Starbucks CEO Howard Schultz’s Just Bought A $40M Condo In Greenwich Village

Though in all fairness, he did get a whopping discount on the $45 million property.

After conquering the coffee realm, Starbucks CEO Howard Schultz has finally decided to step down from the position of CEO last December after a winning reign of 3 decades. Schultz, however, is not one to lay low after having lived the fancy life. According to reports, just two months short of his acquittal, the man has purchased a new house worth $40 million in the Greenwich Lane development in New York City.

According to The Real Deal, at $8,054 per square foot, the penthouse is the most expensive condominium in Greenwich Village and has been christened the ‘jewel box in the sky’ with a breathtaking view of Manhattan’s skyline from the property’s gleaming French windows. Though Schultz managed to get the keys at only $7,159 per square foot, while maintaining the PH’s ‘most expensive’ tag.

The property occupies the 16th and 17th floors of the 155 West 11th Street, and measures at 5,587 square foot. It has 1,600 square feet of outdoor space, including a 1,400-square-foot wraparound terrace off the living room and another balcony off the master suite.

Howard Schultz will be handing over Starbucks’ reigns to company president Kevin Johnson; however, he will remain executive chairman of the coffee giant and focus on Starbucks’ high-end Reserve Roasteries business.

Featured Image: Australian Institute of Business

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