The Afternoon Wrap: Monday

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  • Two weeks ago, Chris Knight closed on Shelter Island's 23-room fixer-uper Shorewood Manor. Now it's on the market for $33 million, which makes Mr. Knight a bad, bad man. [Forbes]
  • Manifesto of the Week: Slate's "The Renter's Manifesto: Why home ownership causes unemployment." [Slate]
  • Being an asset manager is a bore, except when you reward yourself for a life of boredom with the 26th floor of the Carlyle Hotel. [Wall Street Journal]
  • The Medici Foundation goes to bat for the oft-criticized San Gennaro Festival: "This is not a community issue, it is a discrimination issue... This is a direct attack against Italian-Americans who, through their blood, sweat and tears, helped make this a wonderful city." [Gothamist] - Max Abelson
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