J. Crew CEO Mickey Drexler Cuts Tribeca Apt Price by $5.5 Million, Down to $29.5 Million

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Mickey Drexler Apt

J. Crew CEO Mickey Drexler has cut the asking price on his luxury Tribeca apartment located at 140 Franklin Street from $35 million to $29.5 million.

The condominium has 10 rooms over 6, 226 square feet, including 5 bedrooms and 5.5 bathrooms.

From the listing by Adam Modlin:

Located in Tribeca’s most desired location, 140 Franklin is a full service 24 hour doorman Iconic 12 unit Historic Loft Building. This residence is arguably the best simplex floor plan in Tribeca at an impressive 6226 square feet. This home offers a unique blend of luxury, privacy and the opportunity for a fully FURNISHED and curated turn-key experience. The apartment was architected and designed by Thierry Despont.

Upon entering the 20 foot long gallery you are led into an inspiring 82 foot long grand salon characterized by unusual scale and dimension that can only be experienced in person. The brilliance of the design offers an extraordinary setting and yet cozy and intimate at the same time. Features include 11 foot ceilings, wide plank Brazilian wood floors, original columns, enormous arched windows, brilliant sunshine and open downtown views. The north side of the living space is a beautiful dining room perfectly situated opposite the stainless steel Varenna chefs kitchen with center island featuring state of the art appliances and plenty of storage space.

The split bedroom layout offers complete privacy for the master suite which adjoins a master study. The master suite is complete with custom built walk in closet and a luxuriously outfitted bathroom. The opposite side of the home is the private guest wing that can offer up to 3 bedrooms suites plus a sitting room(or 4th bedroom) and 4.5 updated baths with staff quarters and laundry room.

This spectacular home has multi zoned central air conditioning and a state of the art smart home audio visual system that can be accessed by the touch of a button. A large private storage unit in included.

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