Biggest price cut of the day

August 31, 2009 05:35PM

The Manhattan home to see the biggest price cut today is unit 4B at 177 East 77th Street on the corner of Third Avenue, a one-bedroom, one-bathroom condo, according to The price of the 1,057-square-foot space was reduced by $99,000, to $1.1 million, marking an 8 percent price reduction. Listed by Sotheby’s International Realty’s Chris Casey, the building features a doorman and a courtyard. The unit was placed on the market for $1.28 million in March this year by Prudential Douglas Elliman. Sotheby’s began representing the condo in April. This marks the second price reduction since Sotheby’s took over the listing. TRD

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