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Posts Tagged ‘Jared Kushner’

Jared Kushner Wants to Buy The Dodgers

Jared Kushner is one of nine bidders looking to purchase the Los Angeles Dodgers. His offer has advanced to the second round of the vetting process and if it is approved, Kushner would be the youngest owner in the league. The Los Angeles Times reports that Kushner is working with UBS’ Vice Chairman Aryeh Bourkoff to help seal the deal.

If Kushner ends up acquiring the Dodgers and then brings them back to Brooklyn, he would pretty much own the city. We hope he understands that.

Hell, he could even send the Mets to LA to help smooth things over. We don’t think many people would miss them.

New York Observer Publisher in Hunt for Dodgers

Here’s a tip for all you Dodger ownership bid watchers. If you have not already, set up a Google News alert for “Bill Shaikin.” The LA Times baseball beat reporter remains the go-to source for breaking developments about the Frank McCourt sweepstakes.

Shaikin’s latest scoop, posted online last night, reveals that 31-year-old New York real estate entrepreneur Jared Kushner is among nine groups in the current running to buy the Dodgers. Kushner is the son-in-law of Donald Trump, as well as the owner of a Manhattan newspaper re-invented by former mediabistro.com editorial employee Elizabeth Spiers:

Kushner, who became owner and publisher of the New York Observer in 2006, has played a key role in expanding the family business beyond real estate. At 31, he would be the youngest owner in Major League Baseball.

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Jared Kushner Will Call Your Bluff

On Wednesday we heard the good news that the New York Observer was expecting its first ever profit this year. We gave some love to Jared Kushner and Elizabeth Spiers for making that possible, but an anonymous rival didn’t believe that the Observer was in the black.

In the anon’s own weird way, he challenged the validity of the Observer’s report by stating that he would “eat his own hat” if the paper was indeed profitable. When Kushner heard about this, he decided to call the challenger’s bluff. According to the New York Post, Kushner said that if the anon would identify himself and sign a non-disclosure agreement, he could look at the paper’s books himself.

Of course the rival declined. Lesson learned? Never play poker with Kushner.

The New York Observer to Post a Profit for the First Time

(Via Capital New York)

The New York Observer Media Group, which at one time was rumored to be losing about $5 million a year, is expecting a profit this year. Christopher Barnes, the Observer Media Group’s President, told the New York Post, “We’re expecting a small profit in 2011 and a more substantial one in 2012.”

Apparently the first ever journey into the black is all thanks to the digital push that was ushered in by Jared Kushner, and then mastered by Elizabeth Spiers, the Editor-in-Chief of the New York Observer. Maybe that’s why the Observer is expanding its editorial operations — things are truly going great there.

Of course not everyone is buying Barnes’ rosy outlook.

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The New York Observer is Going National

The New York Observer has decided that our tiny little metropolis is just too small. It wants to spread its wings, and according to Capital New York, it will start doing that soon. Elizabeth Spiers, Editor-in-Chief of the Observer, has been given the go-ahead by Jared Kushner to hire additional editorial staff for a digital spin-off that will focus on national coverage, while the paper will remain specific to Gotham.

A national expansion is a great idea, and the fact that the Observer is even considering it is a testament to Spiers’ skills as an editor. Since taking over the Observer has gained its wit and zing back, as well as enjoyed an online boom — sources say that visits have been up over 80 percent since she took over.

FishbowlNY is excited to see what the future holds for the Observer. Under Spiers’ guidance we’re sure it’ll be great. Plus, if the site goes national, just think of how many more “power lists” they could publish.

New Jared Kushner-Backed Lifestyle Mag Will Definitely Annoy You

(Via Gawker)

Three staffers from Avenue, the Manhattan Media publication, are leaving to create a new lifestyle magazine that is going to be backed by Jared Kushner. According to the New York Observer, Avenue’s Publisher, Julie Dannenberg, Editor-in-Chief, Peter Davis, and Creative Director, Cricket Burns, will all be part of the yet to be named new title.

While Avenue targeted Upper East Siders, the new magazine will be different, said Dannenberg. “We are not an Upper East Side magazine, but a magazine for the affluent household, not defined by neighborhood or by age but by mutual interests and similar demographics,” wrote Dannenberg in an e-mail to The Observer. Wait. Aren’t Upper East Siders affluent? We think they are, but maybe we should look into that again.

As you can guess by Dannenberg’s statement, the new glossy will cover high brow events and people. Just in case you aren’t irritated yet, Davis had something to add.

