Greg Gustafson
Project manager at Windermere Real Estate and longtime caretaker of the historic wooden yacht Malibu, leading her multi-million-dollar restoration after she sank.
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Sep 5, 2026
Greg GustafsonGUEST
Well, the first part, as the Malibu sat on the rocks, someone deployed an oil containment boom around her and she was leaking a little bit of oil, but not much at all.
Greg GustafsonGUEST
It was actually engine oil just because the engine oil tanks and the engines were underwater.
Greg GustafsonGUEST
But the question was, is how to get the Malibu off the rocks? And no one really had the answer to that question.
Greg GustafsonGUEST
There was one person who was helping salvage the vessel, and he said, we need to lift her with a derrick.
6 MINS LATER