The Afternoon Wrap: Thursday

John Catsimatidis paints a grim picture of what’s in store for the city’s real estate market (particularly in Brooklyn), but the mayoral hopeful says he’s the only man tough enough to see the city through the impending storm. [Brownstoner]

A former real estate heavyweight cashed in his property portfolio to become an old world “Piazzaiolo” in Carroll Gardens. [Business Week via TRD]

Funnyman Billy Crystal has joined the board of the National September 11 Memorial and Museum Foundation to help fundraise. [AP]

Curbed turned us on to this blog chronicling unflattering real estate marketing photos. It should be called how not to sell your house. [It’s Lovely! I’ll Take It!]

Job cuts in the financial services industry boosted the city’s unemployment rate by 5.4 percent in June. [City Room]

Summer Restaurant Week starts Monday, and some of the city’s chefs are not looking forward to churning out well-done meat and half-hearted food to the huddled masses. [amNY]

There’s no better time to slurp down a dozen ice-cold, gelatinous mollusks. Here’s a list of the city’s best oyster bars. [Gridskipper]

The Afternoon Wrap: Thursday