CHANEL

If you’re strolling through Rumsey Playfield in Central Park between Oct. 20 and Nov. 9, and you stumble across a grounded UFO, don’t panic. It was sent by Chanel (not the Sci-fi Channel) as a nomadic exhibition of artistic interpretations on its classic 2.55 quilted-style handbag, named not for its price but for its debut month of February 1955. Coming off stops in Hong Kong and Tokyo, the 7,500-square-foot space donut will round up its voyage in London, Moscow and Paris.

The pieces inside the mobile museum come from origins as international as the trip’s itinerary. The Russian arts collective Blue Noses submitted a collection of boxes with a series of satirical handbag videos called “Fifty Years After Our Common Era or Handbags Revolt.  read more »

The new landlord of an old Chinatown shop that was repeatedly raided by counterfeit-merch cops this past summer has counter-sued the city for $8.5 million in damages.The offending retailer, known as G.T. Trading, has since been booted from the premises, located at 196 Grand Street, and the landlord claims to have even removed the former tenant's secret stash room.

Yet, an ongoing court injunction prevents the owner from leasing out the now-vacant 400-square-foot space and may further cause the owner to default on his mortgage, according to court papers.  read more »