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The New York Observer

The Afternoon Wrap: Friday

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August 8, 2008 | 4:19 p.m
<br /> (Getty Images.)
Getty Images.

Even Disney is getting priced out! Walt Disney Inc. announced that they will not renew the lease on their Fifth Avenue store--their only branch in Manhattan--in 2010 because of a rent hike. [Crain's]

The most populist of New York City dailies takes a stroll around the city with "former socialite"-cum-City Planning Commissioner Amanda Burden. [NYDN]

Mayor Bloomberg told skeptics today that since the whole car-free streets thing has worked in Bogotá for the past 30 years, it will "probably work here." We'll see on Saturday. [City Room]

Danny Meyer and Keith McNally are scoping out spots in Harlem. [Grub Street]

Naomi Watts and Liev Schreiber have decided not to buy the two condos they were in contract on at One Madison Park. But it’s O.K. because they're famous and buying a bigger apartment in the building. [WSJ]

In honor of the Olympics, here's a beginners guide to Chinatown so you can sample all the perks of Beijing without the bad air quality. [Gridskipper]

The former head of Massey Knackal in Brooklyn is suing his former employer for $12 million. [TRD]

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