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Curbed PriceChopper: New and Price Improved on Park Ave.

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Park Avenue's brand spankin' new glass slipper is already showing some cracks. The curious case of 1055 Park Avenue, a sliver of a five-unit building that's quite the tight squeeze, is only made more curious by this latest development: The penthouse duplex that recently hit the market for a shade over $9.3 million has already been PriceChopped nearly 20 percent, down to $7.5 million. In Carnegie Hill, where any new construction is enough to inspire at least one Tom Wolfe op-ed, this is cause for muck tisk-tisking. Writes one neighborhood tipster: "The unit from the outside looks barely done. It has to be CASH FLOW that is screaming. It's not going to be easy to find a willing buyer to put up with these contingencies." Such are the sacrifices we all must make to enjoy the services of the Luxury Attaché concierge.
· Listing: 1055 Park Avenue #PH5 [StreetEasy]
· On the Market: Park Avenue's Glass Slipper [Curbed]

1055 Park Avenue

1055 Park Avenue, New York, NY 10128