Bill Ackman-backed firm selling long-stalled Seaport lot for $150M – a fraction of what it sold for in 2018

One of downtown’s longest-stalled development sites may get new life after billionaire hedge fund boss Bill Ackman’s Seaport Entertainment Group agreed to sell 250 Water St. for $150.5 million — a massive haircut from what the undeveloped lot fetched… [3428 chars]