NEW YORK (CBSNewYork/AP) – A stage curtain believed to be the biggest Pablo Picasso painting in the United States is moving to a New York museum after a dispute over whether it could stay in its longtime spot in the storied Four Seasons restaurant.

The head of the nonprofit group that owns the 1919 work said Thursday it is being donated to the New York Historical Society.

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“Well, it is a prominent museum and its mission is to explore the social and cultural history of the city,” said President of the New York Landmarks Conservancy Peg Breen.

The 19-foot-by-20-foot curtain, called “Le Tricorne,” has been at the Four Seasons since 1959. The restaurant’s landlord recently said the curtain had to be moved for repairs to the wall behind it.

The painting’s owner, the Landmarks Conservancy, sued the landlord, seeking to stop the move. The new agreement resolves the lawsuit.

Breen, told WCBS 880’s Peter Haskell the curtain is public art with cultural and historical significance.

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“Many people view it as New York’s Picasso,” she said. “So it is a rare piece of Picasso and it is the largest Picasso artwork in America.”

“Le Tricorne” will be the only Picasso at the museum.

Landlord RFR Holding Corp. declined to comment on the agreement. The New York Times first reported it.

(credit: Tony Aiello/CBS 2)

(credit: Tony Aiello/CBS 2)

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