New York State’s projected 2010 to 2011 deficit has grown to a whopping $8.2 billion thanks to changes in financial services sector compensation that brought it revenue lower than anticipated.

The Financial District’s 56-story W New York Downtown Hotel and Residences at 123 Washington St. will arrive..Drum roll, please…May 4!

Heesen Yachts has signed a new contract for a 47-metre displacement motor-yacht, Hull Number 15747. It will be delivered in 2012 to former owner and founder of the shipyard, Frans Heesen.

Best-selling author of Jurassic Park Michael Crichton’s vast collection of art by Picasso, Jasper Johns, Robert Rauschenberg, Roy Lichtenstein and others will be auctioned by Christies in New York in May.

The House of Creed will no longer be able to procure a constant flow of the 60 natural essences needed to create its luxe “Vintage” Tabaróme and has decided to discontinue the scent.

Mean Girl herself, Lindsay Lohan, just can’t pass up an opportunity to party. And in true La Lo style, she’ll host a satellite party tonight at Wall at the W South Beach by NYC hotspot 10AK with Dwyane Wade, Gabrielle Union and Jessica Alba to benefit Haiti.

Richard Mille, the hand-build Swiss watch brand with designs inspired by innovations in aerospace and yachting, has signed a title sponsorship to St. Barth’s new international sailing regatta, Les Voiles de Saint Barth, strengthening its brand presence in the nautical world.

Recognized for their sustainability efforts in rehabilitating historic and new buildings, the luxurious Cavallo Point Lodge is a new recipient of the LEED® Gold standard.

MGMT, Adam Lambert, John Legend, Kara DioGuardi, Usher, Mos Def, Claire Richardson, Alice in Chains, The Jonas Brothers, Zac Brown Band, Chris Brown and Miranda Lambert were just some of the stars sporting Thomas Pink looks at the 2010 Grammy Awards.