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

Asking price was $22.5M

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
David Bitton, CMO and co-founder of DoorLoop and Ori Tamuz, CEO and co-founder of DoorLoop (Bitton, DoorLoop, Getty)
Startup DoorLoop to take on goliaths in rental management software
Startup DoorLoop to take on goliaths in rental management software
Richard Grossman
Brown Harris Stevens’ NYC president Richard Grossman steps down
Brown Harris Stevens’ NYC president Richard Grossman steps down
The six bedroom Sagaponack house (Out East)
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Sagaponack mansion lists for $32M in East End’s supply-constrained market
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Home sales dipped in August after two months of increases
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
Here are the homes that billionaire Paulsons will spar over in divorce
Builders broke ground on more residential properties in August than had been predicted, but the number of single-family housing starts fell below expectations. (iStock)
August housing starts rose but single-family properties fell short
August housing starts rose but single-family properties fell short
Compass CEO Robert Reffkin and First Alliance Title co-founders Lon Welsh and Greg Parham (Compass, First Alliance)
Compass picks up another title company
Compass picks up another title company
Joshua Kushner and Karlie Kloss, with the Puck Building at 295 Lafayette Street (Photos via Getty, Ceros)
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
Joshua Kushner, Karlie Kloss selling Puck Penthouses condo
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...