In Today’s Observer

Where will Johnny Damon end up living? Our bet is on a big, brassy condo building near the FDR.

Deck-shuffling at the Javits Center has ignited a battle between Moinian and Witkoff to build the convention hall’s hotel.

Manhattan real estate is expensive! That’s about all anyone can agree upon after reading the fourth-quarter reports from 2005. Plus: Otto Preminger’s old townhouse is on sale again; and the man who brought you Who Wants to Be a Millionaire buys eight millionaire’s worth of townhouse in Tribeca.

Not in My Upper East Side! Locals blast a city plan to build an airshaft for the new water tunnel at 59th Street and First Avenue. Plus: Chelsea and the Village want one of their own to run the State Liquor Authority–and tighten the grip on an out-of-control bar scene.

Our gal Moira Hodgson loves her some oysters. WD-50 is the catch of the day.

In Today’s Observer