A museum’s worth of masterworks from the Microsoft co-founder’s collection are offered in a two-part charity sale. Five topped $100 million. Source: New York Times
Posts published in “Finances”
Museums Vote to Allow the Sale of Art to Care for Collections
A policy of the Association of Art Museum Directors has been loosened to allow the limited use of funds from selling art to pay costs of preserving works. Source: New York Times
John Train, Paris Review Co-Founder and Cold War Operative, Dies at 94
His career, ranging from literature to finance to war, and from France to Afghanistan, seemed to cover every interest and issue of his exalted social class. Source: New York Times
Live Performance Is Back. But Audiences Have Been Slow to Return.
Attendance lagged in the comeback season, as the challenges posed by the coronavirus persisted. Presenters hope it was just a blip. Source: New York Times
Lawrence D. Ackman, a Cityscape’s Financier, Dies at 83
A behind-the-scenes power in New York, he helped the city’s leading developers fulfill their skyscraping ambitions. Source: New York Times
Facing Higher Grocery Prices, Shoppers Change Habits
They’re store-hopping, cutting back on expensive items and using more coupons. Plying the meat counter staff with homemade banana bread for favors is not out of the question. Source: New York Times
‘For Colored Girls’ to Close on Broadway, Reflecting Tough Season
The revival, directed by Camille A. Brown, received strong reviews but struggled to attract audiences and overcome challenges posed by Covid. Source: New York Times
New York Lets ‘Fearless Girl’ Hold Her Ground, for Now
Officials voted to extend the sculpture’s permit but are requiring stakeholders to return in six months with plans for a permanent location. Source: New York Times
‘Music Man’ Sets Box Office Record for a Reopened Broadway
The Hugh Jackman-led revival has 76 trombones, 110 cornets, and took in $3.5 million in ticket sales last week, more than any show since the pandemic began. Source: New York Times
Juilliard’s President Is Challenged but Retains Support of Board
The school’s chairman and biggest benefactor, Bruce Kovner, had wanted its president, Damian Woetzel, to leave after a negative evaluation. He marshaled support and stayed. Source: New York Times
It’s Gold, Baby. But Niclas Castello’s Cube Is Nothing New in Art.
The artist’s solid gold cube, which appeared for one day in Central Park, was Instagram bait, an NFT promotion and even kind of pretty. Source: New York Times
Martin McDonagh’s ‘Hangmen’ Will Open on Broadway This Spring
The production, which was canceled at the start of the pandemic, will try again, this time starring Alfie Allen of “Game of Thrones” fame. Source: New York Times
Private Data Shows Broadway’s Hits and Misses After Reopening
Big shows did well when they returned in the fall after the long pandemic shutdown but new plays struggled, previously undisclosed industry data shows. Source: New York Times
Broadway Grosses Fall, but Average Attendance Rises, as Shows Close
Theaters were a bit more crowded, but there were fewer shows running as several closed amid the spread of the Omicron variant. Source: New York Times
Hochul Amassed a Campaign Fortune. Here's Who it Came From.
Gov. Kathy Hochul’s record-setting $21.6 million in donations flowed from a who’s who of New York’s special interests. Source: New York Times