In This Week's Observer…

Dolly Lenz covets nothing.

Lionel Pincus puts his duplex at the Pierre Hotel up for sale for $50 million.

A $7.8 million buy in The Plaza isn’t really that much for The Plaza.

New York’s grandest apartment buildings are donating mostly Democratic in the presidential race.

111 Central Park North feels the Phil Collins real estate effect.

Deutsche Bank sells its West 52nd Street tower for $500 million-plus.

A Hell’s Kitchen recording studio is going condo.

Governor Spitzer goes to bat for Larry Silverstein to keep Merrill Lynch downtown.

Brookfield emerges as a crowd favorite on the West Side Rail Yards.

Glennon Travis, 26, manages the Chelsea Hotel day-to-day now. In This Week's Observer…