Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

Starbucks CEO Howard Schultz Buys $40 Million Manhattan Retirement Pad

Howard Schultz has bought one of Manhattan’s most expensive penthouses as he prepared to leave his position as the chief executive officer of Starbucks and head into semi-retirement.

Located in Greenwich Village, on the former site of St. Vincent’s Hospital, the apartment spills over the 16th and 17th floors of 155 West 11th Street. It’s 5,587 square feet, including 1,600 square feet of outdoor space in which to lounge and enjoy the view, reported The Real Deal real estate Web site.

Schultz, who helped build the Seattle-based coffee dispenser into one of the world’s largest global chains, will be handing off the reins to successor Kevin Johnson come April. He will still have a role in the company, working on the development of Reserve, Starbucks’ new line of “super-premium” coffee… because that four dollar latte wasn’t pricey enough.

Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..

Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.

—  Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.