The reporting in there was just phenomenal.
And then presumably some conservative billionaire took it over and turned it into fox news light.
Jared Kushner did the Observer takeover and turned it from something very weird and entertaining and serious and very New York into a directionless soup of trivialities.
I used to buy and actually read the physical weird-somewhat-grapefruit-pink-colored newspaper on my way to/from my office near wall street.
Sometimes things 'back in the day' really were a lot better.