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

New York /
Dec.December 04, 2018 09:30 AM

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


Related Articles

arrow_forward_ios
Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard
Making Lemonade: Don Lemon breaks even on Harlem condo sale
Making Lemonade: Don Lemon breaks even on Harlem condo sale
(IStock illustration by Kevin Rebong)
Smaller cities look to cash in on shift to remote work
Smaller cities look to cash in on shift to remote work
Douglas Elliman chairman Howard Lorber (Getty)
Douglas Elliman reports $14M profit, 50% revenue jump in quarter
Douglas Elliman reports $14M profit, 50% revenue jump in quarter
Glenn Kelman (Randy Stewart via Flickr)
Redfin revenue grows as it races to hire more agents
Redfin revenue grows as it races to hire more agents
Photo illustration of Mayor Bill de Blasio as Uncle Sam (iStock, Getty/Illustration by Kevin Rebong)
NYC has $1.3B in unpaid property taxes
NYC has $1.3B in unpaid property taxes
(Getty)
Nearly half of home sellers overpaid their broker fees in 2020
Nearly half of home sellers overpaid their broker fees in 2020
CBRE CEO Bob Sulentic. (CBRE, Getty)
CBRE’s 2020 earnings down 8%
CBRE’s 2020 earnings down 8%
January is the second consecutive month of increase in new home sales. (Getty)
Sales of new homes up 4.3% in January
Sales of new homes up 4.3% in January
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...