The Real Deal New York

Biggest price cut of the day

May 21, 2009 04:39PM

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The home to see the biggest price cut today is a
townhouse at 351 Riverside Drive, according to Streeteasy.com, which
Brown Harris Stevens calls the only free-standing, single-family mansion
in Manhattan. The price of the 12,000-square-foot home was lowered by
$5 million, and it is now on the market for $25 million. The mansion is
listed for 17 percent less than its original price of $30 million when
it first went on the market in December 2007. Brown Harris Stevens’
Diane Abrams and Felise Gross have the listing. The home, which has
3,400 square feet of outdoor space, was built in 1909 by William
Tuthill, the architect who designed Carnegie Hall. TRD

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