New York
New York Observer owner
Arthur Carter has poured millions into his paper with almost no hope of recouping, but he's also published it on the cheap, notes
Kurt Andersen (ignore the "John Anderson" byline.) "Here's hoping that [
Robert] De Niro and his savvy, cool friends make the deal [to
buy the Observer], and devise the commercial means not only to keep the paper going but to nudge it from good to great." || NYO editor
Peter Kaplan's view: “We are a brand name for a kind of high-end New York. We ought to be raking it in."
