Bill Ackman Lists CPW Apartments at $2 Million Loss

Billionaire hedge fund manager Bill Ackman has listed two neighboring Upper West Side apartments for a total of $19.9 million, more than $2 million less than he purchased them for in 2017. Curbed was first to report the news.

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Units 8E and 8F at the Beresford, located at 211 Central Park West (between West 81st and 82nd streets), are respectively listed at $8.4 million and $11.5 million. The properties, which share a landing and include a combined six bedrooms and seven bathrooms across nearly 6,000 square feet, are listed with Vivian Fisher of Sloane Square Real Estate and Deborah Kern of The Corcoran Group.

Curbed reports that 8F, the pricier of the two units, underwent a recent renovation resulting in a new kitchen and primary bathroom. According to the listing, the apartments share many amenities including a media room, staff rooms, computerized lighting, and a state-of-the-art sound system. As Curbed points out, the lack of photos of 8E’s bathrooms suggest they could use remodeling.

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Built in 1929 and designed by Emery Roth, the Beresford has counted celebrities like Jerry Seinfeld, John McEnroe, Glenn Close, Diane Sawyer and Diana Ross among its residents. Some of Roth’s other Upper West Side buildings included The San Remo, The Eldorado and The Ardsley.

The founder of Pershing Square Capital, Ackman and his wife purchased a Beresford duplex on the 17th and 18th floors for $26 million in 2006, The Real Deal reported. Ackman sold the space to his ex-wife following their 2016 divorce, then purchased units 8E and 8F in 2017.

Ackman also owns a $22.5 million home at 6-16 West 77th Street (between CPW and Columbus), which he won approval to turn into a two-story glass penthouse in 2022.

The full listing at the Beresford can be viewed here.

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