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Greenwich Village Manse With Private Pool Drops Price By $6M

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After a top-to-bottom renovation that transformed an apartment building into a single-family townhome, the 10,000-square-foot house at 116 Waverly Place was listed in 2014 for $34 million. And unsurprisingly, many were shocked by that price tag, which is typically reserved for Upper East Side mansions or palatial penthouses along 57th Street. But after more than a year on the market, it was delisted in August, and is back for considerably less, at $29 million. Granted, it's still astronomically expensive, but it does come with a rooftop deck with a private pool, seven bedrooms, four fireplaces, double-height windows, a wine cellar, and an abundance of outdoor space. Robert Schwartz of Spruce Capital Partners, which bought and renovated the house, told the Wall Street Journal that the new price would be "very attractive" for prospective buyers. We'll see.

· Listing: 116 Waverly Place [Brown Harris Stevens]
· Greenwich Village Townhouse Reduced to $28.95 Million [WSJ]
· All 116 Waverly Place Coverage [Curbed]
· Pricechopper Archives [Curbed]