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The Andy Warhol Museum has dropped plans to build a 10,000-square-foot branch in New York City.

Eric Shiner, director of The Warhol, said in a statement Friday night that “The Andy Warhol Museum, which had been exploring its participation in the Essex Crossing development in lower Manhattan, has determined that it will not proceed with the project. Despite the efforts of both the museum and the developers, an internal study of business and other operational considerations led the museum to this decision.

“The Warhol will continue to participate in programs, exhibitions, and special projects in New York City through its longstanding collaborations with a variety of New York-based arts organizations.”

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 A new partnership between the Museum of Modern Art (MoMA) in New York and The Warhol in Pittsburgh will help preserve Andy Warhol’s entire film collection. Approximately 500 of the Pop artist’s films, which have resided in MoMA’s collection since the early 1990s, will be digitized. The award-winning visual effects company MPC will assist in the frame-by-frame scanning of over 1,000 rolls of 16mm film and the subsequent conversion to high resolution images. The project, which begins this month, is expected to take several years to complete.

While a few Warhol films such as “Empire” (1964) and “The Chelsea Girls” (1966) are icons of avant-garde cinema, many of the works in MoMA’s collection have never been seen by the public.

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To commemorate its 20th anniversary, The Andy Warhol Museum in Pittsburgh, Pennsylvania, has reinstalled its permanent collection. This is the first time the institution has reimagined its holdings since it opened to the public in 1994. The Warhol’s collection, which includes paintings, photographs, sculptures, prints, and films by the Pop artist, has been hung chronologically across five of the museum’s seven floors. Well-known masterpieces will appear alongside rarely seen artworks and archival material when the galleries open to the public during a gala event on May 17.   

Eric Shiner, director of The Warhol, said, “We can’t wait to share the new look and feel of The Warhol with our visitors. Our goal is to both engage and educate our guests so that everyone leaves with a true understanding of who Andy was and why he matters so much. To keep the content fresh, the curatorial team will rotate artworks in all galleries on a frequent basis. It will be a fun experience and definitely worth a visit if you haven’t been to the museum in a while.”

The museum’s seventh floor will present artworks and objects that explore Warhol’s relationship with his hometown of Pittsburgh. Works on view include newly uncovered material relating to Warhol’s childhood and pieces from his family’s collection of rare paintings and photographs.

The gala in May will kick-off a year-long celebration at the museum, which is the most comprehensive single-artist museum in the world.

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While no formal announcement has been made, the Pittsburgh-based Andy Warhol Museum released a statement in an email revealing that the “The Warhol” was a possibility. Museum officials said, “Along with the other collaborators of this potential gallery space/annex in the Essex Crossing development, we are excited about the possibilities and opportunities it could bring for us and to Manhattan’s Lower East Side.” The collaborative gallery would feature Warhol’s work and would be part of the Seward Park Urban Renewal Area, a large development aimed at transforming downtown Manhattan.

The pop artist, who was born in Pittsburgh, moved to New York City in 1949 at the age of 21. His studio, which was known as “The Factory” became a hub for New York’s underground artists, writers and musicians.

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