Former WeWork CEO Adam Neumann Lists Triplex Penthouse For $37.5 Million

One of the cofounders of WeWork, Adam Neumann, and his wife, Rebekah Paltrow Neumann, are selling their five floors of real estate in a boutique building in New York’s Gramercy Park. The price includes a triplex penthouse on the upper floors as well as a 1,245-square-foot duplex apartment on the first floor.

This is the only active listing for the six-unit building, in which the Neumanns also own a second duplex unit on the first floor (but that is not included in the sale).

Neumann stepped down as CEO from the embattled WeWork last fall after it failed to complete its IPO and the company quickly went from an impressive $47 billion valuation to one of about $8 billion. Forbes estimates Neumann’s net worth as $1 billion.

This four-bedroom unit used to be four separate condos, which the couple purchased for a combined $35 million. They then brought on Pietro Cicognani to oversee the remodel and Windsor Smith to design the interiors. The new look of the 7,880-square-feet unit stays true to the 1920s era when the building was built, with white walls adorned with classic molding and many fixtures in an antique bronze finish. Pictured below is the living room, with working fireplace, that has an elaborate light fixture in subtle metallics. Peeking out from under the rug is the herringbone pattern of the wood floor—a pattern also visible inside the fireplace.

A circular staircase connects the levels of the unit, with a chandelier that hangs all the way down to the lower level. As the floor plans show, the layout of the home has the bedrooms on the lower two floors and the top floor, on the seventh level of the building, is where the main living spaces and kitchen are located. From this level there is access to a rooftop deck about 800 square feet in size.

The master bedroom, which takes up the entire first floor of the unit, comes with a serving bar tucked away near a seating area. Marble countertops and shelves complement the white walls in the rest of the space.

In the master closet/dressing room we see more of the light-hued marble, but this time a more traditional chandelier is used for the light source.

French doors open to the master bath with a vintage-style mirror against the far wall and an adjacent shower room.

The only glimpse of the kitchen is this picture of the stove, but you can get an idea of the decor with the vintage-style fixtures and sleek white backdrop consistent with the rest of the unit.

The listing is with Nick Gavin and Josh Doyle both of Compass.

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