Inside Bill Ackman’s latest round of brash real estate moves

The billionaire’s splashy One57 purchase is not his only recent industry investment

Bill Ackman
Bill Ackman

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From the May issue: With a career marked by big real estate bets, which resulted in both hefty jackpots and big busts, it may not be surprising that William Ackman, who runs the $11 billion Pershing Square Capital Management hedge fund, continues to invest in the sector. [more]