Biggest price cut of the day

The unit to see the biggest price cut today is a four-bedroom, four-bath condo at 525 Park Avenue, at 61st Street, according to Streeteasy.com. The price of apartment 6S was cut by $500,000, and the home is now on the market for $8.5 million. The prewar apartment, which is 2,582 square feet, is listed for 6 percent less than its asking price of $9 million when it first went on the market last month. Brown Harris Stevens’ Edward Johnston III and Guida De Carvalhosa have the listing. TRD

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