Bill Ackman Has Needs - Dealbreaker

Bill Ackman Has Needs

And they include an Olympic size pool and tennis court on top of his office.

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. The latter two amenities are important to Mr. Ackman, who had been close to leasing space at 250 W. 55th St., but backed out of that deal when the owner of that West Side tower, Boston Properties, declined to create a pool for him. [Crain's]