♦ Hedge fund mogul and Obama mega-fundraiser James Torrey has chopped $2 million off the price of the duplex at 131 E. 66th St. that he and his wife listed just over one month ago. The 4,850-square-foot spread is now on the market for $12.5 million. [Cityfile, Corcoran]
♦ UBS exec Ramesh Singh and his wife Farida Khan are finally unloading their co-op at 860 Park Avenue. The four-bedroom apartment, which underwent a handful of price cuts since it was first listed for $13.4 million in 2007, was most recently on the market for $9.5 million before it went into contract last week. [Cityfile]
♦ Tommy Hilfiger has taken his $50 million Plaza apartment off the market, and is now reportedly planning to move into the 6,000-square-foot duplex himself. [NYP]