Jared Kushner, the 25-year-old son of disgraced New Jersey real estate baron Charles Kushner, has bought The New York Observer, one of the elder Kushner's biggest critics. The Kushner family reportedly paid $10 million for the weekly newspaper, according to The New York Times. If studying law at NYU's law school isn't enough, now the younger Kushner will manage a newspaper? However, he won't be alone at the helm. Reportedly, founder Arthur Carter will maintain a stake in the snarky, salmon-tinted masthead that he started in 1987. Of course, Dealscape believes that the senior Kushner may also have a hand in the management of a paper that has been one of his strongest critics. Next month, Charles Kushner will be paroled from a Newark halfway house where he is finishing his two-year prison sentence for 18 counts of tax evasion, witness tampering and making illegal campaign donations. "Witness tampering" is the polite term the Times used to describe what Charles Kushner did. Like a plot out of a "Law & Order" episode, Charles Kushner sought to intimidate his sister, who was cooperating with the federal government in the case against her brother, by hiring a prostitute to seduce her husband. Now that the Kushners have won the auction for the Observer, don't expect to see more stories airing the family's dirty laundry. —Matthew Wurtzel
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