In a statement posted to their website late yesterday, the Detroit Institute of Arts (DIA) has affirmed its support of its host city’s Chapter 9 bankruptcy proceeding.
Detroit Institute of Arts
Posted inArt
For Chicago, Detroit Isn’t a Distant Reality
CHICAGO — Much like the city of Detroit’s epic economic saga, this story took me on a wild goose chase. I’m an art journalist reporting on Detroit from Chicago — or, if you would prefer, the Motor City from the Windy City — and that seems odd. The media craze around Detroit just won’t quit, and Chicago is increasingly finding itself implicated in it all. Perhaps the artists are to blame.
Posted inNews
Detroit Emergency Manager Was the One Who Called Christie’s
The Detroit News has reported that it was Emergency Manager Kevin Orr who brought in Christie’s to appraise the Detroit Institute of Arts (DIA) collection. Orr, who in turn claimed that he is acting on behalf of creditors, has come under fire in recent weeks for his seemingly cavalier treatment of the DIA collection as the city forges into the grueling bankruptcy process.
Posted inArt
Where Is the Money? Detroit, Stadium Bonds, and Municipal Funding For Culture
When Michigan governor Rick Snyder recently affirmed that Detroit’s $650 million hockey stadium, to be financed with a mix of $450 million in state bonds and private moneys, won’t be derailed by the city’s economic woes, the stark contrast with the fate of the city’s beleaguered art museum could not have been more apparent.
Posted inOpinion
Stephen Colbert Chimes in About Detroit Museum Sell-Off Fears
The Colbert Report tackles the bankruptcy of Detroit, and the irony that Detroit could possibly sell off Diego Rivera’s “Detroit Industry” mural, which depicts a socialist worker’s utopia.
Posted inOpinion
New Yorker Art Critic Justifies Looting of Detroit Museum
Would New Yorker art critic Peter Schjeldahl suggest that Greece sell the Parthenon to pay its crippling national debt?
Posted inNews
Should We Be Worried? Christie’s Called Detroit Museum About Its $2bn Collection
News has emerged that representatives of Christie’s auction house called the Detroit Institute of Arts last month, asking for an inventory of artworks and “if appraisers could visit to assess the collection,” the New York Times reports.
Posted inNews
Michigan Attorney General Says Detroit Art Collection Can’t Be Sold
The battle over the future of the Detroit Institute of Arts’ collection is still only a theoretical one, but that hasn’t stopped high-profile people throughout the state from taking sides. The latest entrant into the fray is Michigan Attorney General Bill Schuette, who says the art cannot be sold to help cover the costs of Detroit’s bankruptcy.
Posted inOpinion
Michigan Gov Calls Detroit Museum’s Collection an “Asset”
Earlier this week there was a brief spark of hope that the Michigan Legislature would swiftly pass a bill to try and prevent the sale of the Detroit Institue of Arts’ (DIA) collection. That spark has been put out, at least for now, by both the State House of Representatives and Governor Rick Snyder.
Posted inOpinion
A Plea for Detroit [UPDATED]
On May 24 the news broke that Detroit’s emergency manager, Kevyn Orr, was considering whether the city could or should sell off the art collection of the Detroit Institute of Arts (DIA) to help pay back its debts. The reactions pretty much range from “this is a bad idea” to “this is a terrible idea.”
Posted inNews
Detroit’s Bankruptcy Raises Liquidation Worries for Priceless Museum Collection
With Detroit on the brink of declaring bankruptcy, all avenues to rescue the city from insolvency are being put on the table. One of these is the multi-billion dollar art collection held by the Detroit Institute of Arts Museum (DIA), a possibility which could be pushed for in a bankruptcy situation to cover some of the city’s billions in debt.
Posted inNews
If You Tax Them, They Will Come (to the Museum)
A week ago, voters in Michigan’s Wayne, Oakland and Macomb counties passed a millage to help save the Detroit Institute of Arts from a dire financial situation. And then, I guess to celebrate, they all went to the museum.
