Billionaire Builds $140M Museum for Art Collection

Billionaire and New York native Eli Broad is putting his impressive art collection on display. Through the years the $7.4B man has accumulated more than 2,000 pieces in one of the most enviable private art collections in the world, and now that he and his wife have entered their twilight years, the last thing he wants is for his precious pieces to end up in storage. So he's decided to build a $140M public museum to showcase his treasures. The Broad opens in Downtown LA next week. (And it's free!) [LLNY]

Continue reading this story with a free account

Log in or register
Related Topics: Eli Broad , The Broad
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Daniel Negari Buys Downtown LA Hotel For $34M

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Taconic Partners Sheds Another NYC Life Sciences Property

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Chapman Market Owners Get $29M Refinance: The Los Angeles Deal Sheet

Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse Fire