Coal baron’s waterfront compound sells for huge discount

The 16,000-square-foot waterfront mansion at 66 Seafield Lane is finally in contract, New York Post reported, more than six years after it was appeared on the market for $39 million. Its most recent ask was $16.75 million. The property was designed in 1903 by Lincoln Memorial architect Henry Bacon for William Atwater, a coal baron. The three-story home features nine bedrooms, nine bathrooms, six fireplaces and a billiards room. Douglas Elliman’s Enzo Morabito has the listing. [NYP]