Magazines: New York Rebirth

Before the World Journal Tribune folded last spring, its Sunday magazine, New York, acquired a reputation for breezy comment on the city, from its fleeting mod-pop fancies to its durable ethnic folkways. Unlike other publications that have come and gone, New York was missed enough to make it want to come back. Last week the magazine threw a midday party to announce its reappearance as an independent publication in March.

Editor Clay Felker, 39, bought the New York name from the defunct W.J.T. last June. He has spent the intervening months rounding up private...

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