Smith sold the paper in late 2002 to investment group Avalon Equity Partners for around US$3 million. Publishers Chuck Colletti and Doug Meadow became the president and C.O.O., respectively. Immediately after the sale, Strausbaugh was fired. After an interim editor declined to stay on,
Jeff Koyen was hired away from
The Prague Pill. From 2003 to 2005, as editor-in-chief, Koyen continued publishing approximately 100 pages each week. From 2007 onward, the
Press ran at less than 40 pages each week. From April 2003 to July 2004, the
Press had a sister publication,
New York Sports Express, that was a free weekly devoted to sports. The publishers discontinued it.
New York Press attracted strong criticism in March 2005 for a cover story entitled "The 52 Funniest Things About the Upcoming Death of the Pope," written by
Matt Taibbi. The cover prompted outraged comments from a variety of New York politicians. Within a few weeks editor
Jeff Koyen resigned due to the uproar. He was replaced by "interim editor"
Alexander Zaitchik. During Koyen's and Zaitchik's editorship, the paper ran regular columns by
Paul Krassner,
Michelangelo Signorile, and
Matt Taibbi. Many of the writers from this time period, including Zaitchik, went on to work at
The eXile.
Harry Siegel became the paper's editor in August 2005, bringing along with him three editors and writers (Tim Marchman,
Jonathan Leaf and
Azi Paybarah). He directed the
Press to a greater focus on local politics. In February 2006 all four men resigned from the paper, after the publisher rejected a planned cover story that would have shown the
Jyllands-Posten Muhammad cartoons from the controversy in Denmark. Siegel was replaced for a short time by
Steve Weinstein, former editor of the
New York Blade. In 2006,
Adario Strange, former editor of
The Source, became the new editor. A year later, in 2007, Strange left the paper to return to film directing. After being promoted to publisher, Nick Thomas named Jerry Portwood, former arts and entertainment editor, as editor of the
Press. On July 31, 2007, the paper was acquired by Manhattan Media, the owner of
Avenue magazine and a small stable of New York community weekly newspapers. One of those weeklies,
Our Town Downtown, was initially merged with the
New York Press. It was revived independently as the
Press replacement in August 2011. In September 2007,
David Blum was named editor-in-chief of the
New York Press. A former contributing editor of
New York magazine and
Esquire, Blum had previously been editor-in-chief of the
Village Voice. In June 2008, Blum left the
New York Press to assume another the editorship of
02138, a new Manhattan Media acquisition. Blum was replaced by
Jerry Portwood. From 2005 to 2007, the
Press ran regular columns by
Amy Goodman and
Ed Koch (former
Mayor of New York City), among others. In 2013, Manhattan Media sold its
Our Town downtown and NYPress.com to Straus News. ==Other contributors==