The Afternoon Wrap: Monday

Citigroup to layoff an additional 24,000 employees. [NY Times]

Relief on the way for Con Ed customers, though New Yorkers shouldn’t expect much—the state had the second-highest electricity bills in the country this summer. [City Room]

Port Authority executive director Christopher Ward answers a few questions about Ground Zero—among them, why not build a new set of twin towers? [City Room]

A few wacky renderings of possible Coney Island futures courtesy of those participating in tonight’s ImagineConey event at the Brooklyn Academy of Music. [Curbed]

Williamsburg’s East River State Park to stay open all winter; hipsters to get frostbite. [Curbed]

Landmarks Preservation Commission to vote tomorrow on whether to landmark I.M. Pei’s Silver Towers and the Picasso sculpture in its courtyard. [TRD]

October home sale volumes in five major NYC neighborhoods are down considerably compared to the same month last year. [NY Mag via TRD]

Fort Green Park’s Prison Ship Martyrs Monument is rededicated, its torch re-lit for the first time since 1921. [Brownstoner]

Famed UWS bar, P&G Café, to close its doors for good on New Year’s Eve. [Lost City via VNY]

Best Buy opened its first Bronx store at 402 East Fordham Road. [MarketWatch]

Construction on the second phase of the $700 million East River Science Park is postponed. [NY Post via BoweryBoogie]

NYC inches into its Christmas costume. [EV Grieve]

The Afternoon Wrap: Monday