B
ill Ackman, the billionaire founder of Pershing Square Capital Management, is selling two Manhattan apartments at a significant loss. The swanky units in The Beresford building, located at 211 Central Park West, are listed for $19.9 million, down from the $22 million Ackman paid for them in 2017.

    The 3,000-square-foot apartments, each with three bedrooms and three baths, offer stunning views of Central Park. One unit has undergone extensive renovations, including a new kitchen and bathroom with a glass-walled shower overlooking the park. The building, designed by Emery Roth, is a luxury co-op that has been home to celebrities like Diane Sawyer, Brian Williams, and Jerry Seinfeld.

    Ackman initially purchased the side-by-side apartments to stay close to his children, who lived in a $26 million duplex upstairs with his ex-wife, landscape architect Karen Ann Herskovitz. After their divorce, Ackman sold the upper unit for $15 million. He has since acquired more luxurious properties, including rooftop penthouses on 77th and 57th Streets.

    Ackman's decision to sell the apartments comes as he has shifted his focus towards acquiring more high-end real estate. His net worth is estimated at $8.9 billion, according to Forbes.