The Afternoon Wrap: Thursday

The jewelers of Madison Avenue are taking advantage of the summer heat to relocate, throwing the unofficial retail diamond district

The jewelers of Madison Avenue are taking advantage of the summer heat to relocate, throwing the unofficial retail diamond district between 61st to 65th streets into a tizzy. [Racked]

Here’s your chance to vent about the most odiferous spots in the city. [Daily Intelligencer]

It looks like the crew of the upcoming season of Top Chef moved into their new digs in Williamsburg today. [Gothamist]

A British restaurant critic recalls a horrifying trip to Buddakan with Tim Zagat in his new memoir. Let’s just say food was not the main item on the agenda. [Gawker]

Community Board 2 and SJP’s neighbors have successfully vanquished a pesky SATC tour company from making their usual stop in front of her brownstone on Perry Street. Cupcake lovers be warned: Magnolia Bakery is still part of the package. [The Villager via Jeremiah’s Vanishing NY]

The owners of Starret City have narrowed down the initial eight bids for the largest subsidized housing complex in the country to four finalists. [Crain’s]

Morgan Stanley distributed bonuses to first year ISG analysts averaging $50,000. Reactions ranged from relieved to disappointed. [Dealbreaker] The Afternoon Wrap: Thursday