Activist investor Bill Ackman scoops up late author’s UWS co-op

Asking price was $22.5M

TRD NEW YORK /
Oct.October 23, 2018 09:00 AM

6 West 77th Street and Bill Ackman (Credit: Brown Harris Stevens and Getty Images)

Pershing Square Capital Management founder Bill Ackman is in contract to buy an Upper West Side penthouse formerly owned by late feminist author Nancy Friday.

The 13-room unit at 6 West 77th Street had an asking price of $22.5 million, according to StreetEasy. Friday, author of the book “My Secret Garden,” lived in the home from 1979 until her death last year. The apartment was listed in May by Brown Harris Stevens.

The proceeds of the co-op sale will be used to start the Nancy Friday Foundation, which will support emerging writers and animal welfare, the Wall Street Journal reported. Friday focused on topics of female sexuality and was once dubbed “the liberator of the female libido,” by Newsday.

The deal is Ackman’s latest purchase on the Upper West Side. Last year, the activist investor bought two units nearby at the Beresford building for nearly $22.1 million.

Otherwise, Ackman has been parting with a number of New York City apartments as he and his ex-wife split their marital assets. [WSJ] — Kathryn Brenzel


Related Articles

arrow_forward_ios
(Credit: iStock)

Strong quarter for Manhattan home sales belies current struggle

Manhattan resi listings continue nosedive: report

Manhattan resi listings continue nosedive: report

252 East 57th Street and 196 Orchard Street with Samantha Sheeber and Tal Alexander

Closing in the time of Covid-19: “We’re pulling out all the stops”

Kuwait’s consul general in New York, Hamad Al-Hazeem and 50 United Nations Plaza (Credit: Google Maps)

Kuwait’s consul general buys 50 UN Plaza pad for $16M

Web searches for terms including “homes for sale” are way down up north. (Credit: Pixabay)

Fewer Canadians are searching for homes online amid pandemic

Massive stimulus package has limited upside for real estate

Massive stimulus package has limited upside for real estate

About 450 sellers pulled their listings last week (Credit: iStock)

As New York shut down, so did its resi market

Is REBNY and StreetEasy’s decision a much-needed reprieve or data manipulation? (Credit: Pixabay)

Decision by StreetEasy, REBNY to stop market clock triggers debate

arrow_forward_ios
Loading...