Director Of American Folk Art Museum Quits After Museum Misses Payments

"The museum, a few feet west of the Museum of Modern Art on Manhattan's W. 53rd Street, missed $3.7 million in payments to a debt service fund connected to bonds issued to construct a new building, it said in a January filing. It didn't expect to make payments into the fund "for the foreseeable future," the museum said." [Read Full Article]

Published By: Bloomberg
On: 05/04/11
Website: http://www.bloomberg.com/


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