Undeveloped Arctic Land the Size of Manhattan Lists for $323 Million

By Sarah Rappaport – Bloomberg

The 14,830-acre plot lies approximately 40 miles away from the inhabited town of Longyearbyen (pop: 2,400) on the island of Spitsbergen. It includes more than 3 miles of coastline and is full of mountains, fjords and Arctic wildlife. From April to August, it’s under constant sunshine; October to February is the dark season.