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Home » WeWork founder Adam Neumann discounts his NYC triplex to $32 million
Finance

WeWork founder Adam Neumann discounts his NYC triplex to $32 million

Press RoomBy Press RoomAugust 1, 2023
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Let’s try that again.

Adam Neumann, former CEO and co-founder of shared-workspace company WeWork, is still hoping for a sale. The price tag this time for his posh New York City penthouse: $32 million, the Real Deal reports.

The Gramercy Park-area property spans three floors, six bedrooms, 5.5 baths, and a bit more than 4,000 square feet. The place first hit the market in 2020 with a larger number attached—$37.5 million.

Even with the recent price cut, the current ask was enough to land the swank dwelling on the Realtor.com® list of most expensive homes of the week.

Will this discounted second offering yield a deep-pocketed buyer? Take a look at all the upscale extras and decide for yourself.

Built more than a century ago, the stately home was redesigned by architect Pietro Cicognani, and the interiors were refreshed by Windsor Smith.

The public rooms feature a quiet palette of white and gray, lending an elegant air. But artful accents of color (pink in one bathroom, bright yellow in another) show up, too. For maximum privacy, all three floors are accessed via a keyed elevator.

Prewar flourishes include wood paneling, crown moldings, herringbone floors, and gorgeous chandeliers. There are also custom windows. A curvaceous staircase with a skylight winds upward, ending at a nearly 1,000-square-foot roof deck—perfect for outdoor entertaining.

This white-glove service, limestone-and-granite building has just six units, making this condo an intimate and exclusive living experience. It’s also just a few steps from two parks—Gramercy and Union Square, which is the longtime location of the beloved greenmarket.

Neumann served as WeWork CEO from 2010 until 2019, when he left after the troubled company had to delay a planned IPO.

The Israeli-born businessman is reportedly still a billionaire and unloading his other prestigious real estate in Westchester County, NY; the Hamptons; and the San Francisco Bay Area.

This story was originally published on Realtor.com, a real estate and rentals site. In addition to homes for sale, you can find rentals like Scottsdale apartments, Austin apartments, Tampa apartments, and more.

Read the full article here

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