Price Cut at Bed Stuy Bohemoth

Back in early November we expressed our skepticism about the $1.5 million price tag that had been slapped on this 5-Story, 7,500-square-foot place on Madison Street in Bed Stuy. Nice place, but that’s a lot of dosh. Sure ‘nuf, we pulled up the listing yesterday and the asking price had been cut to $1.3 million. Given the momentum in the nabe these days, we won’t be surprised if they find their buyer at this price. Anyone have the skinny on activity surrounding this prop?
Bed Stuy 4-Family [New Millenium]
Highest Price in Bed Stuy [Brownstoner]