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The Woes of Garrett Kelleher

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The financial woes for star-crossed developer Garrett Kelleher continue to mount. In addition to a $77M foreclosure suit relating to his failed Chicago Spire project, Kelleher has also lost his Gold Coast home in a separate suit filed last year. Kelleher ponied up a reported $8.5M for the Georgian manse on Astor Street, where foreclosures are quite a rarity. Designed by Arthur Heun, the home clocks in at 10,284-square feet and features an English garden and a private courtyard. No word on whether the new owner, Set Capital LLC, will put the home on the market soon. We'll keep an eye out! [Crain's, photo: VHT]