Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HARBERT MANAGEMENT CORP
  2. Issuer Name and Ticker or Trading Symbol
NEW YORK TIMES CO [NYT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
* See Remarks
(Last)
(First)
(Middle)
2100 THIRD AVENUE NORTH, SUITE 600
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2009
(Street)

BIRMINGHAM, AL 35203
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2009   J(1)   28,538,434 (1) D (1) 0 (1) I Footnote (1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Equity Swap (1) 01/17/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 229,545 $ 15.3044 0 (1) I Footnote (1)
Equity Swap (1) 01/28/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 450,000 $ 15.8483 0 (1) I Footnote (1)
Equity Swap (1) 01/29/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 585,720 $ 15.9616 0 (1) I Footnote (1)
Equity Swap (1) 08/05/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 150,000 $ 13.399 0 (1) I Footnote (1)
Equity Swap (1) 08/08/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 66,000 $ 13.4397 0 (1) I Footnote (1)
Equity Swap (1) 08/11/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 99,000 $ 13.9 0 (1) I Footnote (1)
Equity Swap (1) 08/12/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 117,000 $ 13.5422 0 (1) I Footnote (1)
Equity Swap (1) 08/13/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 142,200 $ 12.755 0 (1) I Footnote (1)
Equity Swap (1) 08/14/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 187,570 $ 13.1115 0 (1) I Footnote (1)
Equity Swap (1) 08/15/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 120,000 $ 13.8514 0 (1) I Footnote (1)
Equity Swap (1) 08/18/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 99,600 $ 13.835 0 (1) I Footnote (1)
Equity Swap (1) 08/19/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 93,000 $ 13.483 0 (1) I Footnote (1)
Equity Swap (1) 08/20/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 33,000 $ 12.84 0 (1) I Footnote (1)
Equity Swap (1) 08/20/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 42,000 $ 12.9047 0 (1) I Footnote (1)
Equity Swap (1) 08/27/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 45,000 $ 12.8398 0 (1) I Footnote (1)
Equity Swap (1) 09/19/2008   J(1)     0 (1)   (1)   (1) Class A Common Stock 192,000 $ 15.2723 0 (1) I Footnote (1)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HARBERT MANAGEMENT CORP
2100 THIRD AVENUE NORTH
SUITE 600
BIRMINGHAM, AL 35203
    X   * See Remarks
HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER, L.L.C.
555 MADISON AVENUE
16TH FLOOR
NEW YORK, NY 10022
    X   * See Remarks
HMC INVESTORS, L.L.C.
2100 THIRD AVENUE NORTH
SUITE 600
BIRMINGHAM, AL 35203
    X   * See Remarks
HMC - NEW YORK, INC.
555 MADISON AVENUE
16TH FLOOR
NEW YORK, NY 10022
    X   * See Remarks
HARBERT RAYMOND J
2100 THIRD AVENUE NORTH
SUITE 600
BIRMINGHAM, AL 35203
    X   * See Remarks
LUCE MICHAEL D
2100 THIRD AVENUE NORTH
SUITE 600
BIRMINGHAM, AL 35203
    X   * See Remarks

Signatures

 Harbert Management Corporation(+), By: /s/ Joel B. Piassick   03/06/2009
**Signature of Reporting Person Date

 Harbinger Capital Partners Offshore Manager, L.L.C.(+). By: Harbinger Holdings, LLC, Managing Member, By: /s/ Philip Falcone   03/06/2009
**Signature of Reporting Person Date

 HMC Investors, L.L.C.(+), By: /s/ Joel B. Piassick   03/06/2009
**Signature of Reporting Person Date

 HMC-New York, Inc.(+), By: /s/ Joel B. Piassick   03/06/2009
**Signature of Reporting Person Date

 /s/ Raymond J. Harbert(+)   03/06/2009
**Signature of Reporting Person Date

 /s/ Michael D. Luce(+)   03/06/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As a result of the transfer of certain management agreements and related transactions entered into by the Reporting Persons effective as of March 4, 2009, the Reporting Persons no longer have indirect beneficial ownership of the shares previously reported to be indirectly beneficially owned by the Reporting Persons as set forth on previous Form 4 filings.
 
Remarks:
(+) The Reporting Person may be deemed to be a member of a "group" for purposes of the Securities Exchange Act of 1934, as
 amended. The Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not
 directly owned by the Reporting Person. This report shall not be deemed an admission that such Reporting Person is a member
 of a group or the beneficial owner of any securities not directly owned by such Reporting Person.

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