NYT Article regarding restitution for Klimt painting to Jewish heirs

NYT Article regarding restitution for Klimt painting to Jewish heirs

Our followers may find this article of interest. Note that we do have a banner from the Neue Gallery featuring Gustav Klimt, “The Black Feather Hat,” 1910.

Ronald S. Lauder Reaches Agreement on Klimt Painting With Jewish Heirs

Mr. Lauder agreed to the restitution and repurchase of the painting from the relatives of an art collector who fled Europe in 1943 to avoid Nazi persecution.

Ronald S. Lauder, the billionaire cosmetics heir and art collector, will continue to own a well-known painting by Gustav Klimt, which he has held for 50 years, after agreeing to the restitution and repurchase of the work from the heirs of a Jewish woman who had owned it before World War II.

Read more at nytimes.com.

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