Former WeWork CEO Adam Neumann sells Greenwich Village townhouse for $13.65M

August 12, 2021

Streetview of 41 West 11th Street; Map data © 2021 Google

WeWork founder and former chief executive Adam Neumann has sold another property in his portfolio. The Greek Revival-style townhouse at 41 West 11th Street in Greenwich Village has sold for $13,650,000, according to property records. Neumann, who was ousted as the company’s CEO in 2019, and his wife, Rebekah Paltrow Neumann, paid $10.5 million for the home in 2013. The sale was first reported by the Wall Street Journal.

Built in 1847, the home contains six bedrooms, five and a half baths, and features several wood-burning fireplaces, original hardwood flooring, and a backyard garden.

The couple began a renovation of the townhouse shortly after purchasing the property, which included combining two of the home’s units into one and adding a rear addition. Because the property is landmarked, the renovation project required approval from the Landmarks Preservation Commission to move forward.

After Neumann left WeWork following a failed IPO, he put several of the properties amassed during his time as CEO on the market, including a Southampton farmhouse, an estate in Westchester, and a Gramercy penthouse last listed for over $37 million.


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