Faulty reasoning signals

• Confirmation Bias - 22.6% (83 hits)
• Anchoring Bias - 0%
• Availability Heuristic - 50.1% (184 hits)
• Representativeness Heuristic - 3.3% (12 hits)
• Hindsight Bias - 0%
• Overconfidence Bias - 18.3% (67 hits)
• Framing Effect - 10.6% (39 hits)
• Loss Aversion - 5.4% (20 hits)
• Status Quo Bias - 0%
• Sunk Cost Effect - 0%
• Optimism Bias - 1.4% (5 hits)
• Pessimism Bias - 16.6% (61 hits)

Article text

Rush to stabilize NYC high rise at risk of collapse

Tonight, alarming images from inside a New York City high-rise at risk of partial collapse with buckling beams and sinking floors.

You can see how the building appears to have a slight lean.

>> We're getting reports from the construction that uh two columns buckled on the 21st floor.

>> Construction workers calling in concerns just before 8:00 a.m.

>> It's not supposed to happen.

Columns are not supposed to bend like that.

The building, formerly home to Fizer's global headquarters, is being converted to a 1600 unit apartment complex as part of a pioneering project now at the center of what city officials are calling a dangerous situation.

>> Since arriving on scene, we have witnessed additional movement in one of the compromised columns. >> 150 fire and EMS personnel swarming the scene and evacuating nine buildings near Grand Central Terminal, according to officials. schools, hotels, restaurants cleared out.

Even a local news station forced to move their broadcast outside.

Fortunately, there have been no injuries reported.

What's going through your mind as you are evacuating the building?

>> Well, that okay, uh, this is for real.

I need to get out here really quick because I don't know if the neighbor building is collapsing or not.

There are no Department of Buildings records that indicate prior concern about the structure as tonight the building's developer saying safety is our number one priority, adding the affected area is a small section of one of the two buildings on this site as the race to stabilize this high-rise ramps up.

>> And Emily, I know the police are keeping you a safe distance away.

Show our viewers exactly where this building is and finally they've been able to allow crews back inside.

>> Yeah, Tom, that's right.

We are about just over a block away from that high-rise building where inspection crews have been able to go floor by floor assessing the damage.

Unfortunately, there hasn't been any further movement to the building, which means they can begin those emergency stabilization efforts, which officials say will go into the night and likely even the coming days.

Tom.