Turkey Has a $190 Million Ghost Town Filled With Castles

Located halfway between Istanbul and Ankara, the empty town of Burj al Babas consists of hundreds of almost identical castles in various states of completion. Developers meant for these uniform villas to be luxury vacation homes for wealthy tourists when they began construction in 2014. However, when the company went bankrupt in 2018, investors pulled out of the deal, which put construction on hold. The development cost a cool $200 million to build, but instead of a grandiose retreat, Burj al Babas has become a ghost town. Workers completed 587 of the 732 planned buildings. There were also plans to build movie theaters, sports facilities, and Turkish baths. Sarot Property Group says they only need to sell 100 villas to pay off their debt, but so far there have been no takers. In the meantime, the beautiful castles sit in the rolling hills of Turkey like elegant ladies in waiting.

Thursday, Sept. 24, 2020

Thursday, Sept. 24, 2020

On This Day

1869 - Thousands of businessmen were financially ruined after a panic on Wall Street. The panic was caused by an attempt to corner the gold market by Jay Gould and James Fisk.

Fact of the Day

In Japan, if a working day falls between two public holidays, that working day becomes an additional holiday by law, also known as “Citizen’s Holiday.”

Nature Oddities

When jaguars eat the leaves of the yaje plant, the are affected in much the same way as domesticated cats are affected by catnip.

Food and Drink

Tater tots were invented in 1953 when Ore-Ida founders were trying to figure out what to do with leftover slivers of cut-up potatoes. The product was first offered commercially in stores in 1956.
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