Lou's Place
I don't know if anybody caught the recent a NY Times article about Lou Gehrig's childhood home in New Rochelle, NY, now foreclosed, rundown and owned by a local relator. I don't recall much of the history, but the house first was foreclosed in 1927 (1927!) but Lou bailed out his parents and all was well until 1937 when it was foreclosed again. This time, however, he refused to assist, perhaps decided by Eleanor's barking in his ear, and his folks moved to Florida. A picture showed the place definitely needing a facelift but still located in what appears to be a nice middle class neighborhood.
If I can recall, the realtor paid about $450k for the place and intends to put it on the market soon. There has been some talk, apparently, about turning it into a Gehrig Museum. The Yankee's front office has said they are not interested. (There is gratitude for you. I bet George would have gone for the idea in a big way.)
So, Leon, how about this: You float a limited subscription IPO, open only Net54 members, for say $1,000,000; 500K to buy it, 200K to fix it up, 100K to turn it into a museum, and 200K for expenses. We all know there are many deep-pocketed members here on the board, who can afford to buy very expensive baseball cards. I know it sounds crazy but the place has kinda caught my imagination, although three glasses of nice white wine no doubt fueled it.
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