Volkswagen AG and the Museum of Modern Art announced a two-year, multimillion-dollar sponsorship in New York today.
Standard & Poor’s raised its long-term rating for the Museum of Modern Art in New York as it benefited from the fundraising of its trustees.
The Museum of Modern Art agreed to buy the midtown Manhattan headquarters of the American Folk Art Museum , which is in default on the $31.9 million it borrowed to construct the building a decade ago.
Pontiac Land Group, owner of the Singapore Ritz-Carlton, is helping revive plans for a 72-story residential tower adjacent to the Museum of Modern Art in midtown Manhattan.
Henry Kravis, the king of rough-and- tumble leveraged buyouts, picked up a phone at his home in Palm Beach, Florida, and called the chief executive officer of one of Spain’s biggest producers of building materials.
Laurel Gitlen opened her art gallery of the same name on Manhattan’s Lower East Side in September 2008.
Bloomberg Best: From Our Bureaus Worldwide – June 23 (Audio)