MoMA Pays $31.2 Million for American Folk Art Museum Building

So how much did the MoMA pay for the Tod Williams Billie Tsien Architects-designed American Folk Art Museum building? Never mind that we just told you up there in the post’s title, because we’ll say some interesting things before getting to the specifics, okay? You’ll recall last week we reported that the Folk Art decided to sell its building off and move to its smaller location elsewhere in New York after carrying a load of heavy debt caused by a number of factors, including an industry-wide lack of resources caused by the economy falling to pieces over the past couple of years, a dwindling number of visitors, and constructing and moving into a still relatively-new building, which New York‘s Jerry Saltz argued