Biggest price cut of the day

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The unit to see the biggest price cut today is a seven-bedroom, seven-bath condo at 823 Park Avenue, according to Streeteasy.com. The price of the 7,234-square-foot duplex was cut by $2.25 million, and it is now on the market for $14.5 million, 41 percent less than its original price of $24.75 million in August 2008, when the listing was with Brown Harris Stevens. The home is now listed with the Corcoran Group’s Carrie Chiang and Loy Carlos. TRD

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