Metropolitan Museum of Art receives $125m gift

Image copyright Getty Images Image caption The David H. Koch Gallery of 20th-century modern and contemporary art will be located on the lower floor

The Metropolitan Museum of Art in New York has received a $125 million (around £100 million) gift from a businessman that will help it overhaul its main building.

The money will provide a much-needed boost to the Met’s coffers.

The building – which was completed in the early 20th century – was upgraded to handle the institution’s endowment of $3.2 billion (£2.5 billion).

The new David H. Koch Gallery of 20th-century modern and contemporary art is set to open in 2021.

It will sit on the lower floor of the museum’s main building, and incorporate two new galleries: one devoted to Chinese and Japanese painting and another devoted to abstract and figural work from around the world.

The museum is owned by the city of New York, and the money will come from the New York City Industrial Development Agency.

In a written statement, museum director Daniel Weiss said: “The Koch gift and the renovation are meant to both enrich the museum for the people who come here every day, while enhancing the site for scholars, students, and the public.”

Image copyright Google Image caption Visitors will be able to experience the new David H. Koch Gallery of 20th-century modern and contemporary art

In its current location, the David H Koch Gallery includes a showcase of Renaissance and 17th-century paintings.

While the museum has a library, visitors to the gallery need to make a reservation to see the collection, or negotiate the long line.

“For so many years, the Koch Gallery of 20th-century modern and contemporary art has been the victim of poor facilities and challenges in getting into that space,” chairman Thomas P Koch said.

“As a New Yorker who is really passionate about American art, I thought it was important to do something that’s going to really enhance the museum.”

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