Bill Ackman Lists NYC Apartments With Multi-Million Losses: Report

Bill Ackman listed two of his New York City apartments for sale Thursday at a multimillion-dollar loss, according to a report.

The billionaire hedge fund manager is looking to offload two luxury apartments on Manhattan’s Upper West Side for $19.9 million — years after he shelled out $22 million for the couple, according to New York magazine’s real estate website Curbed.

Living room area in apartments 8E and 8F at Beresford. Sloan Square NYC

Ackman, the founder and chief executive of Pershing Square Capital Management, in 2017 cut a check for apartments 8E and 8F located in the Beresford Building at 211 Central Park West, according to Mansion Global.

The two apartments are each 3,000 square feet with three bedrooms, three bathrooms and a living room overlooking the park.

One apartment is listed for more, likely due to extensive renovations including a new kitchen and a bathroom with a glass-walled shower overlooking the park, according to Curbed.

Pershing Square did not immediately respond to a request for comment.

The luxurious 1929 Beaux Arts co-op, designed by Emery Roth, has been home to famous residents including journalists Diane Sawyer and Brian Williams and comedian Jerry Seinfeld, the report said.

Bathroom overlooking Central Park in apartments 8E and 8F in Beresford. Sloan Square NYC
Beresford Building at 211 Central Park West. Corbis via Getty Images

Ackman bought the side-by-side apartments — which share a landing and can be combined — to be near his children, who lived with his ex-wife in the $26 million upstairs, according to Mansion Global.

The hedge fund boss had sold the co-op on the 17th and 18th floors to his former landscape architect Karen Ann Herskovitz for $15 million after their split, real estate news site TheRealDeal reported in 2018. .The two were married for 25 years.

Ackman, who has a net worth of $8.9 billion according to Forbes, has since acquired a taste for rooftop penthouses atop glass skyscrapers — including his Norman Foster-designed pad on 77th Street and his digs of $91 million on 57th Street, according to Curbed.

The restrained suspect Ackman had left behind some of his art in the staged apartments, including a 1952 oil painting by Jan Müller in the living room of 8E.

Ackman, a staunch Trump ally, has supported the anti-DEI movement and criticized university leaders for their handling of explosive pro-Palestinian protests on campus.

Bill Ackman has listed two of his New York City apartments for sale at a multi-million dollar loss, according to a report. Bloomberg via Getty Images

The Harvard alma mater publicly called for his alma mater to fire then-president Claudine Gay, criticizing her for failing to crack down on anti-Semitism on campus.

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