As part of the deal, NY public radio station WNYC will acquire Gothamist's archives, domain name and social media assets. Two anonymous donors have provided funds for the deal, though the amount hasn't been disclosed.
Gothamist and a companion news site DNAinfo were previously owned by Joe Ricketts, a billionaire businessman who founded the brokerage TD Ameritrade.
WNYC and two other public radio stations, funded by a pair of anonymous donors, purchased the assets of shuttered hyperlocal news sites Gothamist and DNAinfo.
Gothamist founders Jake Dobkin and Jen Chung said that the sudden shutdown of the sites previous year was unexpected.
WNYC in New York City, KPCC in Pasadena, Calif. and WAMU in Washington, D.C., acquired the archives, internet domains and social media assets of the sites in a move that they say will help them "expand their digital footprint and support their shared missions to reflect and serve their listeners and the public", according to a press release. WNYC broadcasts on 93.9 FM and AM 820 to listeners in NY and the tri-state area, and is available to audiences everywhere atWNYC.org, the WNYC app and through major digital radio services, all made possible through the generous support of our members, donors and sponsors. The station has already hired former DCist editor Rachel Sadon as a producer for The Kojo Nnamdi Show. "At a time when local journalism is declining everywhere, we are excited to revive this important news source for our region".
"For more than a decade, Gothamist served as a source of trusted local news", said New York Public Radio president and CEO Laura Walker in a statement.
The owner of the sites, DNAinfo, said they weren't economically successful.
Gothamist is expected to relaunch in the spring. Chung and WNYC staff will write content for it and at some point, new hires and possibly previous Gothamist staff members will join the team.
The websites focused on neighborhood news and entertainment. Without going into details of the transaction, he said each public radio station had some "skin in the game".