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New York

Biggest price cut of the day

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A six-story townhouse at 317 West 77th Street suffered the biggest
price cut today, according to Streeteasy.com. The price was cut by
$1.25 million, and it is now on the market for $4.5 million. The
townhouse, between Riverside Drive and West End Avenue, has nine
bedrooms and eight baths. It is the building’s third price cut since it
originally went on the market in July for $6.5 million. The building is
now listed for almost 31 percent lower than its original price. The buyer
has the option of living in the duplex owner’s unit and renting out the
other four floors, or renovating the entire townhouse into a
single-family home. Dexter Guerrieri, Vandenberg Real Estate’s founder and president, has the
listing. TRD