A newly renovated home is slated for demolition after selling for a record $70 million in Fort Lauderdale, Fla., according to sellers’ agent Tim Elmes of Compass. The seller is hedge funder [Donald Sussman](https://www.wsj.com/graphics/elections/2016/million-donors/?mod=realtor), who paid about $40 million to assemble the 2.7-acre waterfront property starting in 2015. He spent roughly $6 million renovating the
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