Allbritton Buys Capital NY, VandeHei Named President

Watch out New York. Politico owner Robert Allbritton just took a bite out of the journalism industry there by purchasing Capital New York, an online news site created by  Josh Benson and Tom McGeveran.

Politico‘s Executive Editor Jim VandeHei has been named President of the new venture. He will remain in his role at Politico in Washington and still spend the majority of his time there. Benson and McGeveran will remain as co-editors. Katherine Lehr will be VandeHei’s number 2 and will be moving to Manhattan.

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