As of Tuesday this week, the 80-year-old institution that is the Whitney Museum of American Art in New York City, has voted towards the construction of a new downtown location in the meatpacking district to be completed by 2015. This sparking concern with what the Whitney Museum will do with it’s current location- a possible sharing of space is in the works.

“There is no better time to build than now, with construction costs and interest rates at an all-time low. There is a new generation of people who have come on the board who are not rooted to the past,” Mr. Lauder, The Whitney’s Chairman, said. “It would be unfair for someone like me who grew up near the Whitney to believe it should stay there.”

Source NYTimes