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Final Piece Comes Together For Bill Ackman’s $22.5M CPW Penthouse

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Hedge fund billionaire Bill Ackman will soon have his penthouse apartment become a reality now that the fourth apartment that’s a part of his $22.5 million penthouse off of Central Park West is purchased, according to city property records reviewed by The New York Post.

Ackman is known as being an activist investor and the CEO of Pershing Square Capital. His penthouse faces the Museum of Natural History, taking four previously uncombined apartments from a deceased author named Nancy Friday at 6 W. 77th St. Ackman even has the top floor to enjoy for his penthouse.

Records indicate that the apartment sales closed on the same day, but the final apartment that went for $8.9 million had a separate record, according to The New York Post.

A source speaking with The New York Post said that despite the main duplex that the 13-room penthouse will have, the four separate apartments will take a while to be converted into a penthouse.

Neri Oxman came along too, who is Ackman’s fiancé.

“She was so cool,” a spy said to The New York Post. “They climbed up a ladder to the roof together. It was so romantic.”

Ackman’s ex-wife lives close enough by the property that she could have accidentally bumped into them when they were there for the visit. She is right over at 211 Central Park West, according to The New York Post, where their kids also live.

Ackman did not provide a comment in time to The New York Post.

Listing brokers Wendy Sarasohn and Jamie Joseph, of Brown Harris Stevens, declined to comment.

Ackman also owns the $91.5 million “Winter Garden” penthouse at One57 — the second-most expensive apartment ever sold in New York City — which he once said he wouldn’t sell for less than $500 million.

The Jewish Voice reported about Ackman’s stake in Starbucks and the effect that knowledge had on markets.

Starbucks stock jumped by 3 percent last month after hedge-fund billionaire Bill Ackman made public a $900 million stake in the gourmet coffee chain.

“Shares have been on a tear of late, rallying nearly 16 percent in the past three months after initially plunging to start 2018,” CNBC reported. “But rather than jump right in, some market watchers say the stock has gotten a bit overheated.

“Shorter-term, we love that 17 percent move off the 2018 lows. But when you take the short-term and you put it in context of the longer-term chart, our positive enthusiasm starts to fade a little bit,” J.C. O’Hara, chief market technician at MKM Partners, said on CNBC’s “Trading Nation.”

“We really think that selling pressures are going to start to pick up a little bit, so we like the short-term momentum, but longer-term, we still think there’s plenty of resistance and there’s going to be some selling pressure now as managers reevaluate their longer-term holding positions,” O’Hara said.

As Restaurant Business magazine’s Jonathan Maze noted, “Ackman is no stranger to the restaurant business.”

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