The New York Public Library (NYPL) has abandoned the Foster + Partners-designed renovation of its Stephen A. Schwarzman Building, it has been announced. The NYPL now intends to ‘take a look with fresh eyes and see if there is a way to improve the plans and to stay on budget’.
The original plans proposed by Foster + Partners suggested replacing the existing book stacks under the main reading room at the Stephen A. Schwarzman Building with a new lending library, to be paid for with $150m of funding from New York City and through the sale of the Mid-Manhattan Library and the Science, Industry and Business Library in the former B. Altman Building.
A statement from NYPL President Tony Marx indicates that the institution now plans to renovate the Mid-Manhattan Library at its current site. The full statement from Marx can be found here.