Even with the auto industry’s dramatic upswing, the city of Detroit is still broke enough that it’d be out rattling a cup if it could find one big enough. Setting aside for now the long-term implications of such a protracted economic shortfall, in the near term Detroit needs some money, fast, and it hasn’t escaped members of the city’s brain trust that there’s a tremendous cash cow sitting right downtown on the walls of the Detroit Institute of Arts. Any rumor of a sale would likely cause gnashing and wailing from some of DIA’s biggest patrons, though, which means that if anything winds up happening, it’s not going to happen for a long time. Of course, right now this leaves Detroit – which, as we’ve said, needs money, please – still looking for a big enough cup. (FULL ARTICLE: Laura Berman, The Detroit News)
Art News
Detroit Institute of Arts Is Starting to Worry About Its Collection
February 13, 2012