Yesterday thousands of people flocked to Boerum Hill for Atlantic Antic, the event that offers an "only in Brooklyn" mix of food (mmm, sardines), crafts, activities (the bus festival!), music and more. Brooklyn Borough President Marty Markowitz also emphasized it was more than tube socks, referring to other bland street fairs. But one of the more popular sights was a chapeau- and sunglasses-sporting pup. Our Joe Schumacher tells us, "this guy couldn't walk ten feet without someone stopping him so they could take a photo." more ›

The San Gennaro Festival, the Romania Day Festival and the 6th Avenue Summerfest could all fall under Bloomberg’s latest category of cuts. To save the considerable cost of manning city street fairs with NYPD officers (last year there were 321 fairs costing $4 million in overtime) the mayor wants to reduce their numbers. Bloomberg is a long-time fair opponent—he’s said that they’re too numerous and they they’re all the same—but others argue the festivals are integral to city life. “Festivals give people an opportunity to take back the streets so they can walk, listen to music, see their neighbors and buy something if they want," argued fair producer Mort Berkowitz. more ›

Federal Judge Jed S. Rakoff rejected the $33 million settlement that the Securities and Exchange Commission accepted from Bank of America over the $3.6 billion in bonuses paid to Merrill Lynch employees. BoA, which acquired Merrill, knew Merill was about to post $9 billion in fourth quarter losses yet went ahead with the bonuses; Rakoff found that BoA "materially lied" to shareholders about the losses. more ›

It took a while to work up the courage, but a shy high pressure system has finally made its presence known. The anticyclone's faltering first steps this weekend allowed some rain to fall early Sunday morning and it drizzled a bit over the city this morning as well. That drizzle is gone and the city should see clear skies for the next couple of days. Today's high should reach the breezy mid 60s. more ›

Lords and Ladies, did you attend the Medieval Festival & Renaissance Faire this past weekend? Incase you missed it, here are some images from the event, in which Manhattan's Fort Tryon Park was transformed into a medieval market town! more ›