A 58-story skyscraper in San Francisco is tilting and sinking - and residents say their multimillion-dollar condos are 'nearly worthless'

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millennium tower sinking skyscraper san francisco crack

Beck Diefenbach/Reuters

Pedestrians inspect cracks near the sinking Millennium Tower in San Francisco.

Bad news keeps piling up at the "leaning tower" of San Francisco.

Millennium Tower is a luxury residential high-rise that has sunk 17 inches and tilted 14 inches since it was completed in 2008. Though an inspection by the city showed it's safe to occupy , the building's wealthy residents take no solace. Their multimillion-dollar condos have tumbled $320,000 in value on average.

Here's what we know about the fate of Millennium Tower.
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