I Smithsonian, Land Trader

If the art and artifacts business doesn’t work out, the Smithsonian ought to consider the real estate business. The Smithsonian has flipped a building it bought and rehabbed, making a huge profit. “The museum bought the property and refurbished it in 1999 for $114 million and had used the nine-story building for office space. It sold for $157.5 million.”