Ex-'Village Voice' publisher lists Greenwich Village penthouse for $32M

No Village Voice, no Village home.Peter Barbey, a billionaire apparel mogul who led a failed effort to revive the storied Village Voice newspaper in the mid-2010s, is looking to say goodbye to the neighborhood in the publication’s name.Barbey has listed his 4,000-square-foot duplex condo at 140 W. 12th St., No. PH8, in Greenwich Village for $32 million, according to an ad that appeared last week.The holder of a major stake in VF Corp., a clothing and luggage conglomerate founded by his family in the 19th century whose products include Vans sneakers, JanSport backpacks and SmartWool socks, paid $26 million for the four-bedroom home in 2015, according to the city register. At that valuation, Barney could nab a more than 20% profit, though high-end sales for which the buyer paid the asking price or more have hardly been a sure thing.The same year Barbey snapped up the penthouse, which comes with a storage unit, a parking space for a “large SUV” and 3,100 square feet of terraces in a building near Seventh Avenue, he also purchased the Voice with plans to inject new life into the struggling, decades-old publication.Barbey was no stranger to periodicals. His great-great-grandfather and great-great-uncle founded the Reading Eagle of Reading, Pennsylvania—an English language reboot of an existing German paper—in 1868. Barbey served as CEO of the Eagle’s parent company at the time.But after cycling through three editors-in-chief in three years at the Voice amid a harsh ad sales... Continue reading at 'Crains New York'

[ Crains New York | 2024-06-24 17:26:41 UTC ]
News tagged with: #$5 million #stay dead #undisclosed terms #wealthiest families #relatives control #20% stake #mittens manufacturer #include timberland #market capitalization #$6 billion #publicly traded #$15 friday #greenwich lane #richard ziegelasch #newspaper publisher

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