Thanks to a tip from an anonymous reader, I found this public notice about the upcoming auction of everybody's favorite empty luxury condo, Highgrove.
Here's the meaty part: "The principal asset of Highgrove Condominium LLC is the residential real estate property known as The Highgrove Condominium, located at 70 Forest Street, Stamford, Connecticut, which is subject to that certain Construction Mortgage Deed, Assignment of Rents, Security Agreement and Fixture Filing, dated as of July 6, 2007, between CORUS Bank, N.A. and Highgrove Condominium, LLC, which mortgage is currently in default and the subject of a pending foreclosure proceeding. THIS IS A FORECLOSURE SALE OF EQUITY INTERESTS." (Capitals are not my emphasis.)
In other words, Highgrove went bust.
The weird thing is that I predicted this (sorta) back in December! Here's my post.