The Met Has Put Off Building A New Wing For Leonard Lauder's Cubism Collection - So Will He Still Donate The Paintings?

"Hanging over the Met's decision this year to postpone its new $600 million wing for Modern and contemporary art - as well as the museum's recent management turmoil - have been nagging questions: Is Mr. Lauder’s gift, valued at more than $1 billion four years ago, now at risk? If the Met takes too long to resurrect the project or ultimately scales it back, might Mr. Lauder take his collection elsewhere?" Lauder says definitely not, but the donation contract does have a completion date.

Article source here:Arts Journal