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Ackman's Majestic Auction Disappoints

Closing the loop on moneyman Bill Ackman's auction of his tiny guest suite in Central Park West's The Majestic, a tipster reports that Ackman "got about $320,000" for the 322-square-foot space. Not bad, but remember Ackman had been seeking $950,000 for the meticulously renovated 18th floor pad, which can be used as a staff apartment or sleepover spot for guests. He bought it as a companion to his big apartment one floor above for $450,000 in 2007, and the auction was only open to Majestic residents. Maybe he didn't serve enough wine to get bidders in the mood? [CurbedWire]