Apparently, "best living room(s) in the history of New York City" just aren't worth what they used to be. Or at least not what their owners thought they were. The penthouse in West 77th Street's Studio Building just had its price cut once again, this time down to $12.995 million (that extra $5,000 ought to do the trick) down from an original ask of $20 million. Swiftly approaching the PriceChopper Hall of Fame, the 4,187-square-foot 3BR/2.5BA has already been chopped once, significantly, since it was first listed in August of 2012. While the Natural History Museum views, 22-foot hand-painted ceilings, and eight-foot-tall 17th century stone fireplace imported from the Iberian Peninsula are all surely impressive, they weren't nearly enough to entice some buyer into paying upwards of $4,000 per square foot. Now, the apartment is "just" hoping to get over $3,000 per square foot.
· Listing: 44 West 77th Street #PH13 [Elliman]
· The Studio Building's Insane Penthouse Now $4.5M Cheaper [Curbed]