Biggest price cut of the day

The unit to see the biggest price cut today is a two-bedroom, two-bath
co-op apartment at 4 East 70th Street, between Fifth and Madison
avenues, according to Streeteasy.com. The price of the apartment, unit 5A, a pre-war duplex, was cut by $500,000, and it is now on the market for
$3.495 million. This is the third time the price was lowered, and it is
now listed for 22 percent less than its original asking price of $4.495 million in January 2008. Halstead Property’s Robert Cabrera has the listing. TRD