There’s not much of a summer break where price cuts are concerned. There’s certainly not been mass reductions, however. Just three homes in the...

Price cuts on the city’s priciest pads have slowed in recent weeks, as sellers wait out the summer slowdown. Just three homes asking more...

The massive triplex penthouse at the Pierre Hotel — once the city’s most expensive listing asking $125 million — has finally found a buyer...

We’re halfway there… how much more can we chop? Singer/arena football team owner/New Jersey legend Jon Bon Jovi plucked $1.3 million off the asking...

UPDATED, 9:35 a.m., July 21: Will a price cut at the “gingerbread house” lead to a happy ending? The owners of landmarked home in...

In a sign of just how soft the market’s become for luxury co-ops, the owner of a duplex at 740 Park Avenue is now...

There’s no vacation from price chops. Despite the July 4 holiday, three homes in the over $10-million residential market received price reductions of more...

They say diplomacy is the art of letting somebody else have your way. Perhaps that’s the strategy businessman and former U.S. ambassador Bruce Gelb...

This week it’s prices — not cakes — that are getting cut. One of the biggest reductions over the last seven days was on...

Don Peebles has lowered expectations for his Hamptons mansion, and relisted the home with $4 million knocked off the asking price. The developer first...

An Icelandic businessman who’s been desperate to sell his $22 million penthouse in Gramercy Park for six years is now offering the condop for...

Pop art? More like chop art. This week, one of the biggest price chops was on a townhouse owned by the son of pop...

A deep-pocketed buyer just scooped up developer Christian Candy’s Plaza Hotel penthouse following a $20 million price chop. The triplex — which hit the...

As summer approaches, the price-chop gods are turning up the heat on a bevy of Manhattan townhouses. In total, 15 homes asking $10 million...

Pop singer Justin Timberlake picked up a penthouse at 443 Greenwich Street for $20.2 million — over $7 million down from the last asking...

UPDATED, May 31, 11:25 a.m.: With a sizable price chop, the owners of this Claude Monet-inspired townhouse are hoping it will finally make an …...

This price is going under the knife. This week, one of the biggest price cuts was at a United Nations Plaza apartment belonging to...

From popsicles … to chopsicles. One of the biggest price chops last week was on a townhouse owned by frozen-food entrepreneur Elisabeth de Kergorlay....

An Upper East Side townhouse comes with a price cut, and a panic room — but no young Kristen Stewart. The East 78th Street...

From the May issue: When Douglas Elliman’s Richard Steinberg took over a listing for an Upper East Side co-op last month, the first thing he...