In This Week’s Observer…

Brooke Astor’s 778 Park duplex could list for $46 million. Broker auditions have started.

Famed faker James Frey buys another condo in Soho. We’re not making this up.

Why the Bush administration rolled the media and spun the public over Bear Stearns.

The Met’s Morrison Heckscher talks Central Park as a work of art.

David Paterson may pick Avi Schick to permanently head the Empire State Development Corporation. Hear city officials inhale.

The Rudins face ornery preservationists and the ghost of Robert Moses in their attempts to redevelop a St. Vincent Medical Center site.

So you’ve won the West Side rail yards bid. Now what?

Heh. The number of new-building permits in the city drops precipitously.

Toby Cecchini, who likely gave the world the cosmo, has gotten an eviction notice from his meatpacking district landlord.

Mom! Rents force (and hipness draws) more young people back to their parents’ Brooklyn homes. In This Week’s Observer…