Dakota unit in contract after two years

One of the Dakota’s largest apartments, a four-bedroom corner unit, has entered contract, according to the Observer, after almost two years of languishing on the market. Although it’s not immediately clear was the contract price was, the unit’s latest asking price was $12.5 million, an almost 50 percent drop from its original asking price. The Upper West Side apartment located at 1 West 72nd Street, which features courtyard views, was listed by John Burger of Brown Harris Stevens. [NYO]