Monday, July 8, 2013

NYC takes control of South Street Seaport Museum

NEW YORK (AP) ? New York City has taken control of the South Street Seaport Museum.

It continues to struggle with an estimated $22 million in damage from Superstorm Sandy.

The Museum of the City of New York said last month it could no longer operate the waterfront museum.

The Wall Street Journal (http://on.wsj.com/1aROPjV ) says three Bloomberg administration officials now make up a skeleton board of trustees. Meanwhile, the city is scrambling to find a new institutional partner.

The museum's waterfront director has been appointed as its interim president.

The museum is housed in a commercial building on Fulton Street that served the seaport starting in 1811. It also maintains a fleet of historic vessels.

Source: http://news.yahoo.com/nyc-takes-control-south-street-seaport-museum-121715416.html

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