Ending its 23-year run, alternative weekly New York Press will be closing up shop next week, its parent company Manhattan Media announced Thursday.
Manhattan Media president Tom Allon said the company is reviving Our Town Downtown, a weekly paper it purchased in 2007, because it is a more fruitful business endeavor.
“Alternative weeklies are not as viable as business as community weeklies are,” Allon said.
“Alternative weeklies, like the Village Voice and the New York Press, are vestiges of the past,” he added, taking a final jab at the soon-to-be-defunct newspaper’s former competitor.
Our Town Downtown will circulate 20,000 copies below 14th St. Its first issue will be published Sept. 1.