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Economic Development Corporation

Now with No Backer, the South Street Seaport Museum Struggles

by Clara Olshansky on June 26, 2013
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This week, the Museum of the City of New York announced they will pull out of their now 27-month (originally 18-month) project to put the South Street Seaport Museum back on its feet. Under the City Museum’s leadership, the Seaport Museum was finally emerging from its decades-long downswing, but that was before Superstorm Sandy hit in last October. Now, with $22 million worth of damage, the museum needs to find a financial backer or this historic Manhattan institution will fall into the hands of the New York attorney general.

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