New Observer owner and veteran 25-year-old Jared Kushner is a Harvard graduate (and in our hearts, aren't we all?) but, according to his counselor at Frisch Yeshiva, the lad was more likely rolling joints by the train tracks than he was leading the Quizbowl team:

Congrats to Observer editor Tom Scocca, who has sold a book to Sean MacDonald at Riverhead (MacDonald was James Frey's editor, so don't be surprised when everyone discovers that several portions of Scocca's book have been fabricated). We're not sure how significant the deal is because, as a very white person, Scocca…

Last Thursday, the staffs from the Observer and New York magazine took to the softball field; it would be no small exaggeration to say the prettily pink players from the Observer had their witty asses handed to them on the proverbial plate (we imagine that if New York were to actually use a plate for this purpose,…

This morning's revelation The Kushner Kids all have a piece of the pink paper lead us to wonder about the other members of what's turning out to be the Wayans family of New York media. Do they have any proficiency with the press? Will they change the tone of the periodical?

If we may, let's go back to new Observer owner Jared Kushner. In the Sun's article today about Kushner's real estate ventures uptown, there's an interesting little something slipped in there: "Mr. Kushner said his partners in the real estate venture include his siblings, Dara, 27, Nicole, 23, and Joshua, 21, all of…

Jared Kushner, the 25-year-old real estate scion who just purchased the Observer for $10 million, isn't putting his property lust aside for the sake of the sassy salmon paper; the Sun reports today that Kushner and his siblings are planning on purchasing 22 residential buildings north of 96th Street. Kushner…

• The people have spoken. [Animal]

• Are Madonna and Guy Ritchie headed towards a divorce? And is floating such rumors part of new Observer owner Jared Kushner's hip-and-cool mandate? [Daily Transom]

• Speaking of J-Kush, homeboy was definitely not a team player last night when he missed the Observer's very first…

Metro scores an interview with the new owner of the Observer, 25-year-old NYU law student and real-estate scion Jared Kushner. We have to hand it to the lad; everyone may have their doubts, but he has an excellent business plan:

In keeping with our coverage of the Fabulous Life of Jared Kushner, the 25-year-old son of disgraced Jersey developer Charles Kushner and spanking-new owner of the Observer, we've a confirmation on the identity of his girlfriend. She's Laura Englander (Brown '03), daughter of Wall Steet demigod Israel Englander, who…

As a sign of solidarity with Hova, new Observer owner Jared Kushner has released the following statement:

So it is Drudged, so it is done. A 25-year-old law student just bought the Observer. Let that sink in. Stare at your hands. Take a deep breath. Now piss on your resume and shoot yourself in the head.

Today's Observer reveals that in the wake of Jared Paul Stern and Burkle-gate, Page Six has been looking for a full-time staffer to accompany Paula Froelich and Chris Wilson on their magical, gossipy journey. Unfortunately, several people have turned down the offer. According to Gabe Sherman, that list includes:

• George Clooney eats hot dogs! Let's sabotage hot dogs! [Gallery of the Absurd]
• And another one bites the dust: Hachette says it'll shut ELLEgirl after the June/July issue, leaving it as a web- and wireless-only brand. [WWD]
• Folio: announces its list of the 40 most influential/ successful / annoying / evil…

• Because God is inexplicably protecting Maer Roshan, Radar still looms over us. Well, kind of. Maybe not. Maybe so, with Jesse Jackson's son in the mix. And whether or not the mag that Maer built comes alive, it sure is fun to speculate and send Roshan into a secretive frenzy.
• Our sick and psychotic Gawker…

Continuing with our insistence that FEAR IS BACK, today's Transom has a downright disturbing item about Brooklyn artist Chris Hackett (at right), who is constructing a fully-functional suitcase bomb. The piece is courtesy of the Madagascar Institute, a radical art organization which is organizing an exhibition to be…