142 Park Avenue (Greenwich) sold for $3.9 million in 2007, priced at $3.750 this year, and has a buyer. If the seller gets close to her asked-for price, I’d say she dodged a bullet.
Same thing for 14 Dialstone in Riverside, bought for $2 million in 2007 and priced this year at $1.995.
All of these are contracts – I’ll report back on final prices when they close.
And among the price cuts posted today, I see that 41 Will Merry, bought for $1.425 in 2007, is reduced, again, to 41.250. This is not the market for marginal streets, I guess.