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There Goes the Schneighborhood

Richard Gere has put his apartment in Julian Schnabel's Palazzo Chupi on the market, private-equity execs come down to earth, Sam Zell continues to be wacky, and Jeff Zucker and Harvey Weinstein fight like a couple of queens over 'Project Runway' in our daily roundup of real-estate, finance, media and law news.

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NBC Throws a Changeup

The Peacock network is the first to ditch the traditional notion of television "seasons." That, and more news from the city's media, finance, law and real-estate industries.

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Bernanke Says That a Recession Is ‘Possible’

As both the economy and the media seem to be contracting, Jared Kushner solidiers on, throwing himself into a new project after his breakup with Ivanka. All this and more in our roundup of finance, media, law, and real-estate news.

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Bankers to Paulson: You're Kidding, Right? (Updated)

Wall Streeters hope that Treasury Secretary Henry Paulson's plan for overhauling the U.S. financial system is an April Fools' joke, Goldman head Lloyd Blankfein buys his maid a nice apartment, and someone has a birthday in our roundup of finance, law, media, and real-estate news.

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Buyout Exodus at ‘Newsweek’

A dating blogger seeks a book deal, trading desks think recession, and Jean Nouvel wins the Pritzker in our daily roundup of media, finance, law, and real-estate news.

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Rick Astley Is Somehow Relevant Again

The Times gets "rickrolled," the NYPD searches cavities, and John McCain creakingly weighs in on the actions the Federal Reserve Bank took on behalf of Bear Stearns in our daily roundup of Media, Law and Finance news.

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Conan O’Brien Reads, But Does Not Give Recipes to, ‘Good Housekeeping’

MEDIA •Yesterday the New York Post reported on Tiger Woods's new $65 million Hamptons pad. The only problem? He didn't buy the house. [Radar] • Good Housekeeping published Conan O'Brien's stew recipe in honor of Saint Patrick's Day. Except it wasn't actually his recipe. "I've never cooked anything in my life. I didn't send this to them; they completely made this up," he said, then added: "I love this magazine, I'm not mad or anything." [WWD] • After a year of bickering, Dow Jones decided it will no longer carry news from the Associated Press. [Reuters]

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JPMorgan Gearing Up to Move Into Bear's Sweet HQ

FINANCE • JPMorgan Chase will probably move its investment-banking unit to Bear Stearns' smokin'-hot headquarters on Madison Avenue. The building is valued at $1.2 billion, which is just one-fourth of quadruple the price JPMorgan paid for the firm itself. [NYP] • JPMorgan Chase's valuation of Bear Stearns shows that financial institutions are significantly overvalued. Speaking of which, many employees had their life savings wiped out. [NYP, WSJ] • Meanwhile Goldman Sachs' earnings are down but beat analysts' expectations. [DealBook/NYT]

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