$90 million NYC penthouse has a buyer

A Central Park-facing penthouse on the 89th and 90th floors of one of the hottest residential buildings in Manhattan is under contract for more than $90 million and is set to be a record sale — by more than $2 million — in New York City real estate, the Wall Street Journal reports.

Billionaire William Ackman, who runs the hedge fund Pershing Square Capital Management LP, is the figurehead behind a group making the purchase, the news site’s “Money Beat” blog reported.

Source: Wall Street Journal