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  "documentTitle": "Pershing Square | Investor Presentation Deck | 57 slides",
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  "authorName": "Pershing Square Holdings",
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  "presentationDate": "2021-02-01 00:00:00",
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  "notes": "The slide uses a two-part structure: stabilization actions followed by recovery indicators.",
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      "text": "Acted quickly and decisively to stabilize the business: Raised $600mm of equity in March 2020; Pershing Square funds invested $500mm; Decentralized operating model reduced overhead.",
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      "text": "HHC is on a path towards a strong recovery in 2021: MPC land sales benefit from move to suburbs; Retail/hospitality improving; New leadership appointed; Refinanced debt.",
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      "text": "HHC's transformation into a leaner and more focused organization enabled the company to successfully navigate the impact of COVID",
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      "text": "Source: Company filings",
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      "text": "Howard Hughes Corporation (\"HHC\")",
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