Sotheby's buys modernist Breuer building from Whitney Museum, will move NYC galleries there
The auction house Sotheby’s will buy the modernist Marcel Breuer-designed building that housed New York’s Whitney Museum of American Art for nearly 50 years
NEW YORK (AP) — The auction house Sotheby's will buy the modernist Marcel Breuer-designed building that housed New York's Whitney Museum of American Art for nearly 50 years, Sotheby's announced Thursday.
Sotheby's will start moving its New York sale room and galleries to the Breuer building on Madison Avenue in 2024 and will open to the public the following year, the auction house announced.
“We are honored to acquire and write the next chapter of such an iconic and well-known New York architectural landmark," Sotheby's Chief Executive Officer Charles F. Stewart said in a statement.
The cantilevered Madison Avenue building designed by the Hungarian-born Breuer opened in 1966 as the third home of the Whitney, which had been founded in 1930 to showcase American art. The five-story granite and concrete structure is considered an important example of the architectural style known as brutalism.