Detroit's Emergency Manager Says Art Assets Are 'On the Table'
Currently having them appraised
"I said at the beginning… look everything's on the table," Kevyn Orr said of the possibility of some of the museum's assets being sold to appease creditors.
Orr said that Christie's auction house will finish an appraisal of "tier one" art by the end of this month, and another of "tier two" pieces by the end of November.
"I have a fiduciary obligation to account for all the assets of the city of Detroit," he said. "The foremost amongst them might very well be the DIA."
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?