Biggest price cut of the day

March 18, 2009 04:58PM

A four-bedroom, three-bathroom penthouse at 116 Central Park South, between Sixth and Seventh avenues, saw today’s biggest price cut, according to The price of penthouse B was cut by $324,999, a drop of 8 percent from its most recent listing price of $3.99 million. The unit has been on the market for six months. Jennifer Kalish of Prudential Douglas Elliman has the listing. TRD

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