Celebrity-Branded Venues Take a Hit

It's getting ugly out there for celebs who branched out into the hospitality business. Robert De Niro's Ago is on the ropes, Jay-Z's plans to open a hotel in Chelsea have been derailed, and now after 10 years in business, Chris Noth's Cutting Room will be closing in January. The sudden closure probably comes as disappointing news for Noth but he can always drown his sorrows at Noel Ashman's Plumm, where he's an investor and which is still in business, in case you were wondering. [Page Six]