Soho Properties has paid some $5 million in cash to buy the Burlington Coat Factory building, a building that yields no income. They are paying rent to hold rights to the Con Ed building, which also yields no income. All of this in the midst of the worst commercial property slump in memory, in an area of New York with a very uncertain economic future. And these are not super-rich guys: Sharif el-Gamal lives in an Upper West Side apartment purchased in 2007 for $1 million. Click here to read what $1 million bought in Manhattan before the crash. You...