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Mayor Mitch Landrieu and his allies say monuments to Confederate-era figures celebrate the "cult of the Lost Cause" and hold the city back.
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Since 1985, the state has celebrated the civil rights icon and Confederate general on the same day. Now, a newly signed law removes Lee from King's federal holiday, bumping him to October.
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"There may have been a time when that monument reflected who we were as a city, but times change. And so do we," Mayor Mitch Landrieu said when he announced the plan.
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The windows, which honor Gens. Robert E. Lee and Stonewall Jackson, will remain during a period of "public dialogue" on race and slavery. But the battle flags will be replaced with plain glass.