T
he apartment at 950 Fifth Avenue is currently listed for $22.5 million on StreetEasy, a significant decrease from the $26.9 million it was listed for in 2019-2021. The apartment features four bedrooms, three bathrooms, a chef's kitchen, and wood-burning fireplaces in the living room, dining room, and primary bedroom suite. The apartment offers a stunning view of Central Park from its corner location on 76th Street and Fifth Avenue.

    The apartment has been on and off the market in recent years at varying price points. It was previously listed for $19.5 million from September 2021 to July 2022 by Corcoran's Leighton Candler. Elliman's Jonathan Stein currently has the listing.

    If former Starbucks CEO Howard Schultz were to sell his recently listed apartment at 950 Fifth Avenue, he could buy approximately 5,420,000 Venti lattes (excluding tax and tip). Schultz's apartment is located in a prestigious co-op building that has housed some of the city's most influential figures, including Jonathan Tisch, CEO of Loews Hotels and co-owner of the New York Giants football team, and Dennis Kozlowski, former CEO of Tyco.

    Schultz's apartment purchases seem to coincide with his corporate moves. He bought the apartment in 2008, during the height of the financial crisis, after stepping down as CEO in 2000 and resuming the position. He again stepped down as CEO in April 2017, just months after purchasing a $40 million penthouse at Greenwich Lane, a Greenwich Village condo conversion led by the Rudin family and Global Holdings.

    Schultz has had a third run as CEO from April 2022 to March 2023, after which he stepped down from the company's board in September 2023. His other major endeavor, owning the Seattle Supersonics from 2001 to 2006, ended in seller's remorse when the new owner Clay Bennett moved the team to Oklahoma City just two years after purchasing the team. Schultz later stated that selling the team was one of his biggest regrets in his professional life.

    Hopefully, Schultz won't have similar regrets about his apartment at 950 Fifth Avenue.