The Afternoon Wrap: Tuesday

Bloomberg directs the city to trim its budget by $1.5 billion over the next two fiscal years. [City Room]

As JetBlue’s Terminal 5 launches, a look back at its impressive transformation. [Curbed]

Is Williamsburg reclaiming its “prostitute-ridden Bohemian squatter” heritage? [Williamsburg is Dead via Curbed]

As Dunkin’ Donuts continues its nationwide expansion unabated, seven NYC franchises hit the auction block. [TRD]

Developers at Greenpoint’s 200 Franklin Street violate stop-work order, spray local resident with cement. [newyorkshitty]

South Bronx has alternate side parking regulations only insomniacs could manage. [Boogiedowner]

Four more cell phone towers may be coming to Bay Ridge less than four months after the controversial placement of a Verizon tower 50 feet from a school. [Bay Ridge Rover]

Bed-Stuy’s Restoration Center to be restored. [Brownstoner]

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