Millennium Towers the tallest towers in Bay area cuts rates by 15%


By the looks of it, the current recession is going to be bringing all the air drafting money-minting individuals a little lower to earth with the prick of a pin on their ballooned lives. The tallest residential building in San Francisco has just proven the fact. The builders Millennium Partners LLC has cut down rates of their sky-smacking 60-story luxury nest, the Millennium Tower, 15 percent. This also includes a refund on the units that are already sold. They will be paying it from the $22.5 million they have in deposits to 90 units out of the 419 unit property.

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Such shocking news. Not for the residents. Those who did make the credit busting choice of booking an apartment can rejoice now. They are getting a huge discount on a property that scans the entire North American city PLUS having a club level with a screening room, pool and pool terrace, fitness club, tasting room, lounge, dining room, and fitness center. Ah well. The builders should have made some good cash in their good days; let the common tax paying millionaires have some good luck now.
[Luxist]

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