America’s most expensive neighborhood with $500M homes on verge of collapse: ‘Ego got in the way’

Source: New York Post

A Malibu hilltop enclave, once billed as the most expensive new neighborhood in America, is on the verge of collapse. Four of its five mansions are unsold, and the developer is locked in a bitter bankruptcy fight with his financial partner. The project, known as the Case, is the work of developer Scott Gillen.