• Olana on lower Madison Avenue is the latest restaurant to go bust. [Crain's]
• The UES fixture Gino's is still open, it may not be for much longer. [NYT]
• Café Habana's lawyer fired back today at the four ex-employees suing the restaurant. But now two other former servers are voicing similar complaints.
• Your dreams have been answered: The new Chelsea club Amnesia, which opened its doors last night, is "a little bit of Jersey Shore in Manhattan." [GS]
• Rao's is impossible to get into. It's also overrated, just as you suspected.
• Gordon Ramsay's restaurant empire almost went under this year. Now he says he plans to focus more on TV than food in the future. [Bloomberg]
• The State Liquor Authority is dealing with another bribery case. [NYP]
• How much goes Kim Kardashian get to appear at a club? $40K. [Eater]

Photo: Flickr/lunapark

The Tiger Woods saga kicked off two full weeks ago. But it wasn't until about 20 minutes ago that he actually admitted—via a posting on his website—that he's been unfaithful to his wife. Woods also says he's taking a hiatus from golf: "After much soul searching, I have decided to take an indefinite break from professional golf. I need to focus my attention on being a better husband, father, and person." Here's hoping he has cell phone reception at sea!

• The New York Times is gearing up to cut another two dozen positions at the newspaper, but that's fewer than NYT execs were anticipating. [NYP]
• Cancellations: MTV has pulled the plug on Alexa Chung's daytime show; and HBO's Flight of the Conchords is finished after two seasons. [THR, Variety]
• Diane Sawyer and Chris Cuomo bid goodbye to GMA this morning. [ABC]
• NBC Universal chief Jeff Zucker, who will remain in charge of NBC after Comcast takes control, has been signed up to a new three-year contract. [THR]
• Ex-Daily News editor Debby Krenek is Newsday's new editor-in-chief. [E&P]
• Stodgy Harvard Business Review is getting a sexy makeover! [NYT]
• Grim stat du jour: 367 magazines were shuttered in 2009. [Crain's]
• More on Dave Zinczenko, the laziest magazine editor alive. [Gawker, DF]

At least one Madoff victim took a moment to let off some steam on this first anniversary of Bernie's arrest. Someone called in a bomb threat to the Lipstick building this afternoon, the office tower that once housed the offices of Bernard L. Madoff Investment Securities. [Dealbreaker]

If you stop off for some filet mignon at the Michael Jordan Steak House in Grand Central Station or Strip House on East 12th Street, you may have trouble ordering a salad as an appetizer. The Glazier Group, the company that runs both those restaurants (and used to operate Monkey Bar before it fell into the hands of a certain Condé Nast editor) was sued this week by a fruit and vegetable supplier over $209,000 in unpaid bills. Is this a sign of trouble for the mini-chain? Some sort of protest over one too many mushy tomatoes? Who knows, but you can look over the suit yourself below.

The House of Representatives passed legislation today designed to tighten regulations on Wall Street and prevent another financial crisis from unfolding in the future.

A third New York Post reporter is now alleging the newspaper discriminated against her because she's black. [Gawker]

Why has the founder of Chipotle spent as much as $30 million over the past two years buying up real estate in the West Village? Beats us, but at least you'll know where your money is going the next time you stop by for a mediocre burrito. [Curbed]

Photographer Annie Leibovitz came close to losing everything this past fall when she was sued for failing to pay back the $24 million loan that had been extended to her by Art Capital, which had taken her real estate holdings and the rights to her photos as collateral. Leibovitz managed to avert crisis when she reached a settlement with the firm at the last minute. But she's not out of the woods yet. The Times reports today that as part of the deal, she now owes Art Capital $30 million, and she'll have to pay it back in full by next summer. Leibovitz has been looking to raise cash to pay off the debt in recent months. She's selling limited-edition prints and has been in discussions to write another book. She's also looked into offering bonds backed by her future earnings, something that David Bowie did a few years back. But it's unlikely those efforts will raise the millions she needs and chances are she'll need to take resort to more drastic measures over the coming months. What could that entail? A glimpse of Annie's future after the jump!

Tiger Woods appears to be into trashy, big-boobed stripper types—not hairy panhandlers. But given all the seamy info that's come out recently, would anything shock you at this point? [Buzzfeed]

California has a Chihuahua problem. Shelters there have been overwhelmed by the breed and few people are interested in adopting them, so animal welfare groups are now planning to fly a big bunch of them to New York since they're still popular here. (That's probably because it's the only kind of dog that fits in most NYC apartments.) But why is California teeming with Chihuahuas in the first place? It's all Paris Hilton's fault: "Experts blame the unexpected rise in abandoned California Chihuahuas partly on fans who hoped to emulate celebs like Paris Hilton, who carries one in her handbag, but later became bored with the little creatures and abandoned them." [NYDN]

Alicia Silverstone riding the subway and listening to her iPod ... Vincent D'Onofrio hailing a cab in SoHo ... Ryan Reynolds walking downtown ... Nick Cannon and Mariah Carey leaving a building together .. Amber Rose shopping in SoHo with a friend ... Natalie Portman and Mila Kunis on the set of their new movie, Black Swan ... Tara Reid arriving at MTV studios in Times Square ... Taylor Swift getting ice cream with Emma Stone at a Baskin Robbins on Wednesday night ... Celine Dion signing autographs outside her hotel ... and Young Jeezy posing for pictures with a fan on the street.

