NINE months after the billionaire British heiress Petra Ecclestone set this city buzzing with her purchase of a 123-room estate for $85 million, the real estate community here is hoping the sale will help propel prices high enough to crack the elusive $100 million barrier.
Even in this town of fast fortunes and extravagant mansions, the record purchase price, for Candy Spelling’s Manor in Holmby Hills, by Ms. Ecclestone, the daughter of the Formula One chief executive Berni… (View original article)