Sotheby's Buys Whitney Museum's Breuer Building for $100 Million
Sotheby's has purchased the Whitney Museum of American Art's landmark building, the 1966 Brutalist building designed by Marcel Breuer, for about $100 million. Sotheby's will move its headquarters there from York Avenue in 2025, making it their flagship location. The Whitney Museum had leased the building to the Metropolitan Museum of Art and the Frick after moving to the Meatpacking District. The Breuer building will provide Sotheby's with an opportunity to move closer to the Upper East Side art world and improve on its York Avenue location.