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20 Pine Now Out to Ruin Michael Shvo's Summer Vacation

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The Shvotastic 20 Pine: The Collection kicked off the slow summer sales season with a little special?a free storage unit with buys made before September. But as the thermometer has climbed, actual dollars are finally getting shed from the listings still active in FiDi. (The building, with Turkish steam bath and private subway entrance, is reportedly over 90 percent sold.) A tipster forwards along a sales team e-mail about the discounts, and they're substantial. A 731-square-foot studio that hit the market in February for $945,000 is now asking $699,000, 26 percent off. (See the full array of cuts above.) Did someone finally turn the sales office calendar forward from 2007?
· 20 Pine coverage [Curbed]