Biggest price cut of the day

The unit to see the biggest price cut today is a one-bedroom,
three-bath co-op at the Dakota, at 1 West 72nd Street, according to
Streeteasy.com. The price of apartment 1011 was cut by $1.6 million,
and the home is now on the market for $5.9 million. The unit is listed
for 21 percent less than its asking price of $7.5 million when it first
went on the market in July 2008. Prudential Douglas Elliman’s Dolly
Lenz has the listing. According to Streeteasy.com, there are four
apartments for sale in the famed building — where Judy Garland, John
Lennon and Leonard Bernstein lived — and three of the homes have had
their prices slashed. TRD