The common wisdom is that the very rich are often immune from the ups and downs of the economy.
That premise is, naturally, debatable. But one very rich real estate tycoon is betting that there are enough of his ilk with cash on hand to buy his baronial estate in Alpine, N.J.
Richard Kurtz is selling is his mega-mansion and its luxurious extras—the priciest property in the nation’s wealthiest zip code.
That code, by the way, is 07620, a half-hour drive from Manhattan.
Kurtz, CEO of the real estate company Kamson Corporation, has priced his English-style manor estate, replete with carriage house, at a cool $68 million. (Check out our video tour of the mansion here.)