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To: Opinionated Blowhard
Filling marshlandswetlands in with trash and debris and then building on it?????

FTFY.

Got to use the proper environmentalist terms. Of course, when you state it this way, you realize that SF has been doing for years what none of us peons would have been allowed to do.

Irony — it's not just buying an Armani suit with an extra pair of pants, and then burning a hole in the jacket.

36 posted on 02/01/2017 8:27:41 AM PST by thulldud
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To: Liz

Those effected are quite wealthy. Do they really think the average American with little in savings and a small home with a mortgage, living in a mobile home or living in a small apartment really give a rat’s a** about their predicament??? Really.


37 posted on 02/01/2017 8:27:58 AM PST by hal ogen (First Amendment or Reeducation Camp?.)
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To: DUMBGRUNT

I believe that HOA fee will go up in that building...


38 posted on 02/01/2017 8:28:49 AM PST by minnesota_bound
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To: DUMBGRUNT

Being San Francisco, they should pack Viagra around the foundation to make it stand up straight.


39 posted on 02/01/2017 8:29:38 AM PST by howlinhound (Live your life so that, when you get up in the morning, Satan says, "Oh Crap!..He's awake" - Unknown)
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To: DUMBGRUNT

When SF has the big one...which is highly over due...when it hits who is going to pay for all the devastation and destruction when they succeed from the nation?! That hell hole is about to be swallowed up! And to be honest sorry San Francisco freepers I wouldn’t give a damn!


40 posted on 02/01/2017 8:34:48 AM PST by RoseofTexas
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