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Back in December 2017, then-WeWork CEO Adam Neumann bought four units in a condo building on Gramercy Park for a combined $34.7 million. At the time, The Real Deal reported that the co-working company had recently been valued at $20 billion after an investment from Softbank.
A little over two years later, a lot has changed: Neumann stepped down from the company last September following a failed IPO that exposed the company’s fiscal issues and leadership problems. He also recently listed those units at 78 Irving Place, with a whopping $37.5 million price tag. The listing includes a 6,630-square-foot triplex penthouse, as well as a 1,245-square-foot unit on the first floor.
Per the listing, the apartment was redesigned by architect Pietro Cicognani with interiors by designer Windsor Smith. The listing photos show a very white apartment with silver and gold touches, with wall moldings, several chandeliers, and a spiral staircase. Overall, there are six bedrooms, five full bathrooms, three half bathrooms, at least nine closets, a wood-burning fireplace, and a private roof deck.
Taxes are $14,465.96/month and common charges $23,326.6/month. Nick Gavin and Josh Doyle of Compass have the listing.
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