In return, the newly renovated space will bear their name, the museum said.
New York, USA:
A Chinese-American couple have donated a record $125 million to New York’s Metropolitan Museum of Art to renovate a space that displays their modern and contemporary art collections, organizing this said on Tuesday.
The donation by Oscar Tang and his wife Agnes Hsu-Tang is the largest capital gift the Met – one of New York City’s biggest tourist attractions – has ever received in its 151-year history.
In return, the newly renovated space will bear their name, the museum said.
The funding will allow the museum to undertake a long-delayed project to “re-imagine” the 80,000 square feet (7,400 square meters) galleries and public spaces that house the art collection. modern and contemporary.
“The Modern Wing will include the complete renovation of modern and contemporary galleries, which The Met has sought to renovate for more than a decade,” the museum said.
“With this remarkable gift, Oscar and Agnes are enabling The Met to realize its ambitious mission for future generations,” said Daniel Weiss, president of the iconic museum adjacent to the Park. Center said.
Tang, an 83-year-old retired financier who has acted as a trustee to the museum for three decades, has sponsored previous exhibitions, acquired artwork, expanded room and other expenses over the years.
He also donated works of art, including 20 Chinese paintings from the 11th to 18th centuries and the 10th-century Song Dynasty masterpiece “Riverside,” the museum said.
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