Curbed found the Massey Knakal listing for Williamsburg’s mammoth Warehouse 11, the failed Karl Fischer-designed condo. The development’s lender has started foreclosure proceedings against its builder, and Curbed notes the bank is still owed a whopping $50,766,000. On the bright (?) side, “if taken rental [the property] could expect to generate around $4.1 million in gross annual income.” GMAP