New York Observer Thus Far Avoiding Falling Knife of Media Crisis
In all the reports of layoffs and foldings and budget setbacks and year-end projections that have dominated New York media news the last few weeks the New York Observer has been noticeably absent.
Owner Jared Kushner (pictured) purchased the paper back in July 2006 for a reported $10 million and shortly thereafter converted it into a tabloid while simultaneously upping its online content and real estate coverage (“porn for rich people”). The Guardian caught up with Kushner who says that he is as worried as anyone else about the current environment.
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WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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