Ultimate Boat Clubs is the first to offer fractional ownership of power boats, cruisers and yachts in the Connecticut and New York areas that border the Long Island Sound. Currently the company has two locations in Stamford, CT, and Old Saybrook, CT, and plans for more locations are in the works. The company offers three levels of membership (based on the size of the vessel) starting at $5,900 for one year. Members have access to a fleet of boats and the annual fees cover insurance costs, slip fees, commissioning/ decommissioning costs, maintenance, repairs and storage — all members pay for is gas. For more information read this article in the Pictorial Gazette, or visit the Ultimate Boat Clubs website.