It was just purchased from the Coast Guard for $85,000, and will require much more than that in repair work to bring it up to current safety specifications. It's 25 miles out to sea, so it's a long boat ride or a shorter helicopter ride (the roof doubles as a helo pad). I myself wonder how they're going to power it - - solar and wind power only go so far. Still, it would be a marvelous place in the winter for stargazing, and sitting there on a clear night with the sea all around would be awesome and spooky at the same time.
Here's a pic of what the tower looked like a few years ago:
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