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New York

Biggest price cut of the day

alternate text31 East 38th Street (left) and 201 East 80th Street, 12C

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Two homes tied for the greatest price cut of the day each with a
$300,000 reduction, according to Streeteasy.com. The first home is a
four-story townhouse at 31 East 38th Street, listed with Brown Harris
Stevens’ Mary Fitzgibbons for $7.95 million. The townhouse, which was
once owned by former New York City Mayor William Grace, according to
the listing, is now for sale for 9 percent less than its asking price
of $8.775 million when it went on the market in December. The townhouse
can be used as one residence, or floors can be rented out, the listing
says. The second home is apartment 12C at 201 East 80th Street, which
is listed with Halstead Property’s Beverly Feingold for $1.995 million.
The two-bedroom, two-bath condo is now on the market for 13 percent
less than its asking price of $2.295 million when it hit the market in
January. TRD