The Greenwich Village townhouse where the late Malcolm Forbes threw extravagant parties for CEOs and celebs just sold for $20 million — take a look inside.

• Malcolm Forbes’ old townhouse in Greenwich Village just sold for$19.9 million, an $8 million cut from itsoriginal asking price.
• The Forbes familysold the townhouse in 2012 for $7.25 million to developers who renovated the property.
• J. Carey Smith, founder of “Big Ass Fans,” bought the townhouse in June 2019.
• Greenwich Village isone of the most expensive neighborhoods in New York City.
• Visit Business Insider’s homepage for more stories.

The former townhouse of the late Forbes magazine publisher Malcolm Forbes has been sold for$19.9 million.

According toThe Wall Street Journal, the six-level townhouse, which Forbes bought in the early 1960s, was used to host parties for CEOs and celebrities.

The Forbes familysold the townhouse in 2012 to developers Todd Cohen and Terrence Lowenberg ofIcon Realty Management for $7.25 million. After massive renovations, it hit the market in 2018 for $28.5 million.

In June 2019, the 9,000-square-foot, five-bedroom home on 11 West 12 th Street was finally sold for over $8 million less than the original asking price.

Source: Read Full Article