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Meanwhile in the City

Bernie Madoff's long done deal in Montauk made us almost forget that the ponzi schemer has two other properties still sitting on the market. In a pricechopping move to live in infamy, Madoff's former Upper East Side penthouse has been hit by a $1 million reduction, bringing the asking price down to $8.9 million. We didn't take the U.S. Marshals to be the chopping kind, but these are scary times. Score 1 for the pebble fireplace. [Curbed via StreetEasy]