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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

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

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1.- New light shines on Sandro Botticelli masterpieces at Florence's Uffizi Gallery

2.- Cincinnati Art Museum's Van Gogh exhibition brings guests Into the Undergrowth

3.- Degas retrospective debuts in the U.S. at the Museum of Fine Arts, Houston

4.- Special exhibition features large-scale photography by Richard Mosse & Edward Burtynsky

5.- Nobel panel gives up knockin' on Dylan's door

6.- An unprecedented, international-loan exhibition of works by Claude Monet is at the Kimbell Art Museum this fall

7.- Exhibition at the Ny Carlsberg Glyptotek explores Rousseau's landscapes

8.- Yoko Ono unveils her first permanent US art installation

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10.- British artist David Hockney makes a splash at Frankfurt fair with 2,000-euro book

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