A Karl Fischer designed apartment building in Williamsburg is headed to public bankruptcy auction July 7, with an opening bid of $7 million, according to a classified advertisement in the New York Times cited by Curbed. The 12-story, 20-unit building at 480 Humboldt Street, known as SkyHigh, is currently renting units, and the most recent listing for a one-and-a-half-bedroom, one-bathroom unit was asking $2,800 per month in March (note: correction appended). The building contains 10 parking spaces, a gym and bike storage, and each unit has a private terrace. The auction is taking place at the property, and prospective bidders can inspect it at 11 a.m. June 28 and June 30, according to the ad. [Curbed]