A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan
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A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan
New York billionaire Bill Ackman, known for his contrarian Wall Street bets, has just embarked on a very different sort of venture: Building a major research center on Manhattan’s Upper West Side dedicated to understanding the brain. The project, which was inspired by a recent family ordeal, will be housed in a 400,000-square-foot building at 125 West End Avenue on Manhattan’s Upper West Side that Ackman’s Pershing Square Foundation purchased this week for $190........
