The new Town & Country hit newstands with Shala Monroque on the cover. Who, you ask? Shala is the new it-girl according to T&C. The web is aflutter with vitriol about whether she deserves such a moniker, and the magazine chalks up her failure to discuss her relationship with Larry Gagosian to “it-girl discretion”. Is that like Breakfast-at-Tiffany’s elegance for 2012? She apparently has a blog too. Here’s your weekly round-up…      

• She’s got great press - Lauren Remington Platt’s Vensette continues to get glowing coverage, making the cover of the New York Times Style section, along with Julie Macklowe and her new beauty business venture.
• Ashley Bush (Lauren Bush Lauren’s sis) had been working for Anderson Cooper’s daytime talk show, but now she has resigned.
• Former Avenue Editor Peter Davis is starting a new magazine with Julie Dannenberg and Cricket Burns, along with Jared Kushner’s Observer Media Group.
• Photographer Harry Benson and Hilary Geary Ross are making the rounds with book parties galore for the “New York, New York” book of portraits of the most interesting Manhattanites. Are you in it?
• Night life impresario Sean MacPherson manages to find time to celebrate his new restaurant, even with the arrival of a new baby at home.
• Twitter Item of the Week: In the wake of being kicked off an American Airlines flight, prolific tweeter Alec Baldwin has left Twitter altogether.
• Happy birthday TODAY to Fred Bontecou! THIS FRIDAY is bella Francesca Vittoria’s birthday, and wish a happy birthday to Melissa Morris on Sunday. NEXT WEEK: Monday is New Yorker for Children’s glamorous ambassador Dayssi Olarte de Kanavos‘ birthday.
• Upcoming event highlights: Find time in between all the many holiday cocktail parties to make these few events! TONIGHT: Stop by Urban Zen for the 4th Annual Holiday FEED-raiser and Market. NEXT WEEK: Monday is the 7th Annual Toys for Dogs benefiting the Humane Society of New York, hosted by Wendy Diamond. And MoMA hosts the Junior Associates Annual Holiday Party. See our events page for details on these and other events.