Bad economies are usually boons for museums, so long as you’re not in Jersey City. Jersey Journal reported Saturday that the Jersey City museum would likely not reopen to the public. Its holdings, a victim of foreclosure, would likely revert to bank ownership, according to museum chairman Ben Dineen.
The Museum suffered many blows — poor management and a giant debt incurred when the museum renovated a donated building amongst them — but it was a complete lack of city funding that proved the final nail in the coffin. In 2009 the museum received $650,000 from the city, and in 2010, $500,000. This year they received nothing.