Rehab

I don't understand rich people sometimes which why I guess I'll never be one.

Today there's a big story about a guy who bought two small islands off the coast of the Bronx. One of them had a small former radio tower on it that he spent millions rehabbing into a beautiful house -- and he only spent one night in it. He also spent a fortune landscaping the island to make  it beautiful (since the island is basically a rock being constantly pelted with saltwater). The other island is tiny and basically unusable. Now he's trying to sell the islands, apparently uninterested in living in his creation. 

What the hell? He spent around $10 million on one island he'll never use and another he can't! Now he's trying to sell them for $13 and I can't imagine who'll want to buy them. Who the hell wants to live on a island that completely isolates you from the rest of the the city? It might be cool to visit but who'd want to live there? Insanity! 

Meanwhile, in the more civilized world of Riverside Drive, there is a literal mansion for sale around $8 -- less than the cost of fixing up those islands. This Renaissance Revival mansion lies vacant, aching for a buyer. Now, it needs work, it'll cost a lot of money to rehab, but the pictures of it (check it out here) are stunning and mesmerizing -- this mansion even has its own ballroom! If I was one of those super-rich guys, I'd buy this mansion ASAP and fix it up to the "noines." It's the opportunity of a lifetime. And yet, for some reason, in a town of super-rich people, no one wants to buy it! This amazing piece of NYC real estate and history just lies empty!

What the hell is wrong with rich people? Seriously, get your priorities straight:

Rehabbing a mansion -- yes, yes, yes!

Rehabbing islands -- no, no, no!