By Dan Snierson
Updated April 16, 2009 at 09:00 PM EDT

Did you hear the news that Josh Schwartz (Gossip Girl, The OC) will write and direct a new big-screen adaptation of the Jay McInerney novel Bright Lights, Big City? So did Michael J. Fox — the star of the 1988 film — and his response was…”Cool!” “I haven’t seen enough of [Josh’s] work, but it seems like he’s connected to the New York social energy and young Manhattan thing,” says Fox, who notes that his daughters watch Gossip Girl. The 47-year-old actor-activist hopes that the second time is the charm for a BLBC movie. “The first one was so tough,” he says. “It really was compromised right from the beginning and we had a difficult time doing it, so I’d like to see a new version of it with a smoother production situation than we had. But I’m so old. Do people still run around New York fueled on cocaine 24 hours a day? I don’t see [that] at 1st-grade pick-up and drop-off too much.” And would he be interested in doing a cameo in the new BLBC? “I don’t know…that seems kind of like nostalgic tourism,” quips Fox. “I certainly wish him well, though.”