Post-MoMA Sale, American Folk Art Museum Considering Closing, Donating Collection to Other Museums

At last we left the American Folk Art Museum in New York, back in early summer, it had been partially saved by the crippling debt that had long weighed it down by selling one of the central causes for said debt, the Tod Williams Billie Tsien Architects-designed tower it had built just several years prior, to the Museum of Metropolitan Art for $31.2 million. That influx of money was intended to not only lift the burden of building ownership entirely, but leave the museum with a bit extra to

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