A never-lived-in oceanfront mansion that quietly sold for $110 million last year is to be torn down and replaced with a new property.The mansion, built in 2016 at 1071 N. Ocean Blvd, Palm Beach, is owned by a company linked to cosmetics billionaire William P. Lauder.Lauder, 62, who is said to be worth $3.2 billion, is executive chairman of The Estée Lauder Company, also owns an empty lot next door and is believed to want to combine both parcels of land before building his dream home, just six miles from former President Trump's Mar-a-Lago.
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