Trending

Biggest price cut of the day

The unit with the biggest price cut
today in Manhattan is a two-bedroom, three-bath co-op at the Rosario
Candela-designed
770 Park Avenue, according to Streeteasy.com. The
apartment, unit #14B, was cut by $2.4 million and is now listed for $7.5 million, down from its $9.9 million listing.
The apartment was originally put on the market at $10.95 million in May
2008, and cut to $9.9 million in September. Brown Harris Stevens’ Nancy
Elias and John Burger are listing the unit, which also has a 45-foot
terrace. The $2.4 million cut from the unit is almost double the average price of a co-op in Manhattan, which was $1.21 million in the fourth quarter of 2008, according to appraisal firm Miller Samuel.

Sign Up for the undefined Newsletter

Meanwhile,
the most expensive unit to come on the market today is a $9.35 million
condo at 151 East 58th Street, One Beacon Court. The 2,410-square-foot
unit has three bedrooms and three baths. Brown Harris Stevens’ Linda De
Luca and Corinne Vitale are listing the unit. On Monday, a One Beacon Court unit had the biggest price cut of the day. TRD

Recommended For You