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Bill Ackman is a man of simple needs
Let’s say you’re a newly-minted billionaire hedge fund manager known to be hyper-competitive and maybe even a little bit of a show-off. How’d you like your office to look like?
Would you go all John Thain and have a $68,000 19th Century Credenza to go with your $87,000 pair of “guest chairs?” Or would you go the Soros/Lazard route and opt for ratty furnishings to show how scrappy and performance-minded you are?
Well, if you’re a billionaire fund manager named Bill Ackman, Crain’s says you go a totally different route:
“Mr. Ackman, who hopes to relocate his firm Pershing Square Capital Management into the 464,000-square-foot property located at 787 Eleventh Ave., has grand plans for his new office, according to sources. He wants to add two floors, totaling 60,000 square feet, on top of the eight-story building and install a large outdoor roof deck with a swimming pool and tennis court. Pershing Square, currently located at 888 Seventh Ave., would occupy the entire glass-boxed addition and have exclusive use of the pool and court.”
Photo: Insider Monkey