Carrie Chiang, with an exterior and interior shot of 7 West 54th Street

The Lehman Art House has undergone a price cut from $65 million to $49.9 million, Curbed reported. But even with the 25 percent cut, the asking price still makes the art house New York’s most expensive office property on a price-per-square-foot basis. [more]

From left: Paula Del Nunzio and 7 West 54th Street

An office building on West 54th Street is hitting the market at just less than $4,000 per square foot, the most expensive asking price ever for an office property, according to the Wall Street Journal. The building is a Beaux-Arts mansion at 7 West 54th Street, between Fifth and Sixth avenues, that was built more than a century ago as the home of Philip Lehman, the former head of Lehman Brothers. [more]