Contact Us
Slideshow

The Fabulous Real Estate Of WeWork Co-Founder And CEO Adam Neumann

National
    The Fabulous Real Estate Of WeWork Co-Founder And CEO Adam Neumann
    WeWork CEO and co-founder Adam Neumann

    WeWork co-founder and CEO Adam Neumann has been making headlines in recent months for his role in propelling the co-working giant forward. From launching a fitness and wellness concept to ushering in a pilot program for a new elementary school, Neumann has been at the forefront of a number of deals.

    But the dealmaking is not limited to his work life. While he has been expanding WeWork's $20B empire, Neumann has also been building his own, according to the Wall Street JournalFrom a Westchester County estate to a recently acquired Gramercy property, here are several assets owned by Neumann.

    1 of 6

    Gramercy Park

    The Fabulous Real Estate Of WeWork Co-Founder And CEO Adam Neumann
    Irving Place, Gramercy Park

    Why buy one when you can buy four? In a recent residential real estate purchase that closed this month, according to sources uncovered by The Real Deal, Neumann bought four units in a seven-story building for $34.7M in Gramercy, New York. Individually, the price tag for each unit was: $18M for a 4.4K SF duplex penthouse with four bedrooms, 5.5 bathrooms and a private roof terrace; $9.5M for a 2.2K SF, three-bedroom unit on the fifth floor; and $7.2M for the two units on the first floor, The Real Deal reports. The new triplex will be near the four-bedroom apartment Neumann has been renting at 18 Gramercy Park.

     

    2 of 6

    41 West 11th St.

    The Fabulous Real Estate Of WeWork Co-Founder And CEO Adam Neumann
    Greenwich Village, New York

    Purchased in 2014 for $10.5M, Neumann's Greenwich Village home is a six-bedroom, 5.5 bathroom Greek Revival-style townhouse. Built in 1847, the home boasts original hardwood flooring and a total of seven wood-burning fireplaces for those particularly cold New York nights, The Real Deal reports. The home is under construction, but once complete, it will have a fully renovated basement as well as a “stroller parking garage.”

    3 of 6

    34 Boutonville Road, Pound Ridge, Westchester County

    Last year, Neumann and his wife, Rebekah Paltrow Neumann, decided to venture into the country with the purchase of a 60-acre Linden Farm estate in Westchester. The farm was on the market for $22M, but the actual purchase price remains unknown.

    Much like the Greenwich Village home, the estate, originally built in 1929, has a historic allure. The eight-bedroom property features a 13.7K SF main house in addition to a horse stable with a riding ring, a pool and a tennis court, The Real Deal reports. There is a 4,000-acre nature preserve next door.

    4 of 6

    The Hamptons

    Who says running a $20B company does not come with perks? Neumann and his wife invested in a home in the Hamptons back in 2012. Little is known about the property aside from the purchase price of $1.715M. However, given the location, one can assume it serves as a place for family members to kick up their feet and relax when the opportunity arises. 

    5 of 6

    18 Gramercy Park

    The Fabulous Real Estate Of WeWork Co-Founder And CEO Adam Neumann
    18 Gramercy Park

    While Neumann does not own real estate at 18 Gramercy Park, he and his family have been renting a 4.2K SF condo in the building for several years. The condo has served as a second home while the Greenwich Village townhouse is under construction. The exact cost of the unit is unknown, but according to The Real Deal, a similar condo is currently listed for $46,500 per month.