Former Fruit of the Loom CEO sells apartment for $7.5M

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Financier and former Fruit of the Loom President and CEO William F. Farley and his wife, Shelley, on Wednesday sold their seven-bedroom apartment on the 14th floor of the cooperative building at 209 E. Lake Shore Drive for $7.5 million — less than half of the original asking price when the Farleys first listed the unit in 2023.

A self-made Rhode Island native who at one time co-owned the Chicago White Sox, Farley acquired Chicago conglomerate Northwest Industries, which had owned underwear maker Fruit of the Loom, in 1985 and took the firm public two years later. He was at the helm of Fruit of the Loom until 1999, when a reorganization concluded with its sale to Warren Buffett’s Berkshire Hathaway holding company. He now runs Liam Ventures, a