Dow loses nearly 800 points, before rallying at the 11th hour to close 360 points, or 3 percent, down. [NY Times]

Two Maseratis—prizes in a $1,000-a-ticket raffle—score rare parking spaces in Grand Central Terminal. [City Room]

Park Slope gets its first valet stroller parking… of course! [Curbed]

Dubai reveals plans for Nakheel Tower—the latest World’s Tallest Building. [Curbed]

Manhattan has a new neighborhood: Dungeon Alley. [Daily Intel via Curbed]

Major price cuts at Brooklyn condo Be@Schermerhorn. [TRD]

Gowanus Lounge returns! [Gowanus Lounge]

A successful opening day for Bay Ridge’s Green Market, though the bazaar’s future remains in jeopardy. [Bay Ridge Rover]

Subway delays up 24 percent from two years ago, 71 percent from three years ago, according to NYC Transit. [NY Post via 2nd Ave. Sagas]

A white community organizer earns Highbridge’s trust. [The Highbridge Lowdown]

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