Now the city is taking the first steps ... The new design is lovely and the phased process looks workable. My worries are more about what’s happening around Pershing Square and throughout ...

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media ...

Update: On March 12, Howard Hughes Holdings said the previously announced standstill agreement with Pershing Square Capital Management LP has been extended to April 7. The original story from ...