"Rubin Museum Transitions to Global Model, Closing New York Space After 20 Years"
After 20 years, the Rubin Museum of Art in New York will close its physical space and transition into a spaceless institution focusing on long-term loans, research facilitation, and support for Himalayan art projects. The closure is not solely due to pandemic-related challenges, and the museum plans to lay off around 40% of its staff. The museum has faced calls for repatriation of some artifacts and has voluntarily returned stolen items to Nepal. Despite the closure, the museum aims to redefine its operations and continue circulating its collection through long-term loans.