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Manhattan Luxury Housing In Freefall: J.Crew CEO Slashes Tribeca Loft Price By Over 40%

Manhattan Luxury Housing In Freefall: J.Crew CEO Slashes Tribeca Loft Price By Over 40%

While in recent weeks we have documented various instances of sharp pullbacks in the ultra-luxury segment of New York's housing market (here, here and here), a dramatic example of just how sharp the drop in the high-end housing segment has been comes courtesy of Mansion Global which reports that J. Crew CEO Mickey Drexler has slashed a whopping $15 million from the asking price of his Tribeca loft after it languished on the market for close to two years, unable to find a buyer.

Vaxxed Documentary To Be Released April 1st In New York

Cinema Libre Studio in New York has announced that it will distribute the controversial film “Vaxxed: From Cover-Up to Catastrophe” Cinema Libre Chairman Philippe Diaz said in a recent statement: “We chose to distribute this film to correct a major issue, which is the suppression of medical data by a governmental agency that may very well be contributing to a significant health crisis.