The Real Deal New York

Charity doesn’t come cheap: Former Bear Stearns exec relists townhouse for $60M

Mansion was listed last year for the same price, with sale proceeds to be donated to charity
December 04, 2018 09:30AM

Warren Spector and 11-13 West 10th Street (Credit: Getty Images and Brown Harris Stevens)

A former Bear Stearns executive has just relisted his Greenwich Village mansion for $59.5 million, but he’s not lowering the price.

Warren Spector, former co-president at Bear Stearns, has listed his 23-room townhouse at 11-13 West 10th Street, Curbed reported. The home was listed in February 2017 at the same price but was taken off the market in July 2018, according to StreetEasy. Spector told the Wall Street Journal last year that he would donate the full sale proceeds to charity.

Brown Harris Stevens relisted the home on Nov. 29.

Spector and his late wife, actress Margaret Whitton, purchased the 16,560-square-foot townhouse in 2007 for $34.5 million. That same year Spector was ousted from Bear Stearns, before the company was purchased by JPMorgan Chase in an emergency sale arranged by the government.

The townhouse has eight bedrooms, a full-floor master suite with its own balcony, a double-height library and a roof-deck with an enclosed greenhouse.

David Kornmeier of Brown Harris Stevens is handling the listing. [Curbed] — Kathryn Brenzel