He was part of a group of Newsday reporters involved in writing the bestselling hoax novel Naked Came the Stranger, initially credited to fictional author Penelope Ashe, and published as a parody of commercialized book publishing in general and of novels in the genre of Jacqueline Susann's Valley of the Dolls in particular.
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McGrady co-edited the project with his Newsday colleague Harvey Aronson, and among the other collaborators were well-known writers including 1965 Pulitzer Prize winner Gene Goltz, 1970 Pulitzer Prize winner Robert W. Greene, and journalist Marilyn Berger.