Biggest price cut of the day

The unit to see the biggest price cut today is a five-bedroom, five-bath apartment at 850 Park Avenue, apartment number 3-4D, according to Streeteasy.com. The price of the 5,600-square-foot co-op unit was cut by $1 million, and the Upper East Side home is now on the market for $7.9 million, a 20 percent drop from its original asking price of $9.9 million when it first hit the market in February. The Corcoran Group’s Carrie Chiang has the listing for the duplex which has a separate maid’s room and bathroom. TRD

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