Biggest price cut of the day

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The home to see the biggest price cut today is a three-bedroom,
four-bath co-op at 1040 Fifth Avenue, according to Streeteasy.com. The
price of the prewar home, apartment 56B, was cut by $1 million, and the apartment is
now on the market for $10.2 million. This is the apartment’s second
price cut, and it is now listed for 21 percent less than its asking
price of $12.9 million when it first went on the market in February.
The Corcoran Group’s Immy Mullin and Ruth Samuels have the listing.
Another home to see a significant price cut today, according to a press
release, is the penthouse at the Prime, at 333 West 14th Street. The
penthouse’s price was lowered by 21 percent, and is now on the market
for $5.9 million, down from $7.5 million. TRD

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