Magazzino, meaning "warehouse" in Italian, was inaugurated with an exhibition dedicated to Margherita Stein, founder of the historic Galleria Christian Stein in Torino and a key advocate and supporter of the artists associated with Arte Povera.
Set within several landscaped acres of the Hudson Valley Highlands, Magazzino's first building, designed by Miguel Quismondo, houses the Museum's collection and a Research Center. In September 2023, the Museum inaugurated its Robert Olnick Pavilion, designed by architects Alberto Campo Baeza and Miguel Quismondo. This new building provides additional Exhibition Galleries, an Education Center, a Spazio Aperto, The Store, and Café Silvia serving Italian cuisine by Italian Chef Luca Galli.