Adam Neumann, founder of WeWork, currently living in Israel put his Manhattan triplex up for sale

Posted on Feb 16, 2020 by Ifi Reporter - Dan Bielski

Adam Neumann, founder of WeWork and a former CEO, currently living in Israel, put his Manhattan triplex up for sale for $ 37.5 million. The building is located in the Gramercy neighborhood near Gramercy Park.
In September 2019, WeWork was forced to step down as CEO of WeWork following the company's IPO failure. Neumann's retirement decision came after a series of pressures from the company's central investor Softbank, which wanted to take over the company and carry out a major reorganization that included the appointment of a new CEO as well as massive layoffs Of thousands of workers. Neumann gave up control of the company and any involvement in its activities, but received compensation of $ 1.7 billion.
Newman bought four condos in a 20s apartment building, including a penthouse in 2017, for $ 35 million. The deal marked an upgrade for entrepreneur and his wife, Rebecca Paltrow Newman, co-founder of WeWork, which already owns a townhouse in the Greenwich Village neighborhood, for which they paid $ 10.5 million in 2013.
Unlike the deal they made in Greenwich on their behalf, to purchase the house in Gramercy they chose to blur their identity behind Company Ltd. However, the ambitious building requests filed later, with the aim of renovating the property, confirmed the connection.
Over the past three years, the couple has made dramatic changes at home in Gramercy. They merged the existing penthouse duplex with the entire floor below it to create a three-story apartment.


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.