The faltering New York Observer has been bought by a 25-year-old, giving new weight to the old slogan “Youth wants to know.” Having spent a reported $10 million for a majority stake in the weekly, Jared Kushner boasted yesterday, “I own the New York Observer.” No word on whether Kushner, whose developer dad, Charles, is currently serving time, will introduce a comics page with a “Jumble” or publish features on drinking games. (NYT)