TABLE OF CONTENTS

news

the New Museum of Contemporary Art

At a time when long-established organizations such as the Guggenheim Museum and the Los Angeles County Museum of Art have been forced to shelve expansion plans in line with austere budgets, the New Museum of Contemporary Art has announced plans to construct a state-of-the-art $35 million facility at 235 Bowery, just a few blocks east of its current base at 583 Broadway.

The Bowery site, at present an eight-thousand-square-foot parking lot, is located between Stanton and Rivington Streets at the beginning of Prince Street. Plans call for a sixty-thousand-square-foot building, twice the size of the museum’s SoHo digs. Construction will be financed by the pending sale of the current site—the value of which has increased exponentially since the institution moved there in 1983—as well as via a $12 million capital campaign and a bond offering. The museum is also angling for post–9/11 government

Sign-in to keep reading

Artforum print subscribers have full access to this article. If you are a subscriber, sign in below.

Not registered for artforum.com? Register here.

SUBSCRIBE NOW at the special holiday rate of $45 a year—70% off the newsstand price. You’ll receive the print magazine plus full online access to this issue and our archive.*

Order the PRINT EDITION of the February 2003 issue for $17 or the ONLINE EDITION for $5.99.

* This rate applies to U.S. domestic subscriptions.