Biggest price cut of the day

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The unit to see the biggest price cut today is a four-bedroom,
four-bath co-op at 110 Central Park South, according to Streeteasy.com.
The price of penthouse 24 was cut by $2.1 million and it is now on the
market for $11.9 million. This is the second time the price of the
full-floor penthouse has been lowered, and the home is now listed for
25 percent less than its $16 million asking price when it first went on
the market in May 2008. Key-Ventures’ A. Laurance Kaiser has the
listing. TRD

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