While not the first time this has been done, some nutcase in the Netherlands (probably that loon rappelling down the side in the picture) has converted an old water tower into an apartment. Why you ask? Because he could. And was rich, it looks like you'd have to be rich to do something like this. I don't care what you think though, it doesn't beat the Burger King I turned into an apartment. And by turned into an apartment I mean broke into one night and passed out trying to make fries.
A few more after the jump, including one of how it would have turned out if I was in charge.
Water Tower Apartment Mod [boingboing]