Why Century City Ranks Among the Worst Real Estate Deals in Hollywood History

Fifty years ago, the ribbon was cut on the Gateway West Building, the culmination of a Hail Mary plan by 20th Century Fox to cover "Cleopatra's" runaway budget by selling its 260-acre backlot for $50 million -- land that's worth billions today.

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Why Century City Ranks Among the Worst Real Estate Deals in Hollywood History

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