Actor Ed Burns ("The Brothers McMullen," "Saving Private Ryan"), 32, it has been revealed, placed the winning bid to purchase the Lower Manhattan loft of the late John Kennedy Jr. and Carolyn Bessette Kennedy. If the deal goes through, as expected, the pad will serve as Burns's love nest with his girlfriend, "Austin Powers II: The Spy Who Shagged Me" costar Heather Graham.
This week's cover

On Newsstands Now!

JOSH & FERGIE: ROCKED BY SCANDAL

Did he cheat with a stripper?

Married less than a year, the couple denies an Atlanta woman’s claims that she and Josh had a fling
Note that this week’s cover of PEOPLE may differ regionally

Save $1.00 off this week's issue. Click here for coupon