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Others are showing up because they feel it necessary to make good on their promises. “They asked me to come out six or nine months ago, so of course I’m going to say yes,” says Richard Meier at a party hosted by Vacheron Constantin for its new Quai de I’lle watch collection. “Perhaps if they asked me today, I’d say that we shouldn’t be doing things like this.”
And, in the end, that’s the new mood throughout the museums, party venues and Park Avenue and Fifth Avenue apartments all over town.
Even Stephen Schwarzman of Blackstone Group, one of the poster boys for hedge fund excess, admits (to an extent) the error of his ways. Schwarzman is taking the opportunity to express regrets over his $3 million 60th birthday party last year, which included a performance by Rod Stewart, recently telling an investors’ conference: “Obviously I wouldn’t have wanted to do that and become some kind of symbol of sorts of that period of time. Who would ever wish that on themselves?”
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