The National Museum of American Jewish History in Philadelphia filed for bankruptcy protection Monday, seeking relief from debt brought by construction efforts.
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Phil Darivoff, chair of the museum's board, told The Philadelphia Inquirer the museum has been carrying millions of dollars in debt since it opened its 100,000-square-foot location at Independence Mall in 2010. The 150-million dollar terra cotta and glass facility replaced a small brick building about a block away.
The museum owes a little over 30 million dollars to bondholders and about 500,000 dollars to unsecured creditors, according to court documents.
"It is a weight on our shoulders that we have to get rid of," Darivoff said.
Museum officials said the bankruptcy proceedings won't affect museum operations or staffing.
