5 Things To Know This AM — Jan 12 2012

Patti Smith is trying hard to save the historic Chelsea Hotel, and is giving a free concert to it's remaining tenants tomorrow night— go, Patti, go! (Gothamist)
Fan of MTV's The City? Their fashion gal Whitney Port is relaunching her clothing line at New York Fashion Week. Not too shabby, Whit. (NY Mag)
Believe it or not, Lady Gaga claims she loves buying designer knock-offs. Hey Gags, don't you get freebies? (Fashionista)
She's just 3 days old, but Blue Ivy Carter is already breaking records — as the youngest human to appear on the Billboard charts! (NY Observer)
We were already completely bummed with LCD Soundsystem for calling it quits, so does their doc "Shut Up And Play The Hits" have to rub it in out faces? Check out the trailer here. (Indiewire)

Photo: Via Gothamist