Chelsea Art Museum Calls It Quits, Won't Open Another Museum in New York

At the very beginning of 2008, we posted a story with the title “Chelsea Art Museum Breathing Its Last Breaths?” While the struggling museum managed to fight and stay afloat throughout both that whole year and the next, it appears that it has finally succumbed to financial pressures and will be no more. Back in August, the museum closed on what they claimed was simply a temporary basis while they worked out a financial plan to help keep them going, facing debts of many millions and a development company who wanted the building back.