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A Texan closed on the townhouse at 11 W. 12th St. once owned Malcolm Forbes for nearly $20 million.
A Texan closed on the townhouse at 11 W. 12th St. once owned Malcolm Forbes for nearly $20 million.Evan Joseph Images
11 West 12th Street
Evan Joseph Images
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11 West 12th Street
Evan Joseph Images
11 West 12th Street
Evan Joseph Images
11 West 12th Street
Evan Joseph Images
Advertisement
11 West 12th Street
Evan Joseph Images
11 West 12th Street
Evan Joseph Images
Advertisement

An Austin, Texas, entrepreneur, Carey Smith, has closed on his $19.9 million purchase of the late publisher Malcolm Forbes’ former Greenwich Village townhouse at 11 W. 12th St.

In 2018, Smith bought cyclist Lance Armstrong’s former home in Austin for $6.88 million.

The purchases were perhaps funded because Smith sold his fan-, light- and control-producing companies, called Big Ass Fans, for $500 million in 2017.

The sellers of the Manhattan townhouse, developers Todd Cohen and Terrence Lowenberg, bought it for $7.25 million in 2012 and then renovated it.

The 9,652-square-foot home, which comes with a garden and a two-car garage, first went on the market for $28.5 million last year.

It underwent two price cuts to its most recent asking price of $21.9 million. The home additionally features an 800-bottle wine room, a movie theater, a gym and a great room with ceilings over 22 feet high.

The listing brokers were Kyle Blackmon and Leonard Steinberg, of Compass, while Smith was repped by Corcoran’s Mark David Fromm.

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