• Just four months after she won approval to tear down her Southampton home and build something bigger and better in its place, Tory Burch has put the Meadow Lane property on the market for $17.9 million. She has good reason to sell. In October, Burch went into contract to buy an even bigger property nearby for an estimated $45 million. [WSJ, Sotheby's]
• Barry Weiss, the music executive who replaced Clive Davis as the CEO of BMG in 2008, has picked up a new apartment. Weiss has paid $4.995 million for a penthouse at the Harrison at 205 West 76th Street. [Cityfile]
• Showtime chief executive Matt Blank has paid $11.2 million for a 10th-floor condo at the Superior Ink building at 400 West 12th Street. [Real Deal]
• Hedge fund mogul Bill Ackman may want to stick to finance in the future. On Tuesday night, Ackman personally auctioned off the guest suite he owns at The Majestic on Central Park West and ended up selling it for $320,000, just $20,000 above the minimum bid. [Curbed, previously]

It's been a year since Bernie Madoff was arrested and charged with running the biggest Ponzi scheme in history. Madoff's life has changed a bit since then. These days he resides in a cell at the Butner Federal Correctional Complex in North Carolina, wears a khaki uniform with a number printed on the front (No. 61727-054), and works in the prison kitchen scrubbing pots and pans. But that doesn't mean he's necessarily unhappy. The Journal reports Madoff spends his free time playing bocce, chess and checkers and has made lots of friends behind bars. And he even likes the food, according to two lawyers who visited him. That's good to hear, isn't it? With 1,795 months of his sentence left to go, he'll have the pleasure of eating his next 166,000 meals there. [WSJ]

• There's both good and bad news for Mischa Barton. The bad: She's reportedly drinking again and was seen "knocking back shots and drinking margaritas" earlier this week. (As you may remember, that sort of behavior led Mischa to spend some time in the hospital this past summer.) The good news: She supposedly looked "healthy" and "in control" while doing it, so it should be a few months before she hits bottom again and is forced to make a return trip. [P6]
• Think a good thought for Madonna. Louis Vuitton has decided to drop Madge as the face of the brand and replace her with 25-year-old supermodel Lara Stone. [Sun]
• The last 24 hours of Tiger: Holly Sampson, the porn star who had been suspected of having a tryst with Tiger, confirmed the rumor yesterday; meanwhile, Hollywood madam Michelle Braun says Woods spent $60,000 on hookers between 2006 and 2007, was into the "college cutie, girls-next-door look," and was a fan of three-ways, too. Luckily for Tiger, the reports about his dozen or so mistresses (and all the kinky specifics) may not spell disaster for his marriage to Elin Nordegren. Several tabloids report that Woods has come clean to Elin about "all" of his misbehavior in recent days and she's planning to stay with him.

Senator and former presidential candidate John Kerry turns 66 today. Actress, comedian and TV host Mo'Nique is turning 42. Jermaine Jackson is 55. Motley Crew's Nikki Sixx is 51. Montana Senator Max Baucus turns 68 today. Mos Def is turning 36. One-time reality TV star Lisa Gastineau is 50. Bay boy Brit chef Marco Pierre White is 48. And '80s actresses Teri Garr and Donna Mills are turning 65 and 67, respectively. A handful of weekend birthdays are below.

AOL has put Sean Combs very publicly in the middle of its directors and managers. A company banking on formulaic, mass-produced content could do worse than the rap mogul, who wished AOL shares luck. They promptly slid.

• The Tavern on the Green saga continues: The LeRoy family has hired a marketing firm to sell the restaurant's name, but that may not be legal. [NYT]
• La Goulue closed this summer after losing its lease. Now it has a new location on East 63rd Street, though it's unclear if it'll be allowed to serve booze. [GS]
• The unstoppable Michael Huynh has several new spots planned. [Eater, IC]
• Closings: Harbour on Hudson Street appears to have gone under; Abraço in the East Village is temporarily closed and plans to reopen in a couple of days.
• Noel Ashman says his new lounge, opening "in the near future" somewhere "downtown," is "a mix" between Soho House, Veruka, and Bungalow 8. [GS]
• The Gansevoort Hotel in Miami has gone into foreclosure, but that won't have any impact on its New York sibling or its restaurant/rooftop bar. [MH]
• Rocco DiSpirito is currently staging a "local comeback," apparently. [NYP]

Martha Stewart had designer Roberto Cavalli and Saturday Night Live's Seth Meyers as guests on her show this morning. A clip of the amusing encounter—and a slurred, semi-understandable conversation about women, helicopters, and Cavalli's multi-colored yacht—is below.