Handyman Insurance, MoMA Will Raze Tod Williams Billie Tsien’s Folk Art Museum
Only 12 years after its completion, the New York building that Tod Williams Billie Tsien designed for the American Folk Art Museum is slated to be torn down, according to a story in the New York Times. In 2011, the institution sold the building to the neighboring Museum of Modern Art to abate life-threatening financial troubles, including $32 million in debt taken on to finance its construction. MoMA plans to demolish the building to make way for an expansion of its own facilities that includes an 82-story tower by Jean Nouvel.