Topline: We take a look at how the dispute between Marvel and Sony over 'Spider-Man' could be resolved; Y Combinator's Demo Day shed light on some big trends in tech; after asking $1 billion and a fair bit of legal wrangling, the largest parcel for sale in L.A. sells for $100,000.
Previously Asking $1 Billion, Los Angeles’ Largest Parcel Sells For $100,000 After Dramatic Last-Minute Twist
A 157-acre parcel called"The Mountain" sold for $100,000 during a foreclosure auction earlier today, as the L.A. Times reportedThe 157-acre plot of land rising above Beverly Hills was the largest for sale in Los Angeles. Its owner wanted $1 billion for it, which would include the precious opportunity to build 12 feet higher than current code thanks to a grandfathered agreement.
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