MEDIA
• Yep, it's really happening. Sean Avery officially starts his internship at Vogue this week. The Ranger, who raked in $2 million last season, is making minimum wage working at the glossy publication. But he gets loads of free mascara. (Sorry. Couldn't resist.) [The Cut via WWD]
• CBS chief Les Moonves is not going to win any awards with his performance as an Internet deal-maker. The acquisition of CNET for $1.8 billion, some say, was like "taking a street hooker to the Ritz when she'll settle for an alley." [WSJ, DealBreaker]
• Fox is cutting back on commercial time and increasing the length of its shows. [NYT]

FINANCE
• Carl Icahn's proxy battle for Yahoo is hurtling forth, despite a strong pushback from Yahoo's CEO. [MarketWatch]
• An eerily quiet round of pink-slipping has begun on Wall Street. [NYT]
• After Blackstone reported a first-quarter loss of $251 million yesterday, the company's stock … went up 6 percent. [NYP]

REAL ESTATE
• The century-old De Lorenzos metalwork shop in Soho is shuttering its doors as its owner sold the building to a (shocker) luxury-condo developer. [NYT]
• Donald Trump is suing a condo developer in Israel who licensed the Trump name. "They announce with tremendous fanfare that Trump is their partner. Then, instead of building, they flip the site," he says. [NYP]
• Condé Nast is rejoining the West Side rail-yards bid. [NYO]

LAW
• Lawyers are up in arms about the Attorney General Andrew Cuomo and Comptroller Thomas DiNapoli's move to strip state public-pension credits from attorneys who did work for school and other government entities. [Law.com]
• The American Red Cross and Johnson & Johnson are still in a legal battle over the red cross symbol. [NYT]
• Prosecutors allege that a landlord tried to kill a tenant he wanted to evict from a commercial building in Brooklyn. With a bomb. [amNY]