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Frank McCourt spends $77M on Palm Beach estate

60 Blossom Way. Inset: Frank McCourt
60 Blossom Way. Inset: Frank McCourt

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From the South Florida website: A trust tied to billionaire real estate investor Frank McCourt paid $77.06 million for an oceanfront estate in Palm Beach, near neighbors like hedge funder Ken Griffin and President Donald Trump’s Mar-a-Lago.