The celeb-courting Soho boutique and D.J. haunt Lounge was bought out by Victoria’s Secret to create a 24,000-square-foot lingerie mecca next year. The sprawling new space will be twice as large as the current VS store on Broadway near Prince Street. While we wait for the surplus of spangled bras to arrive, head over to Lounge's blowout sale to score discounts of up to 90 percent on designer wares. [NYP]