"This historic structure will be transformed into a dynamic seven-story magical castle on the park for all our City's children, as CMOM invests in setting every child up to thrive," Chief Executive Officer and Museum Director, Dava Schub, said in a statement.
"This state-of-the-art new home will mark a new chapter for the museum and give them the capacity to engage more young people from across the city with the incredible benefits of the arts," said NYC Cultural Affairs Commissioner Laurie Cumbo.
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