• Former General Electric CEO Jack Welch has closed on the purchase of an apartment on the 46th-floor of One Beacon Court. It's located next door to the apartment he already owns. And the legendary exec—who just got out of the hospital a couple of weeks ago—scored a pretty good deal, too: Welch paid $8.3 million for the apartment, or nearly $1 million less than what it was first listed for back in February. [Cityfile, previously]
• Kimora Lee Simmons has dropped the price of her blingtastic mansion in Saddle River, NJ. The four-acre estate, which first went on the market for $23 million last year, is now listed for just $16.5 million. [NYP, Sotheby's]
• Restaurant mega-publicist and Iron Chef America judge Karine Bakhoum has put her co-op at 205 East 69th Street on the market. The three-bedroom pad with fireplace and chef's kitchen is listed for $2.35 million. [NYP, Halstead]

• The James Beard Foundation announced the final nominees for its 2009 awards today. The names in the mix for New York's "best chef": Michael Anthony, Terrance Brennan, Wylie Dufresne, Gabrielle Hamilton, and Gabriel Kreuther. The two New Yorkers competing for the "outstanding restaurateur" award: Keith McNally and Drew Nieporent. [JBF]
• JGV and partner Phil Suarez plan to open 10 restaurants in 2009. [Fortune]
• Tonda is planning to open in the former E.U. space tomorrow. [GS]
• Rumor has it Katie Lee Joel is getting into the restaurant business. The spot will be called "Logan County" and will be located in the financial district. [TFB]
• As for Padma Lakshmi, she's branching out into comedy, apparently. [GS]
• It looks like restaurant publicist (and regular Iron Chef judge) Karine Bakhoum is working on a reality show. [TONY]
• Another season of Gordon Ramsay's Kitchen Nightmares is on tap. [THR]

• Frightening nightlife rumor of the day: Club Row's BED may reopen—and in the next two weeks. Go hide under your, ahem, bed. [GOAG]

Last night at Daisy May's BBQ (in our humble opinion, some of the best in the city), we spotted a large and gregarious party in the back room. Upon closer inspection it turned out to include none other than Krazy Karine Bakhoum who reps the constantly embattled Jeffrey Chodorow. Bakhoum was there with Pascal Riffaud, her husband and the constantly embattled founder of pay-to-eat service Primetime Tables; Penny Glazier president of the Glazier Group and restaurant critic Gael Greene. There was also some mustachioed dude cheering for the Red Sox. Note to that guy: In your face. Note to Pascal: Happy birthday. Now to unpack what this gathering means.