Biggest price cut of the day

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The unit to see the biggest price cut today is a three-bedroom, three-bath condo at 1 Central Park South, according to Streeteasy.com. The price of the home, apartment 1609, was cut by $1.5 million, and the unit is now on the market for $14.5 million. The home is listed for 19 percent less than its original asking price of $18 million when it first went on the market in May 2008. The 2,791-square-foot home features a library and concierge services. The Corcoran Group’s Nellie Wilson has the listing. TRD