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Gen Art is back! The fashion and arts organization, which declared bankruptcy last year, has been acquired by publishing company Sandow Media. Sandow has tapped two former Senior Vice Presidents, Elizabeth Shaffer and Jeffrey Abramson, to serve as the organization’s co-Presidents. It will return with its 16th Annual Gen Art Film Festival, which will take place in New York in June. Selections for the festival will be revealed in mid-May.