Manhattan digs selling for less than purchase price

Some apartments in Manhattan’s top neighborhoods are now selling for less than their purchase price. A unit in the Financial District’s 80 John Street recently sold for $590,000, down from its January selling price of $720,000. In Tribeca, a condo at 166 Duane Street is on the market for $4.495 million, after being bought for $4.7 million in April.