Meet Rat Island's New Big Cheese

First of all, there are no rats on New York City's Rat Island, the 2.5-acre rock (pictured above) that retired Port Authority worker Alex Schibli just bought for $160,000 in auction.

The 71-year-old Bronx man, who likes to kayak, can see the private island from his City Island backyard and for a decade has dreamed of owning it. Having just outbid about a half dozen others, his dream just came true.