Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: New York Four Hundred | Statement: [Vanderbilt costume ball of 1883, socialCircle, New York Four Hundred]

Target entity: New York Four Hundred
Context triple: [Vanderbilt costume ball of 1883, socialCircle, New York Four Hundred]

• A. Old New York
  Old New York is a collection of four novellas by Edith Wharton that portray the manners, morals, and social constraints of New York’s upper class in the late 19th century.
• B. Fifth Avenue Old and New
  "Fifth Avenue Old and New" is a historical work by Henry Collins Brown that chronicles the architectural, social, and cultural evolution of New York City's Fifth Avenue.
• C. Silk Stocking Row
  Silk Stocking Row is a historic residential district in Blue Island, Illinois, known for its well-preserved, upscale homes that reflect the city’s affluent past.
• D. Billionaires' Row
  Billionaires' Row is a stretch of ultra-luxury residential skyscrapers along the southern edge of Central Park in Manhattan, known for some of the most expensive real estate in the world.
• E. The Toast of New York
  The Toast of New York is a 1937 American historical drama film set in the post–Civil War era, known for its portrayal of financier Jim Fisk and featuring Frances Farmer in a prominent role.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: New York Four Hundred
Triple: [Vanderbilt costume ball of 1883, socialCircle, New York Four Hundred]

The New York Four Hundred was the elite social set of late 19th-century New York City, regarded as the most fashionable and exclusive members of high society.

Target entity: New York Four Hundred
Target entity description: The New York Four Hundred was the elite social set of late 19th-century New York City, regarded as the most fashionable and exclusive members of high society.

• A. Old New York
  Old New York is a collection of four novellas by Edith Wharton that portray the manners, morals, and social constraints of New York’s upper class in the late 19th century.
• B. Fifth Avenue Old and New
  "Fifth Avenue Old and New" is a historical work by Henry Collins Brown that chronicles the architectural, social, and cultural evolution of New York City's Fifth Avenue.
• C. Silk Stocking Row
  Silk Stocking Row is a historic residential district in Blue Island, Illinois, known for its well-preserved, upscale homes that reflect the city’s affluent past.
• D. Billionaires' Row
  Billionaires' Row is a stretch of ultra-luxury residential skyscrapers along the southern edge of Central Park in Manhattan, known for some of the most expensive real estate in the world.
• E. The Toast of New York
  The Toast of New York is a 1937 American historical drama film set in the post–Civil War era, known for its portrayal of financier Jim Fisk and featuring Frances Farmer in a prominent role.
• F. None of above. chosen