Art Dealer Trades Greenwich Village Townhouse For $18M

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Art dealer Gordon VeneKlasen sold his townhouse in Greenwich Village for $18 million.

VeneKlasen, who owns the Michael Werner Gallery, sold his home at 7 MacDougal Alley to a buyer whose identity is shielded by a shell company, according to public records. The deal, which appears to be off-market, works out to roughly $4,500 per square foot.

VeneKlasen sought to offload the two-bedroom, two-bathroom abode last March for just under $20 million, though he pulled it off the market in December, according to a StreetEasy listing. VeneKlasen bought the home from billionaire hedge fund manager Daniel Loeb for $5.5 million in 2009.

After purchasing the property, VeneKlasen — whose gallery has locations on the Upper East Side, Beverly Hills, London and Athens, Greece — renovated it with renowned German architect Annabelle Seldorf. The home spans 4,000 square feet and features a double-height living room, chef’s kitchen, patio and rooftop garden. It also includes a private parking space.

The buyer, an entity known as City Weed LLC, was represented by an Austin, Texas-based attorney, Donald Stuart. Stuart did not immediately respond to requests for comment. Barry Landsman, an attorney representing VeneKlasen, declined to comment on the deal.

The deal for VeneKlasen’s home comes as prices for Greenwich Village townhouses have reached new heights. An entity connected to Altice USA’s Dexter Goi set a new record for Downtown Manhattan when it sold a double-wide townhouse in the neighborhood for $73 million in 2024.

Since then, other notable names have traded their homes in the area, including Texas-based entrepreneur J. Carey Smith, who found a buyer for his home at 11 West 12th Street in June, with a $27 million asking price.

Last year, David Zaslav, the CEO of Warner Bros. Discovery, sought to offload his Greenwich Village pad for just under $22 million, though he pulled the four-bedroom home off the market in December.