Biggest price cut of the day

March 25, 2009 06:26PM

The unit with the biggest price cut in Manhattan today, according to, is a four-bedroom, five-bath penthouse at 161 West 61st
Street, between Amsterdam and Columbus avenues. The price of penthouse
A was cut by $2 million, and it is now on the market for $9.5 million.
This is the fourth time the 6,136-square-foot home’s price was lowered
since it went on the market in January. The apartment is now listed
for almost 30 percent less than its original price of $13.5 million. The
Corcoran Group’s Carrie Chiang and Janet Wang have the listing. TRD

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