Manhattan Penthouse: Still Falling

Living Room of Manhattan Lofts Unit 808, Houston

Here’s as dramatic a perch as any from which to enjoy a high-price-condo meltdown: the empty cupola atop the 8th-floor penthouse of the Manhattan Lofts building in Uptown. And hey, it looks like quite a fall to the floor below. Maybe stepping down slowly would make some sense?

Almost exactly a month after our original report on this over-the-top, oversized, and overpriced Manhattan penthouse, the price was cut a sixth time, to $1.65 million. How long before it breaks into six figures?