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NYC Penthouse Once Listed For Record $250 Million Gets 22% Price Cut

The listing for a three-story condo at Central Park Tower was reduced after failing to sell for a year.

<div class="paragraphs"><p>The Central Park Tower residential skyscraper at 217 West 57th Street, center, along Billionaires' Row in the Midtown neighborhood of New York, U.S.</p></div>
The Central Park Tower residential skyscraper at 217 West 57th Street, center, along Billionaires' Row in the Midtown neighborhood of New York, U.S.
(Bloomberg) -- The developer of a penthouse on Manhattan’s Billionaires’ Row once listed for a record $250 million appears to have slashed the price 22% after failing to sell the condo in its first year on the market.
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