A note to Capital readers

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Capital on launch day: June 17, 2010. ()
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Dear reader,

We're pleased and excited to announce that Capital New York is about to get a lot bigger.

Our upcoming expansion comes courtesy of a deal with Robert Allbritton, who owns POLITICO and has acquired Capital with the intention of establishing and growing it as a free-standing sibling publication in New York.

What the new investment does, for one thing, is to put this publication on a stable financial footing, ensuring our ability to deliver quality local coverage over the long term. It also gives us the wherewithal to be much more ambitious than ever before about our editorial mission, which is to be a primary source of reporting for knowledgeable readers on the workings of the greatest city in the world.

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We'll be announcing a substantial number of additions to the Capital editorial staff in the coming weeks, as well as some changes to the site. We'll immediately intensify our existing focus on politics and media, building on the excellent work of Dana, Joe, Azi, Reid and Gillian and our regular contributors, and we'll also be growing our coverage of culture and other areas vital to a publication purporting to cover New York.

Right out of the gate, on the business and operational side, Jim VandeHei will serve as President, while continuing his primary role at POLITICO. And we're pleased to welcome two more POLITICO veterans into the fold. Katherine Lehr will move to New York to join the company as our Vice President of Operations, and Cally Stolbach will come on board as Director of Business Development.

There will be lots more to tell you in the coming weeks and months as Capital enters this next stage. First and most important, though: thank you. We're more grateful than we're comfortable trying to express here for your attention and feedback and support, without which we'd never have made it to this point.

Tom and Josh