Caleb Altemoc is a young man with a steady job (mid-level corporate risk manager) in the big, sophisticated city of Dresdiel Lex. He has enough income to pursue his hobby of gambling at cards, go drinking with his friend Teo, and have a place of his own. Of course, his company, Red King Consolidated, is run by a deicidal lich of considerable necromantic power, but no one's perfect. The King in Red treats his employees pretty well, after all, and provides a dependable water supply for the desert city. And Caleb is, as his boss of bosses notes at one point, rather unambitious.
There is the little issue of Caleb's father, a caring family man who is also a powerful priest of the gods that the King in Red destroyed. Temoc Almotil's religion involved human sacrifice, and he's now on the run as a terrorist for attempts to bring down his old enemy, Caleb's boss. But he still makes time to pop in and see his son from time to time, usually when Caleb least expects him.
Caleb's life takes a sharp turn for the weird when he's called into work one night on an emergency involving one of Red King Consolidated's largest reservoirs, where things have gone horribly, necromantically wrong. Caleb finds an attractive woman there, an enthusiast of the sport of "cliff running" (think of parkour on steroids). She's a trespasser and possibly worse, but Caleb is totally smitten with her. She seems like the most magical of Manic Pixie Dream Girls, both to Caleb and (on first read) to me. But very little is as it seems here, as Temoc keeps reminding his skeptical son.
I liked this much better on my second read, which was after the release of Last First Snow (starring Temoc). On my first read, I was missing the presence of Tara Abernathy and Elayne Kevarian from Three Parts Dead and got very impatient with Caleb. Now I'm beginning to see that Gladstone is focusing on person-to-person bonds other than the usual ones in genre literature. In this one, for instance, we have rather different father-son relationship and a powerful non-romantic male-female friendship (Caleb and Teo). That tendency adds more depth to Gladstone's imaginative world building.
This one is still the bottom of the Craft Sequence stack, though, when it comes to how much I liked the book. Three Parts Dead and Full Fathom Five seem to be tied for first, then Last First Snow, and then this volume. Still, this is well worth reading.