Hey, New York wants you to know about this little budding interior designer kid, a senior at Drew College out in Jersey. He is a treat, if you're into really precocious youngsters. And aren't we?

In your inhumane Friday media column: Layoffs at NPR, another freakin' Dubya('s dad) book, newspapers burn as usual, New York mag has ad trouble, and Sean Hannity's waterboarding money appears!

New York has posted Gail Sheehy's impressive 1972 story "The Secret of Grey Gardens."

• More bad news for the magazine biz: Ad pages fell 26 percent during the first quarter, although you probably guessed that when you used last month's issue of any number of Condé Nast magazines to floss your teeth. [NYT]
• Steve Brill plans to save journalism! Or die trying, at least. [NYT]
• Sam Zell now says his acquisition of the parent company of the Chicago Tribune in 2007 was "a mistake." And a rather expensive one at that. [CT]
• Is NBC's long ratings slump over? Jeff Zucker sure is hoping so! [LAT]
• 20/20's Bob Brown has been dismissed after 30 years at the network. Insult to injury: He was told he could freelance for the network if he wants. [P6]

Remember the iconic New York Magazine sign on Madison and 49th? Now it's a Burberry sign. Metaphor contest! We say "The triumph of the fetish over the fetishist." Sad for history. [Racked; Click to enlarge.]

We were drawn in by New York's new article, "This Old Sperm: Do Cougars Have the Smartest Kids." Who would have thought it was lamentation against sensationalistic science journalism?

It's probably safe to assume that Amy Odell, the editor of New York magazine's fashion blog, The Cut, won't be on the guest list for Lauren Santo Domingo's Christmas party this year. Late yesterday, Odell posted a scathing critique of the socialite, Vogue contributing editor, and wife of Colombian heir Andres Santo Domingo. Why? It seems Santo Domingo couldn't get her hands on a pair of black $1,800 Hussein Chalayan boots that have been all the rage recently. So she did what any other dedicated fashionista would do: She took a pair of similar boots in brown and customized them to look just like the Chalayan ones. Vogue posted Santo Domingo's tale of "fashion dedication" online; Odell responded by suggesting Santo Domingo wasn't "important enough" to get her hands on the genuine article, and said her effort to recreate them was something that "no one with a real job would ever have the time, money, or energy to even think about doing." Totally true! The problem is that not long after, New York removed any trace of the story from its website. Did Vogue put pressure on New York to remove the offending piece? Did Anna bitch Adam out? Hard to say! An email to Odell asking for an explanation went unanswered. But we saved a cached version for you, which you can read here.

Item: We hear that New York Magazine recently called in its department heads and told them to prepare for more budget cuts. New York Magazine is the Gilded Age's demise, paper version.

• Jon Stewart made fun of Jim Cramer and Cramer responded in kind. Then Stewart took another shot at the Mad Money host. And Cramer responded once again on the Today show this morning. Your turn, Jonny. [HP, MM, BI]
• Okay, so CNBC didn't see the economic collapse coming. But if we're handing out blame, we better not forget about the nation's newspapers! [NPR]
• Ratings for Donald Trump's Celebrity Apprentice have tumbled. [AdAge]
• More cuts at New York are rumored to be in the works. [Gawker]
• American Express has shuttered Travel + Leisure Golf. [WWD]
• Apple is launching an American Idol iPhone application. Finally! [THR]
• Equally exciting: Universal movies are coming to your Playstation. [THR]

The US lost 2 million jobs in the last three months. Unemployment hasn't been this high since 1983. So aren't you worried about how this is affecting New York marriages? A certain magazine is!

Hugo Lindgren was Adam Moss' first hire at New York magazine, following Moss over from the NYT magazine. Now Lindgren is one of New York's bloggers. They sure take this "blogging" thing seriously!

New Yorker staff writer Adam Gopnik tells NYMag.com today that he's "addicted" to Kombucha, a Himalayan drink that "tastes like homemade ginger ale, looks like swamp water, and seems half-alive." It's the "elixir of life" and "warder-off-of-all-ills," Gopnik says. One thing it clearly isn't: a truth serum. Although he tells the mag he's 50, the New York State Board of Elections has him down as 52. Bottoms up! [NYM]

Former alleged Spitzer hooker #2 Kristin Davis: "I got the best response to my escort ad's in New York magazine. They're expensive, but that's where many of my clients got my phone number." [Steppin Out]

Being a media mogul can get tiring. Could the news that New York magazine owner Bruce Wasserstein is marrying a younger woman signal a bit of loss of interest in his marriage to the magazine?

New York's cover story this week takes a look at Caroline Kennedy's disastrous foray into politics, and provides some excellent insight into what derailed her quasi-campaign for governor. What may be more striking, though, is the cover of the magazine, which features a black and white photo of Caroline with a red tear that appears to have been hastily drawn on top of the picture. Seem a bit familiar? Indeed it does!

In tough times we all need to cut back on frivolous expenditures. And no expenditures are more frivolous than the ones listed in New York's annual "Best of New York" issue. Except this year!

Kurt Andersen is, at long last, giving up his column in New York, the magazine he edited 12 years ago. Now he has time for things that are, somehow, even less important.

New York magazine has dropped columnist Kurt Andersen, reports FWD. Of course, this has absolutely nothing to do with the layoffs last month or the salary cuts reported earlier today, which the mag's publicity chief, Serena Torrey, tells FWD weren't really cuts: Staffers are actually going to make more money now, she says. Good, because Bruce Wasserstein can clearly afford it! [FWD]

• Bad news: Magazine ad pages were down 11% in 2008 and 17% in the fourth quarter. Good news: They now take up less room in your bag. [AdAge]
• New York magazine is cutting editors' salaries. [ATD]
• Both OK! and the Star are laying off staff. [Jossip]
• Obama is expected to tap Julius Genachowski as FCC chair. [B&C]
• MSNBC plans to broadcast the inauguration at Starbucks locations. [NYT]
• Literary agent David Vigliano has filed suit against Lenny Dykstra. [NYP]
• John Mayer is taping a new pilot for CBS. [People]
• American Idol's debut roped in more than 30 million viewers last night, but that's down 10 percent compared to last year's premiere. [Reuters]

New York magazine, the bible of an entire class of affluent aspirationals, has already cut its masthead; now, it's instituting widespread pay cuts. In the "All New"economy, its audience is fading away.