In the News: Mickey Drexler’s Loft Finally Sells

••• “Former J. Crew CEO Mickey Drexler sold his full-floor Tribeca loft for $19 million.” The apartment at 140 Franklin was originally listed in 2015 for $35 million. —Real Deal

••• More on the assault of an alleged shoplifter by a Century 21 security guard: “According to state records, Mr. Acosta was not registered to work as a security guard at the time of the encounter. That lapse illustrates the difficulty of regulating the expanding, multibillion-dollar security industry. Century 21 said the ‘Asset Protection’ team member had been suspended pending an investigation.”

••• “Two Lower Manhattan hotels have been become entangled in an indictment from New York County District Attorney Cyrus Vance, alleging that a construction contractor stole more than $1.7 million in wages from laborers hired to help build the structures, along with another $7.8 million in unpaid insurance premiums, which Mr. Vance’s office says the company fraudulently evaded. The Lower Manhattan hotels are the 30-floor Courtyard New York Downtown Marriott, which recently opened at the corner of Greenwich and Thames Streets (in the Financial District) and the 39-story Marriott Courtyard & Resident [sic?] Inn now under construction at Pearl and Platt Streets, near the South Street Seaport.” —Broadsheet

••• White Street residents Nicola Formichetti and PJ Mattan are designing inexpensive furniture for a by-subscription service called Kamarq. —New York Times [UPDATE: “Kamarq, the ‘Netflix for furniture,’ pulls designs amid plagiarism scandal.” —Fast Company.]

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