The biggest price cuts on luxury pads last week A UWS townhouse received the largest reduction
Clockwise from left: 43 West 75th Street, 140 East 65th Street, 88 Central Park West #7N
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 impression.
The 6,200-square-foot Lenox Hill home, which has a kitchen designed to resemble the one at the 19th-century artist s home in Giverny, had its price cut by 8 percent last week, and is now on the market for $13.5 million.
In total, just three places in the over-$10 million market received price reductions of more than 5 percent last week, according to data provided by StreetEasy. That’s a significantly lower number than usual, with as many as 10 ultra-pricey pads reduced in some previous weeks.
Here’s a look at the biggest price cuts in New York City:
43 West 75th Street
43 West 75th Street Previous Price: $14 million Current Price: $12.3 million Percentage Drop: 12 percent ($1,484 per square foot)
This multifamily building was first listed in August for under $14 million. In late April, it was removed from the market and then relisted last week for a reduced $12.3 million. The property spans five stories across 8,250新爱上海同城对对碰论坛