The New Yorker leads the list of 128 finalists with 12 nominations for the 43rd annual National Magazine Awards. Marlene Kahan, executive director of the American Society of Magazine Editors, made the announcement on Wednesday. The 2008 awards, known as the Ellies, had a record-setting 1,964 entries from 333 print and online magazines, the society said. Twenty-five winners will be announced at a gala on May 1 at Jazz at Lincoln Center in Manhattan. Other publications with multiple nominations include New York, Vanity Fair, National Geographic, GQ and The Atlantic; first-time finalists include Babble, Bloomberg Markets, Budget Travel, Chow, Condé Nast Portfolio, Domino, Good, The New York Times Magazine, Paste, Play: The New York Times Sports Magazine, Radar and T: The New York Times Style Magazine.