June 2, 2023
The Whitney Museum of Art has sold the Upper East Side's iconic Breuer Building to the auction house Sotheby's. Designed by renowned architect Marcel Breuer in 1966, the five-story building at 945 Madison Avenue is known for its striking Brutalist architecture. While the exact price of the transaction remains unknown, sources close to the deal suggest it was around $100 million, according to the New York Times. Sotheby's will take over the building next September from the Frick Collection, which has operated there temporarily since 2021, and relocate its headquarters from York Avenue to the Breuer in 2025.
Details here