The $75,000 prize goes to an artist who has made "a significant contribution in any medium and for whom the award would be transformative."

The Bogotá-based artist has created two large-scale installations for Dia in Chelsea.

To obtain the land, a nonprofit placed it under a restrictive covenant.

90% of the staff voted to unionize.

He also sat on the board of Dia Art Foundation for over a decade.

He joins the institution from Museo Tamayo in Mexico City and the SCAD Museum of Art.

Collaborating institutions include the Dia Art Foundation, the MFA Houston, the Met, SFMOMA, and other top art museums across the country.

He is currently associate curator of modern and contemporary art at the Art Institute of Chicago.

An installation titled 'Party/Afterparty' will take over the museum's basement for six months starting in March.

The foundation is rapidly expanding in New York.