That’s a wrap! After months of rampant industry speculation — and more than a healthy dose of schadenfreude from the general public — the monstrous Bel Air estate known simply as “The One” has sold at an auction that closed yesterday afternoon. In the final minutes before the final bell, the highest bid stood at a paltry $70 million, but a bidding war in the last few seconds drove the sale price up to a whopping $126 million.
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