Biggest price cut of the day

The apartment with the biggest price cut in Manhattan today is a three-bedroom, three-bath unit at 304 Spring Street, between Hudson and Renwick streets, according to Streeteasy.com. The price decreased by $1.76 million, and is now listed for $4.99 million. This is the fourth time the price of penthouse 10 has been reduced, and it is now on the market for 46 percent less than its original listing price of $9.25 million in October. The apartment is being offered in a sealed-bid auction, which began this week and lasts until the end of the month. Halstead’s Richard Orenstein has the listing. TRD