Our nation's finest art museums are crumbling to pieces, thanks to the global financial crisis. But more specifically, thanks to cheapskates like you.

Millionaire Japanese pop artist Yoshitomo Nara was arrested by the NYPD this week for drawing on a subway wall. Other "victims" of his precious vandalism took the opposite approach:

War on art! A famous Japanese pop artist was doing just a little bit of vandalism down in the subways, and was arrested. Why doesn't Mayor Bloomberg just let people draw in the streets?

Zut alors, Michael Kors! Make sure your pockets are empty, Monica Lewinsky! Transvestite teenagers are jacking up residents of a fancy Greenwich Village building, for wig money. This is an important window into sociocultural relations:

MoMA, which allegedly stands for "Museum of Modern Art," has fired a guy for wantonly associating the MoMA name with art, of the modern variety.

The New York Post's 'apology' for the Sean Delonas cartoon has not satisfied Spike Lee, who calls it "pathetic" and "lethargic." As well as racist! Why won't this black man trust the New York Post?

After last night's clash with cops, a hardcore band of dead-enders continued to occupy the NYU student center food court, for Democracy. But it sounds like it's game over now people. The Man wins!

Not to alarm you sheep out there as you go about your bourgeois activities this morning, but you should be aware that that the NYU student center food court has been occupied by revolutionaries!!

Remember yesterday there was a big to-do over NY Post cartoonist Sean Delonas' (pictured!) racist dead chimp cartoon? I could swear I heard something about it. But the Post, uh, doesn't recall that one!

Regarding this morning's Sean Delonas monkey cartoon, a tipster tells us that New York Post is already getting lots of calls about it—some threatening to burn their building down! [Previously]

How bad is the recession? So bad that it's 'eroding' the 'foundation' of real estate in the Hamptons! No seriously, a billionaire's beach house is literally sliding into the ocean. And it gets worse!

The mediacentric Greenwich Village private high school backed by Graydon Carter and John Leguizamo—well, but it's having some problems. Have heartless celebrities given up on educating downtown's most elite teenagers? Someone save the youth!

Page Six Magazine is folding, but not before they stroke the egos of anyone who could maybe give them a job with this here list of NYC's 50 Hottest Bachelors. Five problematic entries:

Now that NYC's most famous subway ad remixer Poster Boy got himself arrested, he's more famous than ever! We hear the NYT is even planning a story on him. For us it's about the art.

Penthouse for sale! This prewar gem features prime Upper East Side location, four bedrooms, five bathrooms, library, and quite possibly the chance to see Bernie Madoff in his Underoos:

Well, the L'Occitane-scented waters of the gentrification wave are already rolling back, as predicted: megarealtor Corcoran is closing its Harlem office. Is anyone thinking of the white people?

SCANDAL: George Washington doppelganger Graydon Carter is reportedly wooing his West Village neighborhood critics by giving them reservations at his Waverly Inn and putting their pictures in his Vanity Fair. Yes, and?

Anonymous subway-based ad remix artist and minor obsession of ours Poster Boy has been caught on film! All we had before to identify him was this photo(shop). Animal NY's vandal-in-chief Bucky Turco spent a nice evening with PB in a Brooklyn subway station, just cold maxing and relaxing and shooting the breeze while carving up ads with an X-acto knife and attacking trains. We now have a definitive description of Poster Boy: a male wearing a hat, doing art. If you see anyone matching that description, call police immediately. (Not really, snitches!). Watch the full clip below:

The upside of being in a recession is that you can score some sweet concessions on a new apartment! Assuming you have money to get an apartment. If you're lucky enough to be a buyer these days, "Don't be afraid to ask for anything." So says boy wonder Jared Kushner, the publisher of the Observer and also a real estate mogul in his own right! Want to ask the current owner to come clean your kitchen every week? Need them to throw in a hypoallergenic puppy free with your purchase? Or something a bit more kinky? Nothing's too obnoxious to ask for, according to Jared. Click through to hear some buyer's wisdom straight from the lips that regularly make out with Ivanka Trump:

Poster Boy: an anonymous ad remixer in the New York subways. Art: is it what he does? Culture jamming: a term too annoying to use any more, though everyone knows what it means. Sell out: is he bound to, eventually? Questions: he asks them. Britney: slut, psycho, or star? Maria: is she really poopy? Man: why is he flying on outside of train car? Poetry: why aren't I good at it? Five new Poster Boy pieces: after the jump, ya dig: