Palatial Greenwich Village townhouse owned by an ex-Bear Sterns exec wants $59.5M

Before the current megamansion craze began to take hold, former Bearn Sterns executive Warren Spector bought a positively massive home—spanning 16,560 square feet, with an additional 5,000 square feet of outdoor space—on West 10th Street. When he snagged the place in 2007, he paid $34.5 million; now, after some upgrades, the 55-foot-wide house is back on the market with a supersized price: $59 million.

Along with his wife, the late actress Margaret Whitton (who passed away at the end of last year), Spector renovated the palatial estate, adding a garden, a double-height library, and more, according to the Wall Street Journal. The couple also made some rather fancy additions for entertaining, per WSJ:

There is also a music room with a piano, where Mr. Spector said he and his wife hosted frequent concerts as well as fundraisers for a variety of different charities and nonprofits, including the Public Theater, where he was previously chairman. He said they also hosted screenings in the roughly 26-foot-wide home theater on the third floor.

But Whitton passed away at the end of 2016, and Spector is moving on—and, according to the WSJ, he’ll donate the proceeds from the home’s sale to charity.

The house itself has eight bedrooms over its six stories (yes, there’s an elevator), along with all of the amenities you’d expect from a $59.5 million townhouse: wood-burning fireplaces, high-end chef’s kitchen, a full-floor master suite with its own balcony (and a “luxurious en-suite master bath … lined in blue onyx”), a roof deck with an enclosed greenhouse, and so much more.

You could do worse for $59.5 million, is what we’re saying.

• Listing: 11-13 West 10th Street [Brown Harris Stevens]
• Ex-Bear Stearns Executive Warren Spector Lists Townhouse for $59.5 Million [WSJ]