Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls. Source: New York Times
Posts published in “Finances”
The Met Will Pay Museum Guards More Amid Covid-Related Shortages
By Gotham Rex on January 11, 2022
Beyond recent absences caused by a surge in cases, the museum has faced some difficulties hiring guards to replace those laid off earlier in the pandemic. Source: New York Times
Broadway Grosses Drop 26 Percent as Many Shows Cancel Performances
By Gotham Rex on December 21, 2021
The surge in coronavirus cases comes at a tough time for the theater industry, which traditionally relies on the holiday season box office. Source: New York Times
Cherry Lane Theater Is Back on the Market After Sale Falls Through
By Gotham Rex on November 10, 2021
It seemed as if the Lucille Lortel Theater Foundation’s purchase of the theater was a done deal in July. But now the property is back on the market. Source: New York Times
Art Houses Want Audiences Back. Can a MoviePass-Style Program Help?
By Gotham Rex on October 29, 2021
Mubi Go, which has debuted in New York, allows cinephiles to watch one movie per week at a theater — and also stream hundreds of handpicked films from home. Source: New York Times
A Blue-Chip Art Bonanza: Macklowe Collection Goes to Sotheby’s
By Gotham Rex on September 9, 2021
The trove, which is going on sale because of a court order, includes pieces by Cy Twombly, Gerhard Richter and Andy Warhol, and is valued at more than $600 million. Source: New York Times
Four Art Gallerists Create LGDR Consortium, Upending Traditional Model
By Gotham Rex on August 31, 2021
Dominique Lévy, Brett Gorvy, Amalia Dayan and Jeanne Greenberg Rohatyn will become LGDR, a one-stop shop for artists and collectors. Source: New York Times
New York Art Fairs Are Returning, Eyes Open and Fingers Crossed
By Gotham Rex on August 27, 2021
Major exhibitions like the Armory Show are coming back from a pandemic hiatus, but travel restrictions and the rise of the Delta variant are challenging their plans. Source: New York Times
Design Museum Hopes 11th Director’s the Charm
By Gotham Rex on July 27, 2021
Will turbulent times end at the Museum of Arts and Design, where a rapid turnover of executives and visions has thrown the institution into disarray? Source: New York Times
17 New York Arts Organizations Are Among Those Receiving $30 Million
By Gotham Rex on July 15, 2021
The Queens Museum, Harlem Stage and 44 other groups were chosen to receive aid from Bloomberg Philanthropies for digital innovation. Source: New York Times
9/11 Museum’s 20th-Anniversary Exhibitions Become Victims of Cuts
By Gotham Rex on July 12, 2021
At an important vantage point in history, there will be no special shows looking back at the 2001 attacks, and critics say the museum keeps too tight a rein on the story. Source: New York Times
The Oldest Museum in New York Is Expanding
By Gotham Rex on July 1, 2021
The New-York Historical Society is making way for the first L.G.B.T.Q. history and culture museum in the city. Source: New York Times
Control of New York’s Stages Remains in White Hands, a Study Finds
By Gotham Rex on June 18, 2021
The Asian American Performers Action Coalition is hoping for a season of change when theaters reopen. Source: New York Times
Harvey Fierstein Donates $2.5 Million for Public Library Theater Lab
By Gotham Rex on June 15, 2021
The gift from the writer and performer will help create an educational hub at the New York Public Library for the Performing Arts at Lincoln Center. Source: New York Times
Senior Trump Organization Official to Testify Before Grand Jury
By Gotham Rex on June 4, 2021
The Manhattan district attorney’s office subpoenaed Jeffrey McConney, a long-serving financial executive at the company. Source: New York Times