A Sinking Feeling
NO.15 on the Bund is suffering another severe case of subsidence. On Zhongshan Road E2, the 11-floor structure was built about 80 years ago and now has cracks climbing from the ground up to its 10th floor. Although the building was reinforced during a project in 2004, the sinking problem has not yet been solved. Property management officials said parts of the outer walls fell off two years ago and hit a residential building. No one was hurt during the accident. Then part of the building's water pipe broke earlier this year and cost 7.3 million yuan (US$1.1 million) in wasted water. The most dramatic evidence of subsidence is the 10-centimeter drop into the lobby, which was once at ground level.
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