Bill Ackman is one step closer to leaving behind an Upper West Side building where he’s owned multiple units.
One of the hedge fund manager’s co-op apartments in a storied Art Deco building on Central Park West has entered contract after being most recently listed for $9.5 million in November — 30% less than what he bought the unit for. It was one of 33 luxury contracts signed in Manhattan last week, a slight uptick from the previous two weeks, according to the weekly market report released by Olshan Realty.
Ackman bought the three-bedroom unit for $13.5 million in 2017, shortly after his separation from wife and landscape architect Karen Ackman. He originally listed it for $11.5 million in November, but lowered that price in March and found a buyer weeks after. The unit features three bathrooms, a working gas fireplace, and three walk-in closets. The buyer and final sale price are not publicly available.
Ackman owns a neighboring apartment on the same floor of the building. He purchased it at the same time for a little more than $8.5 million and has most recently listed it for about $325,000 less than that.
Bill and Karen Ackman once owned another apartment on the 17th floor of the building together, purchased for $26 million in 2006. In 2018 Ackman transferred the apartment, plus two other rooms in the co-op, to Karen for $15 million, real estate records show. Ackman married designer Neri Oxman in 2019.
Ackman is known to own other homes in New York, with a $91 million, six-bedroom condo on Billionaire’s Row reportedly among them. The official owner is listed as shell company 57157 Co. LLC on property records.
Ackman made his fortune as the founder of hedge fund Pershing Square Capital Management. He is worth $8.9 billion, according to estimates by Forbes updated Monday.
Despite a history of donations to Democratic political candidates, Ackman came out in support of Donald Trump’s candidacy in the 2025 election. More locally, he has thrown his weight behind mayoral candidate and former governor Andrrew Cuomo. Ackman donated $250,000 to Cuomo, who resigned from state office in the wake of sexual harassment accusations, Politico reported.
Vivian Fischer, the Sloane Square agent who advertised the home, did not return a request for comment by press time.
The unit was one of the 33 Manhattan units listed at $4 million or higher that entered contract in the week of April 14-20. In total, 89 luxury homes in the borough have found buyers in the first three weeks of April — on track to beat last year’s April total of 101 contracts.
The week’s total was an uptick from the first and second weeks of April, which saw 27 and 29 contracts, respectively.
