Biggest price cut of the day

The unit to see the biggest price cut today is a four-bedroom,
five-bath co-op at 1120 Park Avenue, according to Streeteasy.com. The
price of the duplex, apartment 2021A, was cut by $775,000, and the
apartment is now on the market for $8.98 million. This is the third
time the apartment’s price was slashed, and it is now listed for 22
percent less than its original price when it first
went on the market in February 2008 for $11.5 million. Prudential
Douglas Elliman’s Clif Thorn and Jim Testa have the listing. TRD

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