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Sunday, October 18th, 2009

New Whitney Museum Confirmed

The High Line at night (Image © Jeff Newman/TheArtCollectors)

The New York Times confirms that after three years of negotiation, the Whitney Museum has closed a deal with the New York City Economic Development Corporation to build a second museum near the Ganesvoort St. entrance to the new High Line park, located on a former elevated railway line in the Chelsea area of Manhattan. The museum recently singed a contract to buy the city owned site for $18 million, about one-half its actual value.

Posted by ATARMS | Filed in Market Talk, Museums, New Infos, New York City, Uncategorized

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