The hottest Oscar after-party in town is back — only smaller.
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The A-list soiree, which has boasted such guests as Madonna and Al Gore, will take place at West Hollywood’s Sunset Tower Hotel instead of its traditional home, the restaurant Morton’s.
The magazine’s editor Graydon Carter says on VanityFair.com Tuesday that the bash “will be a much more intimate affair than in years past,” with a scaled back guest list.
Given the state of the economy, Carter says the party will also recycle decor from past years.