Monday, July 22, 2013

Who Will Benefit From Detroit's Demise? Lawyers.

Above the Law's Elie Mystal explains
Don’t worry, as usual there will be people making money in Detroit. It just won’t be the people who actually live there… 
So, there you have it. The Detroit Institute of Art's art collection may not end up paying for lights, police cars or pensions. It may, as sick as this may sound, end up lining the pockets of some firms that represent some of the corporations that helped to cause Detroit's mess. Who said Biglaw was dead?
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Sunday, July 21, 2013

To Save Detroit, What Goes First, Pensions or Art?

I just read this article on The Telegraph concerning Detroit's bankruptcy issue and politics. One thing it makes clear is that capital "P" politics is now in play. Should Detroit get a federal bailout? It was a matter of time before the dreaded "B" word was lobbed around.

Before I opine, my immediate reaction would be "hell no." The last thing we need in this country is to incentivize irresponsible spending by municipalities all while guaranteeing that although local residents of a bankrupt city may not have streetlights, ambulances, and police cars they'll have pensions and access to Jackson Pollock's drip paintings.

One aspect I have been thinking about regarding Detroit's bankruptcy (regardless of how we spin it, let's call it what it is, it's a bankruptcy), is that it does call for us to reconfigure and redefine our notion of culture and, in relation to it, our definition of "value." What kind of culture do we value in this day and age? Does a contemporary city really need a museum and art collection that pretty much reiterates and replicates what other major museums in the U.S. already do? Does Detroit's mess not call for us to rethink what a city actually needs after the 2008 economic apocalypse? Are there not other forms of culture that a city like Detroit could use and, more importantly, may already have? If so, could these forms of culture not be funded--or partially funded--with a sale of the DIA collection?

Tied to this question is the thought of subsidies funding. I'm wondering how much of the revenue earned by local Detroit sports teams--the Tigers, Red Wings, and Pistons--actually goes to the city of Detroit (and I'm not talking simply about employment of locals). If anyone knows, please feel free to opine or e-mail me.

More on this as I parcel out my thoughts.

In case you haven't read it yet, here's NY Times journalist Randy Kennedy's thoughts on Detroit.
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Friday, July 19, 2013

Detroit, Resilience or Resignation?

Detroit, the one-time city giant, has filed for bankruptcy. As many of you know, the Detroit Institute of Art was reluctant, actually, aggressively adamant that they would not hold a fire sale to help Detroit out of its financial woes. They still hold this position.

Having just returned from a short stint in Detroit, I can honestly say that there are no words to describe the landscape of the city and of the people. Resilience or resignation? That's the question a friend of mine asked regarding the people of Detroit. I think it's both (or at least it's hard to tell). It's similar to being a Chicago Cubs fan on the one hand or being a sports writer and being assigned to cover the NY Mets. Resilience or resignation?

I loved my stay in Detroit, and I loved the people I met while I was there. I was given a "tour" of homes that were purchased for $100 and $500; both needing repairs but nonetheless, what does $500 get you in New York city, or any other city in the US? These homes were next to abandoned and empty lots; adjacent to armatures of homes charred to a crisp.

Detroit is decimated. As I drove around the city I could not help but feel that I was in the TV show, The Walking Dead. The city looked empty; abandoned. Streets need repair. I noticed one, yes, one police car the three days I was there (and that police car was in front of Comerica Park the night that the Detroit Tigers played the Texas Rangers).

A current question on the minds of artists, curators, and museums concerns the role that art and public museums play in relation to the public. Relating to the public generally means providing a wide array of culture and making it affordable and accessible. There comes a time, however, when an institution must reassess--on its own--its own duty to the city that it inhabits. It calls for us to reassess our notion of art and of culture. Where are our artists in this time of need?
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Sunday, July 14, 2013

Criticism Over Dia Foundation’s Plan to Sell Some Artworks

Not everyone is happy that the Dia Foundation is planning on selling a few notable works to raise funds for...more works. Now imagine if they were selling these works to pay the electric bill, or to fund the new Jay-Z video.

UPDATE: July 15, 2013

Donn Zaretsky wonders what would happen if the sales proceeds were used for something other than new art acquisitions.
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Wednesday, July 10, 2013

Not Even Art Can Save This City

Regarding the NY Times' latest article on the demise of the Motor City and the controversy over the potential fire sale of some art from the Detroit Institute of Art, Donn Zaretsky puts it quite bluntly, "sales of artwork won't make a lick of difference. The city's too far gone."

But hey, they do have the best hitter in baseball.
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Friday, June 28, 2013

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.



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Friday, June 14, 2013

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.
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