The billionaire hedge fund manager Bill Ackman has been told to revise his plan for a penthouse apartment on top of a historic Manhattan building after his neighbours complained that it looked like “a Malibu beach house that got blown on to our New York roof”.
Ackman, who has built up an estimated $3.3bn (£2.5bn) from his hedge fund Pershing Square Capital Management, failed to convince New York’s Landmarks Preservation Commission to approve the Norman Foster-designed two-storey penthouse atop an
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