J. Crew CEO Millard “Mickey” Drexler will soon be getting even more closet space. And thank goodness, with the summer season here and a fresh new crop of seersucker suits and artfully-wrinkled linen shirts!
Mr. Drexler has won the bidding war for 140 Franklin Street, beating out the other buyers to sign a contract that exceeds the $13.5 million ask, according to the New York Post.
The five-bedroom, full-floor “mansion in the sky” will join the rest of the J.Crew chief’s collection, which includes a both a 5.6-acre oceanfront estate on Long Island and the country’s oldest working cattle farm in Montauk, according to the Post. The Bronx-born Drexler does not, at least under his own name, own any other properties in the city, according to city records. Read More