From the Dining@Large blog:
It looks like Timothy Dean has pulled a rabbit out of his toque.
Hours before Prime Steakhouse was to go on the auction block, the foreclosure sale has been called off.
A lawyer for the former "Top Chef" contestant told me yesterday afternoon that the auction of Dean's Prime Steakhouse wasn't going to happen. But it was still listed on the auctioneer's website, and no one there was calling back to say some last-minute deal was being worked out.
I checked the Jonathan Melnick Auctioneers site again just now, and it says the foreclosure sale has been canceled.