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Buy Buy, Baby: Your Own Fantasy Island
"Buy Buy, Baby" is a Friday feature that explores unique luxury goods and what makes them special. Check back every week for more items to put on your wish list.
Fleeing the mainland hasn't helped private-island owners escape economic reality.
Island investors' dreams of sandy beaches and secluded homes have burst with the real estate bubble, as sellers watch a rising tide of frugality wash away their profit margins. With island owners stranded on unsellable properties, their paradise lost is now available for a relative pittance.
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| New Jersey's Middle Sedge Island, listed for $6.5 million, is a 20-minute helicopter ride away from Manhattan. |
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