Hedge funder Bill Ackman sold another apartment to his ex-wife — and took a steep loss. Ackman sold his penthouse at 420 West Broadway for $7 million, according to records from the city’s Department of Finance. The co-op was listed for $17 million, the same price Ackman paid for the unit in 2015. (He bought the apartment from Drew Katz, who, as TRD reported in 2017, warned Ackman that Valeant Pharmaceuticals had systemic price problems […]
source https://therealdeal.com/2018/10/02/bill-ackman-sold-another-penthouse-to-his-ex-wife-and-took-a-big-loss-on-this-one/
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