Former Bear Stearns CEO Jimmy Cayne is apparently feeling pretty mellow about the fact that Bear Stearns stock is at an all-time low; the 74-year-old bridge-master and alleged pothead and his wife, Patricia, just closed on not one but two adjacent apartments at the Plaza for $28.24 million. Altogether, they'll have 6,000 square feet, plus room service, maid service, and unparalleled views of Central Park. Yeah. And if you think that sounds sick, you should check it out after a few hits of the Purple Haze. Neighbors include foundering real-estate developer Harry Macklowe, Tommy Hilfiger, and a noted egg lover Joanna Cutler. Which reminds us: Cayne might want to be careful when he's all stoned up and taking out the garbage. We hear that the trash room on that floor can be kind of a bad trip.

Posh Plaza Purchase [PageSix.com]
Earlier: Joanna Cutler Reunited With Egg After Horrifying Ordeal