New '60 Minutes' shows shocking footage of the cracks in the Millennium Tower basement

The footage is breathtaking: Huge cracks running across the basement of the infamous Millennium Tower.

The so-called leaning tower of San Francisco was featured on Sunday night's "60 Minutes" and, while much of the segment's information won't be new to locals, the shots of its widening cracks might be.

Millennium Tower resident Jerry Dodson, an engineer and lawyer, told "60 Minutes" that he makes daily rounds of the building's basement, checking the many stress gauges that dot the walls. (Skip to about the three-minute mark in the video above to see the cracks.)

"There's enough of them, a spiderweb of cracks, that you have be concerned about what's going on underneath," Dodson says.

Stress gauges are placed along a wall with floor-to-ceiling cracks in the parking garage of the Millennium Tower in San Francisco. Stress gauges are placed along a wall with floor-to-ceiling cracks in the parking garage of the Millennium Tower in San Francisco. Photo: Eric Risberg / Associated Press 2016 Photo: Eric Risberg / Associated Press 2016 Image 1 of / 10 Caption Close New '60 Minutes' shows shocking footage of the cracks in the Millennium Tower basement 1 / 10 Back to Gallery

Residents initially paid anywhere from $1.6 million to $10 million for their condos, residences they've been unloading at reduced prices since news broke the tower was sinking. Some residents told "60 Minutes" they lost $3 million selling the damaged goods.

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The 58-story luxury residence has sunk 17 inches since construction began in 2005, plus it's also tilting 14 inches. Two hundred and fifty Millennium homeowners are currently suing the Transbay Joint Powers Authority, the public agency building the Transbay Transit Center next door. Some blame that adjacent construction project for failing to "protect existing structures from excessive ground movements during construction."

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But, as Matier and Ross note, the tower had already sunk 10 inches by time transit center construction began in 2010.

In July, Matier and Ross reported that the owners of the Millennium hoped a fix for the building's tilting and sinking was on the way. The LERA firm and DeSimone Consulting Engineers were hopeful that drilling 50 to 100 new piles down to bedrock would stabilize the structure for good.

The tower was not built on bedrock.