Price Cut at Carhart Mansion; Hedgie Buys at 885 Fifth

• Corrugated cardboard magnate Dennis Mehiel has chopped $5.4 million off the price of his Carhart Mansion duplex (left). The 10,350-square-foot spread, which had been listed for $34.9 million, can now be yours for a much more modest $29.5 million. [NYO, BHS]
• Michael Steinberg, a portfolio manager at Sigma…