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L.A. luxury real estate fight: The battle over ‘The One’
It’s hard to grasp the enormity of “The One,” but an aerial photograph of the largest modern home in the United States provides perspective. Viewed from a drone, the white marble structure once marketed for $500 million looks every bit the fortress towering over the scattered dwellings of a village. Of course, those diminutive quarters are themselves mansions that climb the hills of Bel-Air, houses that are multiple times smaller than the 105,000-square-foot behemoth hovering above them. That such a giga-mansion could be built says much about the asymmetrical excesses of our age — in which the struggle for housing plays out in the valleys as spec homes that only…