Even if the city deemed the Building has a very dangerous hazard I bet the developer could auction off the condos for the right price --I bet people would still buy those condos just to live in San Fran. Hazard or not they would risk their life.
If it is and does come down, it will probably damage quite a few buildings around it, too.
Maybe they would, but the hazard of a building that size collapsing is not limited to those who choose to live inside it:
Right, the building really should be vacated and imploded in a controlled manner before it comes down on its own, though I don't know how feasible it is with TransBay next door. Money is money, it comes and goes, but people are gone forever when they are killed.
This building was a colossal mistake, but let's not make it a deadly mistake.
Well, yes, it does. We can't make that definitive "toast" assessment on our own, only offer conjecture. Buildings/structures are surprisingly resilient and are designed with redundancies to account for miscalculations, oversight or failure of members. A structural engineer can assess exactly what members are weakened and to what degree, then offer a verdict.It’s doesnt take a building structural engineer to say this building is toast
Is there any possible way to salvage the foundation and connect it to bedrock as is?
In an application to be filed with the city’s Department of Building Inspection, the Millennium Tower Association laid out plans for a “perimeter pile upgrade,” 52 steel and concrete piles that would shift a portion of the building’s weight from its existing foundation system to bedrock about 250 feet below.
While the application outlines about $30 million worth of work, the entire pile upgrade would cost nearly $100 million and take 18 months. The contractor would drill 22 new piles along Mission Street and 30 along Fremont Street. Each pile is 24 inches in diameter and weighs 140,000 pounds and would take three or four days to drill into place. A reinforced concrete “inner pile” would be installed within each steel shaft.
Mission Street Development LLC, the tower’s original developer, agreed to perform and warrant the retrofit, which would eventually be paid for by a settlement reached in ongoing, confidential mediation....
The developer, an affiliate of Millennium Partners, has been working with the homeowners for months to reach agreement on an appropriate plan to address harm caused to the residential tower by its settlement as well as tilting associated with surrounding construction activities by the Transbay Joint Powers Authority, which built the Transbay Terminal, and the developer of Salesforce Tower.
Seems like they may have reached a breakthrough:
...so, a $100,000,000 mistake.