5 Things To Know This AM — Jul 05 2012

We don't know about you, but this is definitely not the kind of water tower we grew up around. Tom Fruin's new plexiglass water tower sculpture has turned the Brooklyn Skyline into a work of art. (Tom Fruin)
Warning: if you're on a diet, do not click this link. All gluttons, prepare yourselves for all you can eat gelato for only $10. (Gothamist)

Carine Roitfeld sure does know how to keep busy. While awaiting the launch of her new magazine,
CR Fashion Book
, Roitfeld styled three covers for V Magazine's "Youth quake Issue." (Styleite)

Mom always said not to air your dirty laundry out in public, but what about when your competitor hires a private investigator to do it for you? Are three of New York's biggest art studios closing down as a result of a sneaky competitor? (NY Post)
With divorce drama and paparazzi closing in, we're surprised to see Katie Holmes still made it to tape her guest judge appearance for Project Runway. Think her oh-so-stylish daughter Suri helped pick the challenge winner? (Fashionista)
tom-fruin-watertower1-1 Picture: Courtesy of Tom Fruin