♦ Music manager Chris Lighty, who has worked with the likes of Diddy, 50 Cent, and Busta Rhymes, has picked up two condos in the Chelsea Stratus building on West 24th Street for $5.28 million. [NYO]
♦ Tech exec Michael Sprague has put his five-story townhouse at 73 Bedford Street on the market for $8 million. [Cityfile, Corcoran]
♦ Giuseppe de Corato, CEO of the fashion company Luigi Borrelli, and his wife, Holly Lang, have sold their apartment at 15 West 20th Street for $2.65 million. The buyers are Greg Sovell, co-founder of the underwear line C-IN2, and Andrew Cohen. [Cityfile]

(1) Attendees at Sephora's party at the Angel Orensanz foundation last night included Lydia Hearst, Kelly Osbourne, Kat Von D, Nicky Hilton, Dani Stahl, Ali Wise, Jason Preston, Mike Satsky, Olivia Palermo, and Shoshanna Lonstein Gruss. The crowd, though, was more impressed by the presence of out-and-proud couple Lindsay Lohan and Samantha Ronson (above, with half-sister Annabelle) than by performances by Ashanti and Natasha Bedingfield. [Elle/PMc]