Starbucks CEO Howard Schultz Paid $40 Million for Glassy Duplex Penthouse in Manhatten
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.
Read more about: Bill Rudin, Global Holdings, Howard Schultz, Starbucks.