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Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

Everybody has to live somewhere.
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Howard Schultz is marking the relinquishment of his Starbucks CEO position in a major way.

He reportedly dropped a cool $40 million on a glassy duplex penthouse at The Greenwich Lane development, sources told The Real Deal.

The property was described as a "jewel box in the sky" by the listing, and it had originally listed for $45 million. The apartment went into contract in February 2015, but the sale just recently closed via an anonymous LLC. 

Schultz is expected to step down from his leadership position on April 3, and he will focus on Starbucks' higher-end Reserve line and the company's social initiatives.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

1. Greenwich Village

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Greenwich Lane is a new development on a busy corner in New York City's Greenwich Village.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

2. Lobby

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The lobby is well-appointed with marble fixtures.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

3. Garden

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A private garden for residents lies out back.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

4. Children's playroom

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There's a children's playroom ...

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

5. Swimming pool

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... and a 25-meter swimming pool for communal building use. There's also a separate 5,300-square-foot health center.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

6. Private elevator

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Take the private elevator up to the 16th floor to access the duplex penthouse apartment. The apartment's total square footage is 5,587 when you also take the 17th floor into account.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

7. Four bedrooms and four and a half bathrooms.

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In total, the penthouse has four bedrooms and four and a half bathrooms.

Tour The $40 Million Manhattan Penthouse Bought By Starbucks CEO Howard Schultz

8. Views

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Floor-to-ceiling windows and 1,600 square feet of outdoor space allow residents to overlook much of lower Manhattan and the Hudson River.