New York’s Neue Galerie to Merge with Metropolitan Museum of Art in Major Expansion

The Neue Galerie, a private museum on New York's Upper East Side founded by collector Ronald S. Lauder, will merge with the Metropolitan Museum of Art in 2028. The institution will be renamed the Met Ronald S. Lauder Neue Galerie, or Met Neue for short. Lauder and his daughter Aerin Lauder Zinterhofer will contribute funds toward a $200 million endowment, along with 13 works from their collection, including a prized Gustav Klimt and paintings by German Expressionists. The Met plans to exhibit some holdings at its Fifth Avenue base, but Klimt's "Portrait of Adele Bloch-Bauer I" will remain at the townhouse.

The Art World This Week, 19 September 2025

Ocula's weekly briefing reports strong sales at viennacontemporary with 15,000 visitors and six-figure results for Galerie Zimmermann Kratochwill. Sotheby's announced $248 million in pre-tax losses for 2024 but achieved $100 million from the Karpidas collection sale and consigned the Pritzker and Lauder collections for November. Haegue Yang was appointed chair of the executive board at Kunst-Werke Berlin. Yemen's National Museum in Sanaa was damaged by Israeli airstrikes. Gallerist Sebastian Gladstone opened a new Los Angeles space, while L.A. Louver closed its Venice Beach gallery after 50 years. Taymour Grahne Projects opened in Dubai. Samia Halaby won the MUNCH Award, Jennifer Packer and Marie Watt received Heinz Family Foundation awards, and the Henry Moore Foundation distributed £100,000 to UK sculptors.

What the Met Gains from the Neue Galerie

Was das Met mit der Neuen Galerie gewinnt

The Neue Galerie, a private museum for German and Austrian art founded by billionaire collector Ronald S. Lauder, will be integrated into the Metropolitan Museum of Art (the Met) as an auxiliary branch under the new name "The Met Ronald S. Lauder Neue Galerie." The transition, announced by founding director Renée Price, is set to be completed by 2028, with the Met assuming full operational control after a planned renovation of the historic townhouse on Fifth Avenue. The merger follows years of Lauder's stewardship and ensures the long-term future of the collection, which includes masterpieces by Gustav Klimt, Egon Schiele, Wassily Kandinsky, and Max Beckmann.

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York Announce Plans for a Landmark Merger

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York have announced a landmark merger agreement, set to take effect in 2028. The merger will unite the Neue Galerie's collection of 20th-century Austrian and German art—including Gustav Klimt's *Portrait of Adele Bloch-Bauer I*—with The Met, while preserving the Neue Galerie's distinct museum experience. Ronald S. Lauder and his daughter Aerin Lauder Zinterhofer plan to donate 13 additional paintings from their personal collection, and several Met trustees have pledged significant endowment gifts to support the integration and long-term operations.

À New York, le Metropolitan Museum of Art absorbe la Neue Galerie et sa collection de Klimt, Schiele, Kokoschka…

On May 14, the Metropolitan Museum of Art and the Neue Galerie in New York announced a historic merger set for 2028. The Neue Galerie, founded in 2001 by billionaire Ronald Lauder in a Fifth Avenue mansion, will become part of the Met under the name The Met Ronald S. Lauder Neue Galerie, modeled after the Met's Cloisters. The transfer includes the historic building and a collection of 600 works valued at over $1.5 billion, featuring artists such as Gustav Klimt, Egon Schiele, Ludwig Kirchner, Max Beckmann, and Oskar Kokoschka. Lauder and his daughter Aerin Lauder Zinterhofer are also donating thirteen works from their personal collection, and a $200 million endowment fund has been established.

A New York il Metropolitan museum ingloba la Neue Galerie: ovvero la più importante collezione d’arte austriaca e tedesca fuori dall’Europa

The Metropolitan Museum of Art and the Neue Galerie in New York have announced a merger set for 2028. The Neue Galerie, founded by collector Ronald S. Lauder, will become The Met Ronald S. Lauder Neue Galerie, absorbing the most significant collection of early 20th-century Austrian and German art outside Europe, including Gustav Klimt's "Portrait of Adele Bloch-Bauer I." Lauder and his daughter Aerin Lauder Zinterhofer will donate thirteen major works from their private collection, and a fundraising campaign has been launched to support the integration.

The $236m Klimt, Cop 30 and the art world, Caravaggio’s Victorious Cupid—podcast

This podcast episode from The Art Newspaper covers three major art-world stories. Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-16) sold for the second-highest price ever at auction during Sotheby's New York sale of works from the late billionaire Leonard Lauder's collection, a "white-glove" auction that has sparked debate about a market recovery. Additionally, the episode discusses COP30-related art commissions appearing on posters across the UK and Brazil under the theme "It's Not Easy Being Green," alongside the Gallery Climate Coalition's new Stocktake Report on carbon emissions. The episode's Work of the Week is Caravaggio's "Victorious Cupid" (1601-02), which has traveled from Berlin's Gemäldegalerie to the Wallace Collection in London for an upcoming exhibition.

The Met Will Expand by Merging With the Nearby Neue Galerie

The Metropolitan Museum of Art will acquire the Neue Galerie's Fifth Avenue building and its collection of 20th-century Austrian and German art, starting in 2028. The collection was built by cosmetics magnate Ronald S. Lauder, who founded the Neue Galerie in 2001.