The Afternoon Wrap: Friday

Barclays decides to stick by Ratner and not bail on its $400 million naming-rights deal for the new Nets arena. [NY Post]

Former iStar Financial COO named president of Gramercy Capital. [GlobeSt]

Architectural firm Skidmore, Owings and Merrill teams up with Rensselaer Polytechnic Institute to brainstorm real world solutions to green building construction. [City Room]

The “Hoop”—a bike rack created by two Copenhagen designers—wins NYC’s CityRacks Design Competition. Expect to see 5,000 more of these little fellas around town in the next three years. [City Room]

Port Authority named the fifth ugliest building in the world by VirtualTourist.com. Thank god someone’s finally building a skyscraper on top of it. [Curbed]

A second-floor 15 CPW condo sold for $9.35 million a few weeks ago; this week it’s back on the market with a $16.5 million price tag. [Curbed]

Donald Trump wonders if the Freedom Tower should even be built when “office space is going begging in New York.” [TRD]

Bloomberg looking to connect Carroll Gardens and the Columbia Waterfront District—two Brooklyn neighborhoods split by the BQE—with nine new blocks of housing. [TRD]

Is famed Soho bakery, Vesuvio, turning into a shoe store? [Lost City]

Bronx residents infuriated over the city’s plan to turn the old Fordham Library building off Fordham Road into an animal shelter. [Norwood News via West Bronx Blog]

The Afternoon Wrap: Friday