The New York Times Co., which owns The Boston Globe, Boston.com, BostonGlobe.com as well as The New York Times newspaper, reported net income of about $2.3 million, a drop of nearly 86 percent from the same quarter a year ago, when the company took several one-time items, including a gain from the sale of investments and a charge for paying down debt. The Times Co. is a smaller organization than it was a year ago. In January, the company sold 16 regional newspapers, including papers in Florida, North Carolina, and California, for about $150 million.
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