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Karl Fischer's Finger of Humboldt Headed for Bankruptcy Auction

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Even after the Hot Karl Finger of Humboldt?known more conventionally as SkyHigh?finally found some renters back in 2009, things seemed slightly amiss with the building, given that there was no certificate of occupancy to be found. And the building still isn't doing things the, er, traditional way. A tipster passes along the above ad from the Times for 480 Humboldt Street's bankruptcy auction, scheduled for July 7. The Karl Fischer-designed 20-unit building, with 10 parking spaces, a gym, and bike storage, has a minimum bid of $7 million. (According to PropertyShark, the building changed hands late last year for $5.12 million.) The most recent rental listing we see for the building prices a 1.5BR, 1BA at $2,800/month. That's the trouble with being SkyHigh?it's a long way to fall.
· Finger of Humboldt coverage [Curbed]