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.
Economic woes be damned: Judging from the fairly active scene at the Observer’s condo expo at the Puck Building yesterday — apparently, more than 2,000 attendees passed through the doors — New Yorkers are still gripped with condo fever.
Gossip Girl star Ed Westwick says he and co-star Chace Crawford aren't gay; they just live together. Oprah BFF Gayle King moved into a $7.1 million penthouse on East 57th Street that was purchased in name of Oprah's dead dog, Sophie. A nude portrait of France's current First Lady Carla Bruni taken back in 1993 will go up for sale at Christie's next month.
Jake Gyllenhaal and Reese Witherspoon texted on their BlackBerrys during the matinee show of August: Osage County before sneaking out at intermission. Criminal! Judith Regan is now suing the lawyers who are suing her for alleged unpaid fees. Anna Wintour sat courtside at the Knicks-Cavs game last night courtesy of LeBron James (she's putting him on the cover of Vogue's shape issue with Gisele in April). Jeremy Piven texted two separate models he met in New York to come meet him at the Mercer Hotel, though he didn't know at the time that they knew each other. The Champagne Marilyn Monroe drank during her famous 1962 shoot was spiked with either drugs or vodka.
The curtain rises on an empty stage, set with just one large circular bar in the center, manned by four bartenders dressed in black. The house is empty, so the hundreds of red velvet chairs cast an eerie crimson glow on to the party. Revelers drift in, including the writer Tom Wolfe, Amanda Burden, Moby, P.J. O'Rourke and Atlantic editors. A Boy Reporter and Girl Reporter from New York Magazine drift in. In actuality, they had arrived at the party too early and had to go across the street to get drinks at a noisy club. So they are both a little sheepish. And drunk. The pair begins to look for famous people to interview and spot Mayor Bloomberg, who arrived on the same elevator as drag king Murray Hill.Girl Reporter: Mayor Bloomberg, hello! We write for New York Magazine. Could we-
Mayor Bloomberg: I subscribe to New York Magazine. I pay your salary.
Girl Reporter: Oh, um, thanks! So, we were wondering [Mayor Bloomberg walks away]
Boy Reporter: Good try!
Girl Reporter: Eh, let's get a drink.
• Will Aaron Charney ever have to work again? More than likely — he may not have gotten more than $100,000 in his sexual-harassment settlement with Sullivan & Cromwell. [PrawfsBlawg via Above the Law]
• Should law schools be more like business schools? One law prof thinks so, and he looks a little like Justin Timberlake, so he must be right. [Law Blog/WSJ]
• Do Cravath's two rounds of bonuses signal Big Law strength and more money for associates, or is the firm just hedging so they aren't locked in to paying the same amount next year? [NYT]
Last night's launch party for Fox Business Network had so many media and business moguls, you couldn't throw a canapé without mussing up the rug of some very important dude. Seriously, our throats were burning from inhaling the perfume of wealth and success. In one corner of the Metropolitan Museum of Art's Temple of Dendur, Liz Smith chatted with Mel Brooks and Harvey Weinstein. (Apparently, Harvey loves the channel. "I love Roger Ailes," he said, though he would not tell us what he liked the best or whether he ate Money for Breakfast.) In another corner, Oscar and Annette de la Renta greeted Regis and Joy Philbin. And kingly in the middle of it all, like a pair of samurai and their husbands, were Rupert Murdoch, Les Moonves, Julie Chen, and Rupert's wife, Wendi Deng. "Wendi, we love your bracelets!" we cried in unison, suddenly morphing into Blair's sidekicks in Gossip Girl. "They were only twenty dollars," she exclaimed. Wow, we thought. Wendi is so down-to-earth! "But this wasn't," she laugh-cackled, flashing us her index finger, which was adorned with what looked to be the actual Hope Diamond.