Thanks to Valerie Kellogg, from Newsdayhouse-prices-falling for this…

“The asking price for this Mattituck house is being reduced by $5,000 every Wednesday until a deal is struck, reports New York magazine. Now at $1.52 million, the 5,200-square-foot, six-bedroom, 4.5-bath house on nearly five acres, which is owned by a builder, started at $2.85 million.”

Check out the article here