The Momentary - Bentonville, Arkansas - Feb 22, 2020

American Folk Art Museum passes fair to new owner

  • May 07, 2011 11:28

  • Email
American Folk Art Museum's annual fair will be run by the Art Fair Company

Ownership and management of the annual American Antiques Show, a ten-year-old fundraiser for New York's American Folk Art Museum, has been turned over to the Art Fair Company in an effort to stabilize the museum's finances.

Faced with a default on nearly $32 million worth of bonds that it issued to construct its building on West 53rd Street, the folk art museum is struggling financially. Last week, executive director Maria Ann Conelli announced she would be leaving in July.

Art Fair Company president Mark Lyman said that the relaunched fair, which is held in January at the Metropolitan Pavilion (West 18th St.), will attempt to attract new and younger buyers with the addition of modern design and photography, alongside the traditional folk art and Americana offered.

Read more at New York Times


  • Email

More News Feed Headlines

Sotheby’s set a new world auction record for any work of Impressionist art when Claude Monet’s iconic ‘Meules’ sold for $110.7 million in New York on May 14, 2019.

Top Execs to Exit Sotheby's in Latest Shake-Up

  • Page Six / December 4th, 2019

Several top executives at Sotheby's will be leaving, some voluntarily and some not, according to party buzz at the ...

Read More...
Rose and Thistle, furnishing fabric, William Morris, 1881, England.  Museum no.  T.634-1919.  © Victoria and Albert Museum, London

Pantone Color of the Year 2020 Is a Classic Blue Familiar in Art and Antiques

  • ArtfixDaily / December 4th, 2019

For 20 years, PANTONE has chosen a color that the company anticipates will be on trend for the year ahead. For 2020, ...

Read More...
A 1913 poster by Cornelia Cassady Davis for women’s suffrage, in "The Art of Protest."

A Well-Timed New Book Examines 'The Art of Protest'

  • ArtfixDaily / December 2nd, 2019

Protest art is in the spotlight, both on streets across the globe and in a new book surveying a 100-year history. ...

Read More...
EDWARD HOPPER, CAPE COD MORNING, 1950.  Oil on canvas, 86.7 x 102.3 cm.  Smithsonian American Art Museum, Gift of the Sara Roby Foundation © Heirs of Josephine Hopper / 2019, ProLitteris, Zurich Photo: Smithsonian American Art Museum, Gene Young

'Step Inside' Edward Hopper Artworks With 2 Kinds of 3-D Experiences in Museum Shows

  • ArtfixDaily / December 1st, 2019

Edward Hopper's seemingly stark and angst-y paintings of 20th-century America are hitting chords with audiences ...

Read More...

Related Press Releases

ARTFIXdaily Artwire