Massive donation requires Whitney to stay in landmark building
(NEWSER) - New York's Whitney Museum announced yesterday that its chairman, the cosmetics executive Leonard Lauder, would donate $131 million to boost the institution's endowment. The gift is a transformational sum for the museum, which is devoted to American modern art, and one of the largest donations ever made to a museum endowment. But Lauder's gift has a catch, writes the New York Times: he's requiring the museum to halt plans to move out of its famous building on Madison Avenue. More»
