Adam Neumann tries once more to sell his NYC penthouse — this time for a loss

Adam Neumann

 

Adam Neumann, the ousted founder of former unicorn co-working giant WeWork, is once again attempting to offload his Manhattan penthouse triplex, the New York Times reports. It’s at least the third time he’s tried selling it — and now, a sale at its current asking price would mark a loss.

The disgraced CEO has been trying to sell the six-bedroom aerie at 78 Irving Place since 2019, when he quietly attempted to shop it off-market, before formally listing it for sale in 2020 with a price tag of $37.5 million.

Then, last summer, the now 45-year-old put the Gramercy Park abode back on the market for a discounted $32 million.

And now, as he continues downsizing his real-estate portfolio following WeWork’s fall from grace in 2019, he’s giving it yet another shot — with a further discounted ask of $24.99 million.

“The penthouse at 78 Irving offers a prospective buyer to come home to a romantic, Parisian-inspired … townhouse in one of New York’s most storied and artistically rich blocks,” Douglas Elliman agents Eleonora Srugo and Jordyn Taylor Braff, who share the listing, told The Post in a statement. “We are honored to have a listing with so much whimsical charm, beautiful design and gracious rooms at the current asking price.”

When Neumann and his wife, fellow WeWork co-founder Rebekah Neumann, 46 — who counts Gwenyth Paltrow as a first cousin — purchased the apartment in 2017, it was two separate units, one on the top floor and one a duplex just below it. The couple then combined the pair — for which they paid $27.5 million — into one three-story compound, which also includes a 955-square-foot private rooftop terrace.

Highlights of the property include a spiral staircase designed by architect Pietro Cicognani, a 30,000-watt light installation meant to mimic the Milky Way, and a kids’ bathroom inspired by the Beatles’ “Yellow Submarine,” according to the Times.

As well, the abode is accessed by a keyed elevator that opens directly into the foyer — and further features double-paned city-proofed windows, four full bathrooms and two half baths, Savant home automation and radiant heating throughout.

Real Estate – Latest NYC, US & Celebrity News

ENB
Sandstone Group