In yet another sign of the deflated housing bubble, contract holders at Highgrove, the overpriced condo tower in downtown Stamford, are getting tired of the delays in construction, and some are demanding their money back. Here's the Advocate article.
Despite developer Jason Schlesinger's assurances, the facts don't look too good for Ceebraid-Signal: they've pushed back their completion/occupancy date several times; Schlesinger has been sued for defaulting on a $6 million loan; and he and his company have been sued by the Florida attorney general. He's even asked the city for a "partial-occupancy" certificate, even though YOU CAN'T GET INTO THE BUILDING FROM THE STREET. (Minor detail, there, Jason.)
On a personal note, though I don't usually speak ill of anyone on this blog (unless they deserve it), we lived in an apartment building in Stamford managed by Ceebraid-Signal ("The Townhouse" at 65 Prospect Street), and they were the worst. Every time I had to call the management office with a question, I was handled by the rudest, least helpful people on the planet. They even tried to mess with our parking space rental contract (yes, we had to pay extra for parking). I called to cancel one of our parking spaces, but they told me that I couldn't because the contract had been revised to run concurrently with our apartment lease. I said that they couldn't have revised a two-party contract without the consent of, you know, the other party. The woman from Ceebraid-Signal continued to insist (with increasing anger) that they could and that it had been changed. I persisted with my case that what they did made no sense, until she screamed at me that the contract was canceled and hung up on me. Customer service at its finest!