Cityfile: New York's Most Notable and Influential

• Lou Dobbs is leaving CNN! Tonight's his last show! Happy Wednesday! [NYT]
• Condé Nast magazines have lost a collective 8,359 pages of advertising in 2009, which represents a 31 percent decline from a year earlier. [NYT]
• One thing that Hearst has going for it: lots of cash in the bank. [NYP]
• Banker-turned-media investor Jimmy Finklestein is reportedly buying the Hollywood Reporter, Billboard, Adweek, and a few other Nielsen titles. [Wrap]
• Current TV is keeping current with the times and laying off 80 staffers. [LAT]
• TV: Joss Whedon's Dollhouse has been canceled by Fox; meanwhile, ABC has decided that Kelsey Grammer comedy series Hank will exist no longer.
• Détente? President Obama has agreed to give Fox News an interview. [HP]
• The New Yorker sure has lots of writers and editors! [NYO]
• Reality TV is slowly killing us. So says Vanity Fair's James Wolcott. [VF]

Financial Meltdown Now Fodder for Sitcoms | How many pilots does ABC have in the works about the meltdown on Wall Street and the "sad toll it's taken on that once-mighty warrior, the investment banker"? Two, according to AdAge: "One is an untitled project starring Kelsey Grammer, who plays a Wall Street millionaire unhorsed by the collapsing economy and forced into a 'Mr. Mom'-like role at home with the family he hardly ever saw. The other is 'Canned,' a pilot about several younger Gen X friends fired from their lofty perch at an investment bank." [AdAge]

• Kelsey Grammer is once again looking for a buyer for his 8,000-square-foot house in Bridgehampton. Grammer listed the seven-bedroom home last year for $15.9 million before taking it off the market when he didn't get an offer. It's now up for sale for $13.9 million. [Newsday, Sotheby's]
• Mike McNamara, the CEO of Flextronics International, and his wife Deborah, have dropped the price of their apartment at the Plaza. Previously listed for $12.5 million, the three-bedroom abode is now on the market for $10.9 million. [Cityfile, Stribling]
• Private equity exec Howard Romanow and his wife Jamie paid $3.1 million for a fifth-floor apartment at the Brompton on East 85th Street. [Cityfile]

Happy Birthday | Ivana Trump turns 60 today. Anderson Cooper's mother, heiress Gloria Vanderbilt, is 85. Cindy Crawford is 43. Sidney Poitier turns 82. Coach president Reed Krakoff is 45. Grace Hightower De Niro is turning 56. Knicks guard Stephon Marbury is 32. Patty Hearst is turning 55. Architect Deborah Berke is turning 55. Charles Barkley is 46. Senator Mitch McConnell is turning 67. Actress Lauren Ambrose is 31. And poor Rihanna turns 21 today. Weekend birthdays after the jump!More

At last night's opening night party for the New York City Ballet's David H. Koch Theater, guest of honor David Koch and wife Julia mingled with Candace Bushnell, Sarah Jessica Parker, Alicia Keys, Al Roker, Debbie Bancroft, Lisa Falcone, Mary Alice Stephenson, Alexandra Lebenthal, Zani Gugelmann, Annie Churchill, Peter Martins, Veronica Webb, Mark Indelicato, Blythe Danner, Valentino, Rachel Roy, Derek Lam, Peter Som, and Vanessa Williams, who all ate, drank, and danced to inaugurate the new Lincoln Center venue. [Wireimage, PMc, Style.com]More

Spottings | Ben Stiller making his way into the Good Morning America studios ... Madonna's son David getting caught in the rain on the Upper West Side ... Robert Downey Jr. leaving his hotel in Midtown ... Maggie Gyllenhaal and Peter Sarsgaard walking to a toy store in Brooklyn ... Ugly Betty's Becki Newton signing autographs outside ABC ... Lisa Rinna walking around Midtown ...  Kelsey Grammer and his wife returning to their hotel after a visit to the doctor ... and John Mayer walking near his apartment, completely covered up with a scarf over his face.