The speaker recalls attending an event at what was once the largest apartment in New York City, which used to be a girls' school before being converted into a single residence. The gathering included the speaker, comedians Nick the Apollo and Bobby Slaton, Bobby Slaton's wife, Jeffrey Epstein, Woody Allen, and Jay Thomas. Jay Thomas, known for being on Cheers, entertained everyone with his signature bit titled 'Jay Thomas Lone Ranger,' a story that David Letterman praised as the single best panel story.

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