• Broadway producer Hal Prince, who put his co-op at 834 Fifth Avenue on the market for $33 million back in September, has picked up a new place nearby. The Phantom of the Opera producer and his wife, Judy, have paid $12.5 million for a seven-story townhouse at 48 East 74th Street. The five-bedroom home was first listed in January for $15.5 million. [NYO]
• Director Oliver Stone has gone into contract to buy a condo at One Morton Square. The pad had been listed most recently for $1.9 million. [NYP, PDE]
• Rory Kennedy, the filmmaker and youngest daughter of Robert and Ethel Kennedy, has sold her two-story house on Shelter Island. Kennedy sold the home, which isn't far from the property that Jonathan Adler and Simon Doonan picked up last year, for $2.967 million. [Newsday]

• Broadway producer Hal Prince and his wife Judy have put their 13th-floor apartment at 834 Fifth Avenue on the market. The 4,750-square-foot duplex, which is up for sale for $33 million, comes with two bedrooms, two terraces, and neighbors like Rupert Murdoch and John Gutfreund. [NYO, FRG]
• Richard Gere and Carey Lowell are expected to close on the sale of their Water Mill home this week. The 1.2-acre property, which they first put on the market in February, had been listed for $7.2 million when it went into contract last month. [Newsday, Stribling]

Publicist (and new mom) Lizzie Grubman turns 38 today. Dick Cheney turns 68. Christian Bale is 35. Gene Hackman is 79. Wilmer Valderrama turns 29. Vanessa Redgrave is 72. Phil Collins is turning 58. Theater impresarios Harold Prince and Bernard Gersten are 81 and 86, respectively. NHL star Chris Simon is 37. Singer/songwriter Josh Kelley is 29. Weekend birthdays—including that of Andre Balazs—after the jump.

A towering figure on the theater scene, Hal Prince has spent the last four decades producing and directing some of the biggest shows on Broadway, including Sweeney Todd, Evita, and Phantom of the Opera.