Changing Ownership Letter of intent signed for sale of the Jewish News. letter of intent has been signed that would lead to the sale of the Detroit Jewish News and the Atlanta Jewish Times to current Jewish News publisher Arthur M. Horwitz, philanthropist Michael Steinhardt and Seth Lipsky, editor and president of the Forward. Terms of the impending transac- tion, and a timetable, were not dis- closed. Horwitz, Steinhardt and Lipsky pledged to continue to strengthen the papers' tradition of excellence and service to their respec- tive communities. "The Jewish News will continue to reflect the dynamism and diversity that have made Detroit's Jewish com- munity among the most admired in the world," Horwitz said. "We look forward to building upon the long and special relationship the Jewish News enjoys with the community, its readers and advertisers." The Detroit Jewish News and the Atlanta Jewish Times are part of ' Waterspout Communications LLC, a Maryland-based entity founded by the late Charles A. Buerger. Andrew A. Buerger, Sylvia Boyko Stafford and Horwitz are currently executive vice presidents of Waterspout. The Jewish News was acquired in 1984 by the Waterspout group. The Atlanta Jewish Times was purchased in 1989. Both entities also publish Style magazine in their respective markets. Horwitz has served as associate publisher and publisher of the Jewish. News since 1986 and has worked A GREAT LAKES CROSSING NEW ARRIVALS What you've been waiting for — our new arrivals in women's shoes and accessories from our Neiman Marcus stores located throughout the country. You'll find an amazing assortment of designer shoes, as well as fabulous accessories. And best of all, these will be marked at 65% to 70% off the original prices. HURRY IN WEDNESDAY, NOVEMBER 3, FOR THE BEST SELECTION! Store Hours: Monday - Saturday 10 am to 9 pm Sunday 11 am to 6 pm 248.745.6868 Interim markdowns may hove been token. Excludes selected merchandise. Corrections Clarification The photo that accompanied the Real Estate Reflections caption on page 50 of the Oct. 15 issue was provided by the Jewish Federation of Metropolitan Detroit. It was mistakenly credited. To clarify the quotation by Rabbi Lee Buckman, head of the Jewish Academy of Metropolitan Detroit, in the Oct. 22 issue, we are sup- plying the relevant passage from the school's vision statement: "The Academy understands that the teenage years are a time of questioning, challenging and doubting. A Jewish day high school education addresses these issues from the perspective of a centuries-old tradition, and not just from the point of view of cur- rent popular trends." The first name of Ronald Oliverio, candidate for Farmington Hills City Council, was noted incorrectly with other candidate biographies on page 25 of last week's edition. Our My Window on the WorldTM and Once Upon A Time' programs help preschoolers get a leg up. We provide them with activities in math, reading, science and music. And since young children learn best through hands-on-experience, it's a good idea to involve their feet, too. West Bloomfield Farmington Farmington Hills 6615 Middlebelt Road 38325 West 14 Mile Road 25005 Middlebelt Road (248) 477-4040 (248) 661-5850 (248) 855-1963 KinderCare. closely with the Atlanta Jewish Times staff for the past 10 years. He is cur- rently on the executive board of Hillel: Foundation for Jewish Campus Life, where he co-chairs its student initia- tives committee. He is vice president of Detroit's Agency for Jewish Education and co-chair of its national- ly recognized Jewish Experiences For Families program. Steinhardt, the legendary Wall Street hedge fund manager, has devot- ed his philanthropic efforts toward the causes of the Jewish world. These have included the Israel Museum, Hillel and its Steinhardt Jewish Campus Service Corps and the creation of the Jewish Life Network (JLN). Among JLN's achievements has been the Partnership for Excellence in Jewish Education, in which Steinhardt spearheaded an effort that successfully recruited 12 major Jewish philanthropists who joined together to expand day school oppor- tunities for children in North America. Most recently, he and Charles Bronfman launched the Birthright Israel initiative to send young people on free trips to Israel. Steinhardt, in partnership with Lipsky, is co-owner of the English-lan- guage Forward newspaper. Lipsky has an extensive and storied career in journalism, including stints as managing editor of the Asian Wall Street Journal, foreign editor of the Journal and a member of its editorial board. Lipsky departed the Journal in 1990 to start the English-language version of the Forward. The photo of Adat Shalom Synagogue Rabbi Daniel Nevins on page 10 of the Oct. 15 issue was taken by Gary Miller. ' •‘.