By Hannah Elliot
J.Crew head Mickey Drexler famously said that he doesn’t know what luxury is anymore, that a perfectly ripened peach could be a luxury to him. I tend to agree. Luxury these days is not about price or brand name or status. It’s about heritage, exclusivity, access and experience. It’s also about items that are deliberate, thoughtful and beautifully functional. Simplicity is genius, after all. To that end, I’ve leaned on some of the best-regarded style and culture editors in New York City to submit their best ideas for luxurious gifts that don’t cost a whole lot.