Soho penthouse now 50 percent less than asking price

One year ago, a
duplex penthouse at 43 Wooster Street was listed at $12.5 million.
Now, the 2,600-square-foot unit is on the market for $5.9 million. The two-bedroom, two-bath
apartment suffered two price reductions in the last week, down to
$6.995 million and then finally, to $5.9 million. The owners bought the
penthouse for $4.171 million in 2006.