The Afternoon Wrap: Thursday

Breaking! Ron Burkle does not get his way. [NY Post]

Michael Shvo buys in the Hamptons. Oh, and he is also engaged. [NY Mag]

It’s like Shea Stadium on 23rd Street. [BlogChelsea]

New grading system for subway trains starts with the 7 train. Grade = C-. [CityRoom]

The Afternoon Wrap: Thursday