J. Crew CEO Mickey Drexler first listed his apartment, with interiors by celebrated designer Thierry Despont, back in early 2015 for $35 million. And there it sat for only a few months before being de-listed in July, after a price chop that took it to $29 million. Now, the apartment is back on the market with new listings photos (which show off Despont's quirky-but-swanky design) and an even bigger price chop: it's asking "just" $25 million. The 6,226-square-foot apartment has five bedrooms, more than five bathrooms, and plenty of over-the-top features, including three walk-in closets, 11-foot ceilings, and a custom "billiards area," if that's your thing. "This is, quite simply, the kind of loft that everyone imagines and desires, yet never finds," so sayeth the brokerbabble—all you need is $25 million.
· Listing: 140 Franklin Street #5B [CORE via Curbed tipline]
· For $35M, Live in the J. Crew CEO's Designer Apartment [Curbed]
· All 140 Franklin Street coverage [Curbed]