The Museum of Modern Art will raze the celebrated building bought from the American Folk Art Museum in 2011.

Built on West 53rd St. in Manhattan in 2001, the American Folk Art Museum's former home was designed by Tod Williams and Billie Tsien and once deemed "a Midtown icon" by the New York Times. It was a symbol of hope and patriotism after the 9/11 attacks. When the museum fell on hard times, it sold the building to the adjacent MoMA.

Now MoMA plans to demolish the building to make room for an expansion which will connect to an 82-story tower.

MoMA says the solid look of the folk museum building does not fit with their transparent aesthetic and the floors wouldn't match up between the two buildings.

“It’s very rare that a building that recent comes down, especially a building that was such a major design and that got so much publicity when it opened for its design — mostly very positive,” said Andrew S. Dolkart, the director of Columbia University’s historic preservation program to the Times.

The folk museum was forced to sell the building to pay back a $32 million loan to build the museum. When the funds were not raised, MoMA stepped up to buy their building and the folk museum moved to smaller quarters in Lincoln Square.