What I like about this logo would be that the designer used serif and sans serif fonts, because they really complement each other. But one thing that I dislike would be that the designer put LAUR DRAE & COMPANY in the middle of the logo.
There is consistent proximity throughout the logotype. The negative space forming the "N" makes sense with the name because looking at the logotype engages the audience when locating the "N". I also think the logotype font works well bold.