POLL: Is Buying a Private Island a Better Investment Than a NYC Condo?

May 27, 2015

Yesterday we learned that you can buy an entire island for $11 million, far less than the hundred-million-dollar condos popping up in Manhattan. So, you can spend one-tenth the price of the One57 penthouse, and instead of 10,923 square feet of glass-enclosed space, you’ll get 3.5 acres of land, a private beach, huge swimming pool, a 6,100-square-foot main house, and several other properties on the complex. Now that we’ve given you a little perspective, tell us what you think about this comparison.

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