Nick Korstad discovered just how time consuming it can be when he purchased the Borden Flats Lighthouse in Fall River, Mass., for $56,000 at a public auction in 2010. Advertisement Continue reading the main storyFaced with renovating, he received contractors’ estimates “between $300,000 and $400,000,” Mr. Korstad said in a phone interview from the lighthouse. Advertisement Continue reading the main story“Every year it’s sold out,” said Mr. Korstad, who takes a maximum of 200 guests per season. Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box. Mr. Korstad, now 35, currently owns three of them, and he’s taking over a lease for another in New London, Conn.

Source: New York Times August 09, 2017 22:38 UTC