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The New York Observer

The Afternoon Wrap: Wednesday

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March 26, 2008 | 11:34 a.m.

The Paterson family is moving into the executive mansion in Albany this week, after Silda Spitzer just finished outfitting the kitchen with "green" appliances. [City Room]

This Saturday night 1,200 transvestites will gather in Times Square for the annual "Night of 1,000 Gowns" ball. [NY Post]

A third of the nine tower cranes the Department of Buildings re-examined after the accident in Turtle Bay have been shut down, including Goldman Sachs' new headquarters in Murray Hill and Trump Soho. [NY1]

Chinatown residents protested outside of the Community Board 3 meeting last night, claiming that the neighborhood's exclusion from the proposed rezoning of the Lower East Side and the East Village is racist because it leaves minority residents vulnerable to rapacious development. [Gothamist]

The state's highest court refused to grant developer Gregg Singer a permit to build a so-called "dorm for hire" at the (now) landmarked 19-story building occupied by P.S. 64 on East 9th Street since he had not lined up a tenant. [NY Sun]

American Express Bank is close to finalizing a deal to move its headquarters in the World Financial Center to Newark. [TRD]

About 60 protestors camped out in the lobby of Bear Stearns today chanting, "Help Main Street, Not Wall Street." [Crain's]

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