Price Cuts at 111 Monroe Street


Over the weekend, eight units at 111 Monroe Street received price reductions of 10 percent or so; the highest-priced unit to get its asking price trimmed was a 950-square-foot two-bedroom that went from $505,000 to $455,000. As you may recall, the 29-unit building is one of the projects in the borough that's offering buyers FHA-financed deals that require just 3.5 percent down.
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