Dia Foundation to Sell Chamberlain, Newman, Twombly

New York's Dia Art Foundation will sell works from its collection by John Chamberlain, Alfred Jensen, Barnett Newman and Cy Twombly at Sotheby's New York this fall. The auction house's Nov. 13 and 14 contemporary art sales will include 27 examples, anticipated to bring in excess of $20 million. The sale will allow the museum to start an acquisitions fund.

Dia Foundation to Sell Chamberlain, Newman, Twombly

So, Should Detroit Deaccession Its Animals and Old Cars, Too?

"Obviously with $15-17 billion in long term debt and no way to pay it off, Detroiters are delusional if they don’t think they are going to face painful sacrifices. This is the day of reckoning for a region that has failed in its basic duties." 

Ouch. Urban analyst, Aaron Renn, has more here.

So, Should Detroit Deaccession Its Animals and Old Cars, Too?

Michigan State Senate Committee Approves Bill Protecting DIA Collection

A state Senate committee moved quickly today to approve a bill that would protect the art collections at the Detroit Institute of Arts specifically, and Michigan museums in general, from liquidation in the event of a municipal bankruptcy proceeding. The bill was introduced Thursday by Senate Majority Leader Randy Richardville, R-Monroe, and approved on a 5-0 vote today by the General Operations Committee.

Via the Detroit Free Press. 

Michigan State Senate Committee Approves Bill Protecting DIA Collection

College Art Association Speaks Out Against Possible Sale of DIA Collection

You can read the CAA's letter here.

College Art Association Speaks Out Against Possible Sale of DIA Collection