Wildenstein & Company Building

The Wildenstein & Company Building is a Manhattan, New York edifice which stands at 19 East 64th Street, near Madison Avenue. It is five stories tall and was completed in early 1932. The building was designed in French 18th century style by Philadelphia, Pennsylvania architect Horace Trumbauer.[1] Its facade is made of limestone. It replaced a townhouse built for Seth Low at the end of the nineteenth-century.[2]

The Wildenstein art firm was located in the former Vanderbilt house at 647 Fifth Avenue (Manhattan), between 51st Street and 52nd Street, for several years prior to the structure's completion.[1] The Charles F. Noyes Company arranged a five year extension of a $545,000 mortgage at 5% in June 1932.[3]

Merger with Pace Gallery

In October 1993 Wildenstein & Company purchased 49% of the Pace Gallery. The deal combined a one hundred eighteen-year-old gallery which specialized in Old Master and Impressionist paintings with a thirty-two-year-old gallery which was renowned for its contemporary art and modern art. The Wildenstein gallery remained at the Wildenstein Building. Pace's SoHo branch at 142 Greene Street also became part of the combined business.[4] In April 2010, the combined gallery announced it was splitting, and Pace bought out Wildenstein's 49%.[5]

References

  1. ^ a b New Bank Offices On Madison Avenue, New York Times, March 6, 1932, pg. RE2.
  2. ^ Wreckers Demolish Old Seth Low Home, New York Times, November 6, 1932, pg. RE11.
  3. ^ Realty Financing, New York Times, June 3, 1932, pg. 38.
  4. ^ Two Top Manhattan Galleries Merge, New York Times, October 29, 1993, pg. C25.
  5. ^ Vogel, Carol (April 1, 2010). "Powerhouse Gallery Is Splitting Apart". The New York Times. http://www.nytimes.com/2010/04/02/arts/design/02vogel.html. Retrieved January 1, 2011.