Today’s biggest price cut

August 27, 2009 05:44PM

The Manhattan home to see the biggest price cut today is unit 10 at 25 Sutton Place on the corner of East 58th Street, a three-bedroom, three-and-a-half-bathroom co-op, according to The price of the 3,600-square-foot space was reduced by $1 million, to $5.8 million, marking a 15 percent price reduction. Listed by Sotheby’s International Realty, the pre-war unit features a library and water view. The unit was placed on the market Aug. 18 this year. This is the co-op’s first price cut. TRD

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