Millennium Tower

Suffolk Hires Peter Gasparini as EVP of National Operations and Chris Mills as EVP of Business Development to Drive Operational Excellence and Accelerate Company Expansion

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목요일, 4월 18, 2024

Peter Gasparini joins Suffolk as Executive Vice President, National Operations, and Chris Mills as Executive Vice President, Business Development.

Key Points: 
  • Peter Gasparini joins Suffolk as Executive Vice President, National Operations, and Chris Mills as Executive Vice President, Business Development.
  • The strategic hires enhance the executive team with additional expertise and will help ensure that operational excellence and functional expertise are in alignment across all regions and sectors.
  • Mr. Gasparini will be based in Suffolk Headquarters in Boston and will report to Tim Stroud, National President and Chief Operating Officer at Suffolk.
  • Mr. Mills will focus on national business development efforts to expand Suffolk’s footprint and drive strategic growth.

Millennium Tower Stops Tilting and Sinking Following Final Building Stabilization Stage

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수요일, 6월 21, 2023

SAN FRANCISCO, June 21, 2023 /PRNewswire/ -- The Millennium Tower announced today that its engineering upgrade to stop the building from tilting and sinking has succeeded following the final stage of its Perimeter Pile Upgrade load transfer, which successfully loaded all 18 concrete piles to 100% –1 million pounds-force per pile – over the last 10 days.

Key Points: 
  • SAN FRANCISCO, June 21, 2023 /PRNewswire/ -- The Millennium Tower announced today that its engineering upgrade to stop the building from tilting and sinking has succeeded following the final stage of its Perimeter Pile Upgrade load transfer, which successfully loaded all 18 concrete piles to 100% –1 million pounds-force per pile – over the last 10 days.
  • Today, the analysis of the foundation shows recovery of nearly one inch of tilt following the final load transfer.
  • The Tower's engineering upgrade, known as the Perimeter Pile Upgrade, involved the installation of 18 concrete piles that anchor the building to bedrock below ground.
  • Today, the analysis of the foundation shows recovery of nearly one inch of tilt following the final load transfer.

Alexander Argento Joins BLDUP as Sr. Business Development Executive

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수요일, 2월 2, 2022

BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- BLDUP, Inc. - the business intelligence platform for commercial real estate - has announced the hiring of Alexander Argento as Sr. Business Development Executive.

Key Points: 
  • BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- BLDUP, Inc. - the business intelligence platform for commercial real estate - has announced the hiring of Alexander Argento as Sr. Business Development Executive.
  • "It is with incredible enthusiasm that I join the BLDUP team," said Mr. Argento.
  • "I'm very excited for the opportunity to work with Mr. Alexander Argento," said BLDUP Founder and CEO Noah Coughlin.
  • For business inquiries - Alexander Argento: [email protected]
    For media inquiries - Meghan Doherty: [email protected]; Greg Miller: [email protected]

Alexander Argento Joins BLDUP as Sr. Business Development Executive

Retrieved on: 
수요일, 2월 2, 2022

BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- With an explosive year of growth in 2021, BLDUP - the real estate market intelligence platform - has announced the hiring of Alexander Argento as a Business Development Executive.

Key Points: 
  • BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) -- With an explosive year of growth in 2021, BLDUP - the real estate market intelligence platform - has announced the hiring of Alexander Argento as a Business Development Executive.
  • "I'm very excited for the opportunity to work with Mr. Alexander Argento," said BLDUP Founder and CEO Noah Coughlin.
  • About BLDUP: BLDUP is the data-driven platform that connects real estate companies to construction.
  • For business inquiries - Alexander Argento: [email protected]
    For media inquiries - Meghan Doherty: [email protected]; Greg Miller: [email protected]

Millennium Tower Litigation Settled, Engineering Upgrade of Building to Start Next Month

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수요일, 10월 7, 2020

SAN FRANCISCO, Oct. 7, 2020 /PRNewswire/ -- The Millennium Tower Association, the homeowners' association for Millennium Tower, announced today that litigation over the building's settlement has been fully resolved and that an engineered upgrade to prevent any significant future settlement of the skyscraper will begin next month.

Key Points: 
  • SAN FRANCISCO, Oct. 7, 2020 /PRNewswire/ -- The Millennium Tower Association, the homeowners' association for Millennium Tower, announced today that litigation over the building's settlement has been fully resolved and that an engineered upgrade to prevent any significant future settlement of the skyscraper will begin next month.
  • After many years of complex litigation, the Association is being fully compensated for retrofitting the building and homeowners are being compensated individually.
  • Known as the Perimeter Pile Upgrade, the project will relieve stress on soils that have compressed beneath the building, contributing to its unanticipated movement.
  • The same panel also concluded that settlement had not changed Millennium Tower's capability of resisting major earthquakes and the upgrade will increase that capability.

Landmark Global Legal Settlement Reached in Litigation Over Millennium Tower

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목요일, 8월 29, 2019

SAN FRANCISCO, Aug. 28, 2019 /PRNewswire/ --After months of negotiations, the Millennium Tower Association and other plaintiffs on Wednesday reached a global legal settlement that resolves construction defect litigation over the 52-story Mission Street building, which opened to residents in 2009.

Key Points: 
  • SAN FRANCISCO, Aug. 28, 2019 /PRNewswire/ --After months of negotiations, the Millennium Tower Association and other plaintiffs on Wednesday reached a global legal settlement that resolves construction defect litigation over the 52-story Mission Street building, which opened to residents in 2009.
  • "We can now put this legal chapter behind us and concentrate our efforts on the upgrade that will restore our building's reputation."
  • In December, the Millennium Tower Association filed a permit application with the city for the building retrofit, a plan called the "Perimeter Pile Upgrade."
  • In 2017, an expert panel convened by the City and County ofSan Franciscoconcluded that Millennium Tower is seismically safe and that settlement had not changed its "capability of resisting major earthquakes."