Ross Stores’ Barbara Rentler bags $19M penthouse at Greenwich Lane

Discount chain CEO paid over $4,100 psf at Rudin, Global Holdings condo project

New York /
Jun.June 15, 2016 03:01 PM

Ross Stores’ Barbara Rentler may want customers to Dress for Less, but the discount chain’s CEO paid a premium for her new $19.1 million penthouse at the Greenwich Lane.

The retail chief — whose company operates off-price brands Ross Dress for Less and dd’s DISCOUNTS — scooped up the duplex pad at 150 West 12th Street for $4,119 per foot, according to city property records.

The West Village condominium project, on the site of the former St. Vincent’s Hospital, is being developed by Rudin Management and Global Holdings’ Eyal Ofer. Rentler’s apartment was asking $18.75 million, or just over $4,000 per foot, according to the Corcoran Group’s listing.

Property records show that a corporation dubbed Lincoln Walker Owner LLC closed on the luxe penthouse earlier this month. The LLC owns an apartment at 40-50 East 10th Street, which Rentler and husband James Tighe reportedly purchased in 2009 for $4.3 million.

The couples’ new digs measure 4,636 square feet and has three bedrooms, 3.5 baths and a nearly 800-square-foot private rooftop terrace.

Neighbors include Peter Barbey, the new owner of the Village Voice, who paid $26 million for his pad earlier this year, and actor Michael C. Hall, who recently listed his $4.3 million pad for rent. A $45 million penthouse at 155 West 11th Street, the priciest apartment at the development, is reportedly under contract.

Rentler joined Ross, the parent company of Ross Dress for Less, in 2014, becoming the 24th woman to be CEO of a Fortune 500 company. She earned $10.2 million in fiscal year 2015, according to Bloomberg BusinessWeek.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
(iStock)
Cincinnati agency buys 200 rental homes, elbowing out investors
Cincinnati agency buys 200 rental homes, elbowing out investors
Lloyd's of London headquarters at Lime Street (Lloyd's of London/CC BY 2.5 - via Wikimedia Commons, iStock)
Lloyd’s of London may exit “Inside Out” home after three decades
Lloyd’s of London may exit “Inside Out” home after three decades
Michael Fulfree and Bianca D’Alessio of Nest Seekers International (Nest Seekers)
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
(iStock/Illustration by Kevin Rebong for The Real Deal)
NYC investment sales hit multi-year peak to end 2021
NYC investment sales hit multi-year peak to end 2021
TRD EDU
Stay atop the market (and ahead of your competition) with TRD EDU
Stay atop the market (and ahead of your competition) with TRD EDU
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...