Starbucks CEO Howard Schultz drops $40M on the Greenwich Lane’s most expensive penthouse
It’s safe to say this $40 million penthouse is of the “venti” size, considering it’s the priciest unit in new mega-development the Greenwich Lane and, at $7,159/square foot, one of the most expensive residential sales in Greenwich Village to date. Though The Real Deal reports that the buyer is Starbucks CEO Howard Schultz, whose estimated $3 billion net worth makes this a drop in the bucket. The 5,587-square-foot duplex spans the 16th and 17th floors and boasts floor-to-ceiling windows with skyline views and more than 1,600 square feet of private outdoor space.
The penthouse has four bedrooms, direct elevator access, oak hardwood floors, custom millwork and six-inch baseboards, and custom lighting designed by Thomas O’Brien. A gallery on the 16th floor opens to a loft family room, which has a 44-square-foot balcony. Also on this floor is the master suite with its 184-square-foot terrace, two large walk-in closets, and marble bathroom, as well as two other bedrooms with en-suite bathrooms. Upstairs is the chef’s kitchen, which comes complete with custom-paneled, dark-stained cabinetry, veined gray marble countertops and backsplash, and high-end appliances. The bright living room has a fireplace and wet bar and opens to a huge, 1,400-square-foot, wrap-around terrace.
Schultz will be stepping down from his role as CEO in just two months to focus more on Starbucks’ new Reserve Roastery and Tasting Room business. In a recent interview with CNN Money, he attributed his ambition to his upbringing in the projects in Canarsie, Brooklyn, a long way away from his new Village penthouse.
[Listing: 155 West 11th Street, PH South by the Corcoran Group]
[Via TRD and CityRealty]
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