It's been a good month for Lou Reed. Just weeks after it was made public that the 66-year-old indie icon wed his longtime girlfriend, Laurie Anderson, Sirius Satellite Radio announced that Lou Reed will host a weekly show on Sirius' Disorder channel, joining other hosts for the radio network like Marky Ramone, David Johansen (a.k.a. Buster Poindexter) of the New York Dolls, Martha Stewart, Eminem and Tony Hawk.  read more »

• Although Howard Stern recently criticized some long-time fans for not following him to Sirius satellite radio, he's definitely not short on cash. The self-proclaimed "King of all Media" is dropping $600,000 on a Southampton rental. And despite having a tough time selling his Liberty Street apartment, Russell Simmons is busy looking for that Hamptons bachelor pad." (New York Post)
• J. Darius Bikoff, founder of Glaceau--which makes Vitaminwater, Smartwater, and Fruitwater--recently purchased an East 72nd St. duplex for $5.6 million. Also, entrepreneur (and part-time Cosmonaut) Gregory Olsen has sold his CPW apartment to Sara Bronfman for $6.45 million. (New York Times)
• While searching for the perfect Hamptons getaway, Katie Couric is apparently "losing it." Her purse that is. (New York)