The elusive Covid discount claims another victim, this time it’s a two-floor co-op at a prestigious Park Avenue address with a renown owner. U.S. Treasury Secretary Steven Mnuchin has relisted his five-bedroom unit at 740 Park Avenue asking for $25.75 million, a 20 percent cut from when he put it on the market two years ago for $32.5 million, the New York Post reported. Manhattan’s luxury market has been giving up gains since about 2017.
source https://therealdeal.com/2020/08/19/steven-mnuchin-relists-park-avenue-pad-for-20-less/
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