Art News. Vasari Codex

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.

newspaper ARTnews Also: Artforum, The Art Newspaper open_in_new Read original

article news schedule May 14, 2026 visibility 3 link 15 artists, 2 galleries

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.

newspaper The Metropolitan Museum of Art open_in_new Read original