Lawsuit Claims Dwelling of OpenAI CEO Sam Altman is Subpar
Title: San Francisco's Costly Luxury Mansion Woe: Altman's Mortification over Malfunctioning Million-Dollar Mansion
Subtitle: A dripping disappointement in the heart of San Francisco for OpenAI CEO Sam Altman, as his luxury abode, once touted as a extravagant gem, turns out to be a leaking galleon, laden with sewerage woes.
The drizzling rain of sewage on the side of tech billionaire Sam Altman's $27 million mansion in the posh Russian Hill neighborhood of San Francisco isn't just a regular rainy day occurrence. That's according to a lawsuit filed on July 12, 2024, unveiled by The San Francisco Standard.
The lawsuit assails seller Troon Pacific and its CEO Greg Malin for offloading the mansion at 950 Lombard St., knowing it sported a litany of troubles. "All unfathomed, poor supervision, subpar workmanship, cost-cutting corners, and financial pilferage characterized the development and construction of the Property," the lawsuit accuses.
The lawsuit's victim, 950 Lombard LLC, is likely Altman, with their current resident at that address also the registered business address of an investment firm owned by Altman and his brother.
Known as the most expensive home in San Francisco, the mansion, with its breathtaking infinity pool and mesmerizing city views, once earned a walkthrough video from Architectural Digest in 2020, reminiscent of a Batcave-like garage.
However, the 9,500-square-foot estate was not all it was hyped up to be. "DEVELOPER," as alleged in the lawsuit, neglected to pay subcontractors on time, triggering a vengeful campaign of sabotage. This reportedly included the filling of drainage and sewer pipes with contractor bags and debris, hastening the project, and concealing mounting losses.
Apparently, the infinity pool leaks into the lower level of the house, necessitating a lengthy investigation along with a chlorine lab test, apparently to ascertain the source of the leak. The property is also home to an unconnected bathroom sewer line that pours raw sewage on the ground in a hard-to-reach location at the side of the residence.
The estimated repair costs hover around $4 million, and 950 Lombard LLC is seeking unspecified damages and attorney's fees in their lawsuit. Troon and Malin, with a history of shoddy work and colossal lawsuits, could likely be held accountable for these repairs. In May, they forked out $48.1 million to investors, due to a similar predicament.
- The lawsuit against Greg Malin and Troon Pacific alleges that the technology billionaire Sam Altman's expensive mansion was constructed with cost-cutting corners, poor supervision, and potential embezzlement, which may have led to its current state of disrepair.
- Known issues with the million-dollar mansion, including an infinity pool leak and a bathroom sewer line dumping raw sewage, may be tied to the developer's delay in paying subcontractors, which allegedly led to sabotage.
- The reported sabotage on the Altman mansion, including the filling of drainage and sewer pipes, might have been a result of unpaid subcontractors seeking revenge.
- The 950 Lombard LLC, the likely owner of the luxury mansion and currently registered at the same address as an investment firm owned by Sam Altman and his brother, is seeking damages and attorney's fees for the costly repairs estimated to be around $4 million, with Troon Pacific and Greg Malin as potential defendants in the lawsuit.