The Museum of Modern Art in New York has acquired Richard Serra’s Equal (2015), a sculpture made of eight blocks of steel that is currently on view at David Zwirner’s West 20th Street location in Chelsea. Displayed in four pairs, with one block precariously placed on top of the other, the steel cubes weigh 40 tons each. The asking price for the work was $20 million, though the gallery and museum are staying quiet on the figure that was paid.
The acquisition was announced last week at MoMA’s Party in the Garden by the museum’s president, Marie-Josée Kravis, an event that was overshadowed by the protests taking place outside by MoMA workers.
The museum has had a long relationship with the Minimalist sculptor, who had a retrospective at the museum in 2007, and it owns a number of major works by him.
In other exciting Equal–related news, Philip Glass and the violinist Tim Fain will be performing inside the sculpture at David Zwirner on June 27. The charity concert benefits House with Heart, a nonprofit that provides homes for abandoned children. The concert is also a weird full-circle event for Glass, who was Serra’s assistant between 1971 and 1974.