Not one but two homeowners within dog-walking distance of my place in Northbrook have bought the lot next door and added a second, ancillary new home attached to their already ample present house.
A practice I’d never seen, or even imagined, before. Nor can I imagine now, really, and I’m watching it done. An intriguing mystery: Why? The thing to do would be to knock on the door of the owner and simply ask, though I’m worried the question would come out, “What’s wrong with you?”
So I wait.
Of course truly rich people buy and sell residences at the drop of a hat. Hedge fund multi-billionaire Ken Griffin owns $1 billion in high-end properties. He paid $58 million for a four-floor penthouse at No. 9 Walton, bought a $250 million condominium in New York City and assembled a “colossal” $450 million estate, with a quarter mile of beach, in Florida. The Versailles he’s building is a sprawling 44,000 square feet, the floor space of a dozen typical North Shore mansions.
Before he fled to Florida to be among his people, Griffin tossed a condo’s worth of cash — $125 million — at the Museum of Science and Industry, buying the promise to rename the Kenneth C. Griffin Museum of Science and Industry.
To its credit, the MSI has been slow walking the change the past three years. I imagine its administrators, whenever the subject arises, slumping in their chairs and moaning, “Awwww, do we hafta?”
The change will sting. I remember older Jewish relatives who called the place “The Rosenwald,” a de facto honor to Julius Rosenwald, who fronted the $3 million in 1926 — $51 million today — to create the Museum of Science and Industry, modestly declining the chance to put his name on it, knowing that a man is remembered by his good works, not by ponying up bucks to plaster his name over things in a self-aggrandizing fashion.
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