Mort Turns Bearish on Citigroup

cityfile · 12/12/08 02:05PM

A few weeks ago, Mort Zuckerman was doing his darndest to prop up an ailing Citigroup. The real estate kingpin (and Daily News owner) may have taken time out of his schedule to appear on MSNBC four times in one day because he was worried about the impact a Citi bankruptcy would have on the global financial markets—or it may have had something to do with the fact that the bank has long been one of his largest tenants. (You decide!) Whatever it was, though, it appears his mood has shifted. Zuckerman's Boston Properties announced that it now plans to strip the bank's name from the Citigroup Center on Lexington Avenue early next year. "We're tired of the fact that every time Citibank has a problem all of the TV cameras come and photograph the Citigroup Center sign on the front of our building," a Zuckerman lieutenant told a reporter today. The exec didn't indicate what the new name of the building would be—and it's doubtful any company in its right mind would shell out millions for naming rights given the current state of the economy—but if you have any clever suggestions, send them along. We'll pass them along to Mort tout de suite!

New Commenters, Part 2: Welcome Citizens Of Facebookvania!

Seth Abramovitch · 12/12/08 01:45PM

The good news just keeps coming for new commenters. We've just been informed that a feature being tinkered with at Gawker User-Feedback Laboratories will go live at noon: Facebook account commenting.

No Tips From Tom?

cityfile · 12/12/08 01:02PM

Add Tom Colicchio to the long list of high-profile chefs who have been slapped with a lawsuit by a disgruntled ex-employee: A former Craftbar waitress filed a federal lawsuit yesterday against Colicchio and his company, Craft Worldwide Holdings, for allegedly misappropriating employee tips, failing to pay minimum wage, and withholding overtime pay. (She also claims Colicchio's company refused to pay to clean her work uniform.) The good news for Tom? We're guessing he'll have lots of useful advice to share with contestants when this trend eventually gets incorporated into an episode of Top Chef. [NYT]

What's with the redesign?

Owen Thomas · 12/12/08 12:40PM

Valleywag, along with other blogs published by Gawker Media, has adopted a new, condensed format, making the page faster to load and headlines easier to scan.

Gross

Richard Lawson · 12/12/08 12:30PM

The Hills' Audrina doesn't try-on swimsuits properly. [PopWrap]

The All-New, Recession-Friendly Karl Lagerfeld

cityfile · 12/12/08 12:25PM

Is Karl Lagerfeld doing anything to adjust to the new economic climate? Sort of! The 85-pound designer tells Germany weekly Die Zeit that he's been busy tightening his belt in recent weeks and just moved into a smaller house in Paris. And even though he recently purchased a house in Vermont, he'd like to point out that it's a modest affair. (It's "very Emily Dickinson... in fact it's almost Puritanical.") Of course, since this is Karl Lagerfeld we're talking about, he adds that there are certain things that just cannot be sacrificed. Like his "chambermaid, chauffeur and chef," who are "still musts." And he doesn't have any plans to trade in his three Hummers: "I don't want to drive at the same level as the others." Who does?

Sarah Silverman Wins Beauty Contest

Sheila · 12/12/08 12:20PM

A "beauty contest," in the publishing world, is when multiple editors within a publisher have to present themselves to an author, who then decides the best one for their project. It's seen as a nerve-wracking, slightly degrading process. Sarah Silverman, of course, just sold her book—rather, her idea of a book of "humorous essays," which are all the rage these days, from Nora Ephron to Sloane Crosley to Tina Fey—for $2.5 million to HarperCollins. As the Observer reports, David Hirshey won out as her editor. Yay! Now he—whoops, she—just has to write the book, which was supposedly pitched without so much as a proposal.