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Jared Kushner and Dan Abrams Talk, World Stops Spinning

 

 

 

Late yesterday afternoon, Adweek broke the news that Jared Kushner and Dan Abrams were talking, and the news spread like wildfire. Two big time media moguls discussing deals is certainly news, but maybe not as big as everyone thinks/hopes it will be.

The basis of the talks, according to Abrams, was that he was looking for potential investors in his media properties. Abrams’ talk with Kushner’s brother — who owns Thrive Capital — led to his conversations with Jared. Since that was boring, sources told Adweek and New York magazine that the talks really involved Abrams and Kushner joining forces and each owning a 50 percent share in Abrams Media and The New York Observer. One rumor even had Abrams taking control of the editorial side of the Observer.

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The New York Observer Defends Rupert Murdoch

Oh boy. The New York Observer published a whopper of an editorial this morning, staunchly defending Rupert Murdoch and attacking any who think he’s done wrong. It’s pretty much on par with the Wall Street Journal’s delusional piece, and surprise! that’s because the Observer’s owner, Jared Kushner, has a close relationship with Murdoch.

The piece says that Murdoch’s critics should all lay off, and that “it is simply wrong to assail Mr. Murdoch simply because of his politics.” Why is it wrong? Because “he happens to be a world-class visionary who has revived dying newspapers,” of course! Never mind the fact that he runs News Corp. and that old saying of “the buck stops here.”

There’s more, but you get the idea. The Observer piece reads like a boy defending his friend from bullies. There’s not much logic, just something like, “You leave Rup alone you stinky faces!”

It’s sad. But then again, this is an Observer editorial we’re talking about.

Life at The New York Observer: Treat Trump Kindly

On Friday, The New York Times profiled Jared Kushner, the New York real estate giant and owner of The New York Observer. The interview for the piece takes place during a celebration of the paper’s “100 Most Powerful People in New York Real Estate” issue. This is worth noting because as you know, Kushner is married to Ivanka Trump, daughter of Donald Trump.

Trump being Kushner’s father-in-law has played out oddly in the pages of the Observer. As recently as a few months ago, when Trump ridiculously toyed with the press about running for president, it left FishbowlNY wondering how the paper was going to cover such a touchy subject. Turns out the Observer covered it, just very lightly.

This appears to be the way all things Trump are handled at the paper. As we learn from the Times’ profile, when the Observer puts together its annual “100 Most Powerful” list, Kushner makes sure Trump is treated nicely, even if he shouldn’t be:

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Tom Brokaw, Trudie Styler, Joan Rivers & Happy Birthday, Jon Meacham!

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— DIANE CLEHANE

If you were wondering why the streets of midtown seemed a bit quiet today it was because everyone — well, almost everyone — was at Michael’s today. I could barely keep up as the A-listers filed in one after another (Tom Brokaw! Jon Meacham!) and random celebs (Trudie Styler, Joan Rivers) drifted by.

And to think I was worried I missed all the action when Gabriel Byrne and Chelsea Clinton made appearances last Thursday. If it’s Wednesday, you can pretty much always count on a head-spinning lunchtime scene at 55th and Fifth.

Here’s the rundown on today’s crowd:

1. Joan Rivers, presiding over a table full of folks including John Miller and some execs from WEtv. We’re guessing the group was feting Joan over the ratings success of the first season of her reality show, Mother Knows Best. (Glasses of white wine were being raised.) The compulsively watchable series starring Joan and Melissa Rivers chronicled the roller coaster ride of their mother-daughter relationship. When it wasn’t making me laugh out loud, it had me in tears. I should have expected as much since Joan put it all out there in A Piece of Work, the documentary which chronicled her fascinating life on and off stage.

Before she made her way to her table, I grabbed her for a chat and asked if she’d attended the royal wedding, since she’s been a guest of Prince Charles at many a dinner party at Highgrove. “I didn’t go,” she told me. “I’m a friend of Camilla‘s and none of her friends were invited.” Even so, she gave the wedding party high marks in the fashion department. (Much to their relief, I’m sure.) “Everybody looked fabulous!”

2. Stephen Swid with two gents that looked like they stepped right out of the pages of a Judith Krantz novel

3. Trudie Styler and two scholarly looking gents. (One was toting a folder from a school whose name we just couldn’t make out from afar) I’m thinking the fellows were from the Child Mind Institute at Hunter College where Trudie gave a well-received talk yesterday on her own childhood struggles with ADHD and dyslexia. Thanks to my pal blogger Beth Arky for giving me the heads up on this one.

4. Sony Television head Steve Mosko and Jerry Stiller (Yes, Ben‘s dad.)

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