The Afternoon Wrap: Friday

Another crazy day on Wall Street, as the Dow swings 1,000 points before closing 100 points down. [NY Times]

The leaders of New York’s biggest companies met at the Stock Exchange today to discuss solutions to the nation’s financial crisis, and no, they didn’t mention more taxes or regulation. [City Room]

Swig suspends condo sales at 25 Broad. [Curbed]

Pieces of condo are falling from the sky at Williamsburg’s mega-development, 184 Kent. [Curbed]

Construction on the Whitney’s dowtown branch—due to open in 2012—officially begins. [Curbed]

More legal trouble for the Plaza: the building’s developer is suing its award-wining architecture firm for poor workmanship and breach of contract. [TRD]

DUMBO architect recycles buildings as he renovates them. [Brooklyn Eagles via TRD]

Guess where the oldest standing townhouse in Manhattan is? [Lost City via BoweryBoogie]

Revamped South Ferry subway station to open in December. [TransitBlogger]

Trader Joe’s coming to the Upper West Side next year. [Grub Street via City Room]

New York’s other Little Italy. [BoogieDowner]

Manhattan’s celebrities are nesting as the economy tanks. [Daily Transom] The Afternoon Wrap: Friday