Price Cuts at the Oro

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Looks like developers have taken the axe to the Oro, where a 1,092-square-foot, two-bedroom, two-bath unit got a $35,000 chop after 383 days on the market, according to StreetEasy. It's now $777,000. Okay, so it's a small axe. Another studio got a $30,000 discount, to $480,000. Unit 14F got an increase, however; the one-bed, one-bath is now $589,000, up from $577,000 three days ago. The building (which is a Brownstoner advertiser) has only reduced a few units over the past months; think this will be enough to get it moving?
Closings Begin at Oro [Brownstoner] GMAP
Oro Closings Becoming a Reality [Brownstoner]
Price Cut at the Oro [Brownstoner]

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