In 2014, a newly renovated apartment building was transformed into a single-family town home. 116 Waverly Place in Greenwich Village was renovated from top to bottom. According to The Real Deal this 10,000-square-foot house hit the market in 2014 for $34 million price tag after Spruce Capital gave its renovation.
The Wall Street Journal reported that Robert Schwartz, owner and developer of Spruce Capital Partners said that, "the price tag was 'reasonable considering the size of the house and the square footage.'" However, its new price of $29 million makes it "very attractive."
It has been said that Spruce's company just paid $6.85 million for the whole apartment building in 2010. And the company made an extensive renovation in converting the apartments into a single family home.
According to Brown Harris Stevens, the place has been exceptionally renovated. The 22-foot wide, six-story single family home with 10,200 square feet has a magnificent interior living space with 2,000-square-foot outdoor space, three terraces with roof deck and private swimming pool that overlooks the Empire State Building and Freedom Tower.
The amazing home was designed by the well-known Chicago-based architect Dirk Denison. It has a high-speed elevator that runs in all levels. It has seven beautifully made bedrooms, 11 bathrooms, four fireplaces, double-height windows, a wine cellar, a complete smart home technology and a 15-zone central air conditioning system.
To add up, this luxurious home is located in a very nice tree-lined block that is just right across the Washington Square Park. With that it gives it homeowners an easier access to the best restaurants and entertainment located within the village.
Curbed reported that the said Greenwich Village home was delisted in the market last August and now it is back with its new price tag, a huge discount by $6 million.
