Published On: Sat, Feb 11th, 2017

Starbucks CEO Howard Schultz Paid $40 Million for Glassy Duplex Penthouse in Manhatten

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floor-to-ceiling-windows-and-1600-square-feet-of-outdoor-space-allow-residents-to-overlook-much-of-lower-manhattan-and-the-hudson-river

Floor-to-ceiling windows and 1,600 square feet of outdoor space allow residents to overlook much of lower Manhattan and the Hudson River.

 

Starbucks CEO Howard Schultz reportedly dropped just over $40 million on a glassy duplex penthouse Greenwich Lane Condo Complex on West 11th and West 12th Streets, at the Bill Rudin and Global Holdings’ in Greenwich Village, sources told The Real Deal.

On April 3 the Seattle-based CEO is expected to step down from his leadership position at the coffee giant. He will reportedly retain his title of executive chairman and focus on Starbucks’ high-end Reserve Roasteries business and the company’s social initiatives.

The sprawling penthouse was described as a “jewel box in the sky.” The property had originally listed for $45 million in February 2015.

 

 

starbucks Howard Schultz

Starbucks founder and CEO Howard Schultz

Tracking the Rise of the Huge Greenwich Lane Condo Complex starbucks-ceo-howard-schultz-greenwich-lane-on-west-11th-and-west-12th-st

Tracking the Rise of the Huge Greenwich Lane Condo Complex

greenwich-lane-is-a-new-development-on-a-busy-corner-in-new-york-citys-greenwich-village

Greenwich Lane is a new development on a busy corner in New York City’s Greenwich Village.

the-lobby-is-well-appointed-with-marble-fixtures

The lobby is well-appointed with marble fixtures.

a-private-garden-for-residents-lies-out-back

A private garden for residents lies out back.

and-a-25-meter-swimming-pool-for-communal-building-use-theres-also-a-separate-5300-square-foot-health-center

a 25-meter swimming pool for communal building use. There’s also a separate 5,300-square-foot health center.

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