Bill Ackman’s Foundation Pays $260 Million for 2 Manhattan Buildings to Become New Brain Research Center

Bill Ackman’s Foundation Pays $260 Million for 2 Manhattan Buildings to Become New Brain Research Center

Hedge fund executive Bill Ackman’s Pershing Square Foundation has acquired two buildings on Manhattan’s Upper West Side for $260 million, with the goal of creating a brain research center at the properties. Fortune reports the foundation paid $190 million for 125 West...
Hits and Misses for the Real Estate Week of Jan. 5-9

Hits and Misses for the Real Estate Week of Jan. 5-9

A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...