GoKawiilBill Ackman to demolish NBC's SNL studio site for new brain research institute
Hedge fund manager Bill Ackman disclosed at the Fast Company Innovation Festival that he intends to tear down the Upper West Side building associated with Saturday Night Live to build a brain research institute. He shared the plan publicly, joking that the show's staff had not yet been informed of the demolition.
GoKawiil's interpretation of the reporting above, not reported fact.
The move signals Ackman's expanding ambitions beyond finance into scientific philanthropy, potentially reshaping a landmark piece of NYC media real estate. It also raises questions about how such redevelopment could affect NBC's production operations and the cultural footprint of the site.
- Ackman plans to demolish the SNL-linked Upper West Side building
- The site will become a new brain research institute
- The announcement was made publicly before informing SNL staff
Source: fastcompany.com, 2026-09-16
Published there as: “‘Dont tell Saturday Night Live´: Bill Ackman set to tear down SNL Upper West Side studio for brain research institute plans”
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