MOD Media has acquired home-design magazine New York Spaces from Davler Media Group.
This is the third magazine MOD Media has added to its portfolio this year. In March, the company launched luxury lifestyle title ChicagoMOD and in April, it introduced Highways, a luxury auto magazine produced in partnership with Benzel-Busch, New Jersey’s dealer of Mercedes-Benz and Audi, among other brands.
Shannon Steitz, president, publisher and founder of MOD Media, told Publishers Daily the acquisition expands the company’s reach in the New York metropolitan area. In 2012, MOD Media launched HudsonMOD, a luxury lifestyle magazine targeting the wealthy in Manhattan and New Jersey.
Published eight times a year, New York Spaces’ reportedly has a total readership of 200,000 and a demographic of an average household income of $914,000.
Steitz said the company will focus on expanding New York Spaces’ “key programs,” such as its annual events “Top 50 Designers” and “What's New? What's Next?”
She added: “The company will look to propel the brand by enhancing the current robust platform. We will apply our corporate mind-set, which includes facilitating connections on behalf of our advertising partners through customized, fully integrated marketing solutions and events.”
Steitz called New York Spaces a “niche, high-design publication” that “complements our current portfolio of luxury lifestyle brands.”
MOD Media also says New York Spaces will continue to cover and produce prestigious showrooms, show homes, real estate, designers, the latest trends and the bi-annual “The Goods” issues, under its new ownership.
In March, when Davler Media Group announced it was tapping into the LGBTQ space with the acquisition of Metrosource, the second-largest LGBTQ publication in the U.S., it also teased an upcoming launch of Exuberance, an LGBTQ-focused spinoff of New York Spaces.Davler Media also owns City Guide and NY MetroParentssite and its seven regional parenting titles, such as Big Apple Parent, among other properties.