Why would the owner of one of the most famous and high powered radio stations in the #1 market in the world buy a 10,000 watt outlet in the X-band part of the dial that served a small community well away from his home broadcasting area?

That's just what John Catsimatidis did. The billionaire owner of WABC-AM New York has acquired his third station, this one WRCR-AM in Rockland County, N.Y.. And what does he plan to do with this new bauble? For the moment, rebroadcasting - yep, WABC. (He already does this on a Long Island FM he previously purchased.)

The odd thing is that I'm pretty sure they can get WABC in the area of the newcomer's licence, so I have no idea why he would shell out the money for such a small station. There are hints in the article below that he may have other plans for the place, but no matter how much money he spends, I'm not sure he'll ever see a return on his investment. 

Rockland's lone local radio station WRCR AM sold to NYC media group