Lloyd's U.S. headquarters to move to MOMA office tower.Lloyd's of London is moving its New York City headquarters from a nondescript building on Fifth Avenue to a new office tower owned by the Museum of Modern Art modern art, art created from the 19th cent. to the mid-20th cent. by artists who veered away from the traditional concepts and techniques of painting, sculpture, and other fine arts that had been practiced since the Renaissance (see Renaissance art and architecture). Nearly every phase of modern art was initially greeted by the public with ridicule, but as the shock wore off, the various movements settled into history, influencing and inspiring new generations of, just five blocks to the north. The 5,000 square feet of new office space is on the 14th floor of the new office tower known as the Museum Office Building, located next to the Museum of Modern Art Museum of Modern Art (MoMA), New York City, established and incorporated in 1929. It is privately supported. Alfred H. Barr, Jr., was its first director. Operating at first in rented galleries, the museum specialized in loan shows of contemporary European and American art. A start toward its permanent collection was made with the Lillie P. Bliss bequest, which included nine Cézannes and the Daumier Washerwoman. at 24 W. 53rd St. in Manhattan. Lloyd's spokeswoman Diane Kolman said the New York staff of Lloyd's will make the move from their current location at 590 Fifth Ave. some time in May. The Museum of Modern Art itself occupies the base floors of the new building, according to CB Richard Ellis, a commercial real estate firm. "Lloyd's selected the Museum Office Building because of its excellent midtown location and prestigious image," CB Richard Ellis said in a statement. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion