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New York City's MoMA to Buy Museum of Folk Art Next Door
NEW YORK (AP).- New York City's Museum of Modern Art has agreed to buy the building of the financially strapped Museum of Folk Art.

The building is next door to MoMA, meaning MoMA could expand the exhibition space of its West 53rd Street facility. No immediate plans for the folk art building were announced.

The Folk Art Museum will continue to operate at its gallery space near Lincoln Center. A spokeswoman for the smaller institution confirmed the sale, which will help eliminate its bond debt. The sale price was not disclosed.

The Folk Art Museum's director, Maria Ann Conelli, announced last week that she was stepping down in July.


Copyright 2011 The Associated Press.



Today's News

May 12, 2011

Andy Warhol's First and Last Self-Portraits Fetch a Combined $66 Million at Christie's

The Prado Museum Announces Presentation of Its Collection in Australia

Digital Images of Yale's Vast Cultural Collections Now Available for Free to Individuals

Leopold Museum Announces Favorable Conclusion Over Egon Schiele Painting Dispute

Police Arrest Man after Theft from Heavily Guarded Forbidden City in Beijing

Previously Unseen Photographs of the Fab Four Brought to the San Francisco Art Exchange

Exceptional Complete Portfolio of Mao by Andy Warhol Offered on artnet Auctions

Collection of Vintage New England Movie Theater Photos for Sale at Philip Weiss Auction

Sotheby's: Record Set for a London Sale of Fine Chinese Ceramics and Works of Art

The Contemporary Jewish Museum Presents Seeing Gertrude Stein: Five Stories

Lyons Wier Gallery Presents Mary Henderson's Newest Group of Hyper-Real Paintings

Top Prices Paid Once Again for Works of Art by Japanese Artist Shibata Zeshin at Bonhams

Mexican Artist Hands Over Aztatlan Archaeological Pieces to Mexican Government

Art Community Around the World Rally to Aid China's Best-Known Contemporary Artist

Meadows Museum Acquires Rare Masterwork by Spanish Court Painter Vicente López

Sotheby's Announces Details of Impressionist & Modern Art Sale to Be Held in Paris

LACMA Presents Twenty-Four Hour Screening of Newly Acquired Artwork

Sotheby's London to Offer The Bordeaux Winebank Collection Part III

New York Daily News Cartoonist Bill Gallo Dies

From Street Singer to Mistress of David Garrick, Bonhams Offers Portrait if Dublin Actress Peg Woffington

The Heckscher Museum of Art Presents Edward Weston: Life Work

Rafael Viñoly Architects Announces Completion of Translational Research Center at Penn

Bank of America Art Conservation Project To Restore Global Cultural Treasures in 2011

Faggionato Fine Art Presents 'Lingua Franca', Exhibition of New Works by Tarka Kings

Sotheby's Announces Auction in Aid of the Serpentine Gallery's New Space in Kensington Gardens

Sotheby's Zurich Celebrates The Muses of Swiss Art in Sale to Be Held on May 30

Important American Paintings, Drawings & Sculpture Offered at Sotheby's New York

Benson Masterwork to Lead Christie's Sale of Important American Paintings, Drawings and Sculpture

Metropolitan Museum and the Whitney Announce Collaborative Agreement for Breuer Building

Art Stolen from Beijing's Forbidden City, Thieves Take Nine Objects from Exhibition

New York City's MoMA to Buy Museum of Folk Art Next Door

World Record Breaking $6.077+ Million Comics Sale at Heritage Auctions

Changes in Vegetation Determine How Animals Migrate, Scientists at the Smithsonian's National Zoo Find

Most Popular Last Seven Days



1.- 'World's oldest message in a bottle', tossed in sea 101 years ago, reaches granddaughter

2.- East-West/West-East: Qatar unveils desert sculpture by American artist Richard Serra

3.- Ming-era 'chicken cup' sells for $36.05 million breaking record for Chinese porcelain

4.- United States pastor Kevin Sutherland convicted over Damien Hirst fake paintings

5.- Major exhibition at Pinacothèque de Paris explores the myth of Cleopatra

6.- Fondation Vincent van Gogh Arles opens with inaugural exhibition "Van Gogh Live!"

7.- Landmark exhibition opens in New York exploring the ancient kingdoms of Southeast Asia

8.- Palm-sized scroll that mentions Jesus's wife is ancient: Harvard Theological Review

9.- Hitler's wife Eva Braun may have had Jewish ancestry: British television documentary

10.- Bonhams to sell Madame de Pompadour's favourite porcelain which surfaced in Devon after 350 years



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