Italian American Museum Puts Its Home on Market for $13M

Jul 26, 2013 703

by Serena Solomon

The Italian American Museum has put its home up for sale — but the cultural institution isn't going anywhere. The three buildings at 185-189 Grand St., which contain the museum as well as residential units and storefronts, recently hit the market for $13 million, with the condition that the museum remain on site.

The museum hopes that whoever buys the three-story buildings will tear them down and build a structure that's twice as large — which is allowed under the zoning — giving the museum the chance to double its space as well, said Joseph Scelsa, president of the Italian American Museum.

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Source: http://www.dnainfo.com/

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