Billionaire William Ackman Revealed to be One57 Penthouse Buyer

Written By Aby Thomas | May 20, 2013

The penthouses at One57 have been the stuff of lore in the Manhattan real estate sector—everything about these luxury residences, be it their expansive spaces or their stunning views, have been praised and lauded in the past couple of months. Of course, the prices of these penthouses were responsible for most of this buzz in the market—given that these apartments were listed for more than $90 million, there’s been a lot of speculation about who were the mystery buyers of the duplex penthouses at One57.

Last week, the Wall Street Journal revealed one of the One57 penthouse buyers—a report in their MoneyBeat blog said that a group of investors led by billionaire hedge fund manager William Ackman is now in contract to buy a 14,000-square-foot penthouse on the 75th and 76th floors of the building. Ackman, whose net worth has been estimated by Forbes to be about $1.2 billion, has reportedly bought the apartment as an investment, and doesn’t plan to move into the sprawling penthouse anytime soon.

Ackman currently lives at an apartment at The Beresford on the Upper West Side, which he bought in 2006 for $26 million. Besides the One57 penthouse and his Beresford residence, Ackman is also the owner of homes in Bridgehampton, Long Island and Chatham in upstate New York. Ackman is currently trying to sell his home in Chatham, and is asking $3.8 million for his 100-acre home that also contains a movie theater, a tennis court and a 75-foot swimming pool. (Ackman had previously listed the home for $5 million.)

We have to admit that we are more than a little puzzled by Ackman’s decision to not move into the penthouse at One57. The six-bedroom apartment is one of the most desirable pieces of real estate on the market, and one would think that the owner would reside (at least for a while!) in this stunning home. The apartment looks out to Central Park, and having had a glimpse of what that view looks like, we hope that Ackman reconsiders and does indeed try living at One57—we’d certainly love to hear what that feels like!

Blog Archive


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2021 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Elegran LLC. IDX information is provided exclusively for consumers’ personal, non- commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Elegran LLC may or may not be the exclusive listing agent of the properties being displayed on All data displayed on is presented for informational purposes only and should be independently confirmed by all customers. All Information is compiled from both public and private sources including, but not limited to the RLS, MLS and ACRIS; each of which is assumed to be reliable. All information displayed is subject to errors and omissions regarding apartment specifications and final sale prices, and further, any unit listed may have had its listing withdrawn without notice subsequent to such information being compiled. No representation is made as to the accuracy of any description (ie: listing, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed by customer and/or their attorney. Elegran LLC, its members, affiliates, and contributors adhere to New Your City, New York State, and United States Fair Housing Laws.