Last week the well-respected interim editor of the Observer, Tom McGeveran, quit in mysterious circumstances. New York Mag tells a tale of feuds and (media) hit jobs that might offer some explanation.

Tom McGeveran, who took over as editor of the New York Observer after longtime editor Peter Kaplan left earlier this year, told his staff today that he's leaving the paper at the end of the year. Who can blame him?

Ivanka Trump is having a book party! Where? Trump Tower, of course. Who's sponsoring? Trump Vodka, natch. Who do sales of The Trump Card at the event benefit? Oh, the Eric Trump Foundation. Talk about keeping it in the family!

Intrepid reporter John Koblin of the New York Observer caught Anna Wintour at the U.S. Open watching her crush Roger Federer's match against Lleyton Hewitt. He asked Wintour the two don't-ask-don't-tell talking points on everyone's mind: McKinsey and Federer. Results?

Back in April we floated some rumors that NYC's youngest media mogul Jared Kushner was anxious to extricate himself from owning the New York Observer. Now, we hear, Kushner's still searching for ways out.

Jared Kushner's New York Observer has always been heavily reliant on real estate advertising. It's been hurt as much as anyone by the collapse of the real estate market. So Kushner is launching a new real estate paper. What?

With McKinsey digging around at Conde Nast, it makes sense that quite a few people are shaking in their Chanel boots, one of which may be Anna Wintour now that the consultants are reportedly "taking an early look" at Vogue.

Every publication enjoys the "pleasure" of hearing from their readerships often, but especially from crazies, who love to write in. Today, someone's helpful ideas for the beleaguered, layoff-happy New York Observer, involving Jews, horses, and the "Heroic Destiny Squad."

While the dreaded McKinsey recommendations are still weeks away, Conde Nast is in full cost-cutting mode. Examples: Graydon Carter is now lunching in the cafeteria with commoners and the free Fiji water will soon be replaced by tap water. Yeah.

Recently Tina Brown eulogized party-planner Robert Isabell, fondly recalling her decadent Talk launch party he organized in 1999, a party she modestly labeled, "the last social celebration of the pre-9/11 celebrity decade." Now David Carr's offering a sad remembrance.

Michael M. Thomas — who left the New York Observer after 22 years with a declaration that owner Jared Kushner "stands pretty much squarely on the side of those whom I consider the bad guys" — reflects on the paper.

The Observer's Gillian Reagan wrote a piece on how the content is managed on at NYTimes.com. Reagan spoke to the Times executives who manage the paper's website, two guys whose view of the web is, well, interesting.