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The Manhattan home of William “Billy” McFarland, the entrepreneur who promoted the failed Fyre Festival, is going on the market for $7.495 million.

The Fyre Festival was heavily promoted as a two-weekend music festival on an island in the Bahamas, with tickets costing up to $250,000 per person. It was abruptly canceled when concertgoers showed up to find unfinished amenities, limited staffing and subpar conditions. In June, Mr….