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Ambitions for Met Museum Lead to Stumbles

Feb 05, 2017 - The New York Times

The bad news had been building for months at the Metropolitan Museum of Art.

Even as crowds poured into shows on Hellenistic kingdoms and high-tech fashion, the Met's deficit was approaching $40 million and had forced the buyout or layoff of some 90 employees. An expansion into a satellite building cost millions of dollars more than expected. A new Met logo and marketing plan were rolled out at great expense -- and greeted with ridicule. Then, last month, a new $600 million wing was postp...