Did Flatiron's 254 Park Avenue South Lose Its Gamble?

We'd almost forgotten the existence of 254 Park Avenue South, the Flatiron District condo conversion whose bid for total amenity overdrive consisted of, er, a lounge with a poker table. And perhaps we weren't the only ones who lost track of it, because the building's just made that most noticeable of cries for attention: PriceChoppage. Four units in the building (one not listed with the others) have been chopped by 18 to 24 percent. Prices now range from $575,000 for a studio to $2.32 million for a 2BR. If nothing else, 254 Park Avenue South seems self-aware: recent closings have had discounts in that range, with #10D closing last month at 21.3 percent off its asking price of $2.425 million. Maybe this little building will turn out to be a better gambler than we thought!
· 254 Park Avenue South [StreetEasy]
· Ridiculous Amenity Alert: A Deal on Park Avenue South [Curbed]