Bill Ackman Buys 125 West End Avenue for $260M Brain Research Institute – Commercial Observer
Billionaire hedge funder Bill Ackman has kicked off his $260 million play to establish a brain research institute on Manhattan’s Upper West Side. Pershing Square Foundation, the philanthropic arm of Ackman’s fund, dropped $188 million to acquire 125 West End Avenue, according to city documents filed Tuesday. The 400,000-square-foot life sciences building planned for the…