In what the Washington City Paper described as "a death that has been predicted year after year since at least the late 1960s," it was recently announced that the Corcoran Gallery of Art and College of Art and Design was folding after years of financial issues. Established by Riggs Bank co-founder William Wilson Corcoran, the Corcoran was one of the first fine art galleries in the U.S., as well as D.C.'s largest private museum. Though both the Corcoran and its College of Art and Design will be absorbed by the National Gallery of Art and George Washington University, this slow, demoralizing death will leave a gaping hole in D.C.'s art scene. It hurts when history dies.