New York Public Library Sells Its Washington (See PR Gripe #2)

On Nov. 20, I e-mailed the New York Public Library's incoming vice president for communications and marketing, Anthony Calnek (erstwhile of the Guggenheim), asking him to get me the answers to two questions:

What happened to the works that [the Library] consigned to Sotheby's but that failed to sell?

To what use have they actually put the proceeds of the art sales?

Yesterday, Anthony e-mailed me the answer to the second question. Today, Carol Vogel in the NY Times partially answered the first.

The resolution---the purchase by Michael and Judy Steinhardt of Gilbert Stuart's Munro-Lenox portrait of our first President, appears to be as good as could be hoped, since the Steinhardts have indicated that they may either lend it or give it to an American museum.

I had asked Anthony for an update, because I felt remiss in not following up on my big NYPL story that appeared more than a year ago in the Wall Street Journal: A Betrayal of Trust: At the New York Public Library, It's Sell Now, Raise Money Later. Here's a previously untold part of that story: It was only by initiating and pursuing a formal freedom-of-information request for documents filed by Library with the New York Attorney General's office that I finally got access to sensitive documents about these sales. Both the Library and the AG had initially argued that this material was "confidential."

But it's a new day, with a new PR person who declares that he has a "policy of transparency." Here's Anthony's reply to my question about the use of the proceeds:

All proceeds from the art sales (almost $53 million in total) have been placed in an endowment strictly for the purpose of acquisitions for the Research Libraries. Although the Library isn't bound by the standards of the AAMD in the use of the deaccessioning proceeds, it has nonetheless adopted them.

The endowment has already allowed us to increase our annual acquisitions budget by a whopping $2.8 million. This will continue in perpetuity.

2007 is the first year in which the acquisitions budget will be up substantially, after several years of flat or declining spending.

The fund has already been put to great use, allowing us to purchase two significant archives (William Burroughs and Meredith Monk), with another major archive acquisition to be finalized and announced in January.

In case you were wondering, Gripe #2 on my infamous list of 10 Things I Don't Like About Art-PR People is, "The NY Times Gets It First, Other Reporters Second." Anthony says that he had lost all his e-mails en route between the two institutions, and had forgotten about my first question. Whatever. I'm resigned to the fact that I shall always be chopped liver to Carol's paté.

By the way, Carol, in your first paragraph, you need to change the date of the NYPL sale at Sotheby's (or at least do so in the online version): It took place in November 2005, not November 2004.

January 5, 2007 12:22 PM | | Comments (0) |

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CULTUREGRRL , aka Lee Rosenbaum, is your inside guide to the artworld, consulted daily by the most important museum directors and curators, art dealers and auctioneers, collectors, scholars, critics, journalists and art lovers.
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LEE ROSENBAUM
I'm a veteran cultural journalist who writes frequently for the Wall Street Journal's "Leisure & Arts" page. I've been a regular cultural contributor on New York Public Radio (WNYC). I've appeared as an art-market commentator on BBC-TV and have published numerous Op-Ed pieces in the New York Times and Los Angeles Times. I am author of The Complete Guide to Collecting Art (Knopf) and have lectured on cultural property issues at the New Acropolis Museum and the University of Pennsylvania, on deaccessioning at Columbia Law School, the University of Iowa and the annual conference of the Museum Association of New York, and on museum governance and cultural property issues at Seton Hall University. more

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MY BOOK
The Complete Guide to Collecting Art (Knopf)

IN THE MAINSTREAM MEDIA
NY TIMES OP-EDS:
For Sale: Our Permanent Collection(museum deaccessions)
Fashion Victim (Chanel at the Met)
Destroying the Museum to Save It (Barnes Foundation)
Reassembling Sundered Antiquities (Parthenon marbles)

WALL STREET JOURNAL:
Michael Conforti Profile
Making Sales Look Stronger
Lee Krasner's "Little Image "Paintings
Ando-Designed Stone Hill Center for Conservation and Clark Exhibitions
Los Angeles' New Broad Museum of Contemporary Art
Philadelphia's New Perelman Building
The Walton Effect: Art World Is Roiled by Wal-Mart Heiress

Tricks of the Auction Trade

The Seattle Art Museum: A Work in Progress

Upside Down and Backward, Yet Tame (Boston ICA)
Edith Wharton's Library Is Now an Open Book
Extreme Makeover: Smithsonian Edition (American Art and Portrait Gallery renovation)
This Museum's Expansion is Simply Effective (Minneapolis Institute)
Truth in Booty: Coming--and Staying--Clean (antiquities controversies)
A Betrayal of Trust (NY Public Library's art sales)
The Lost Museum (MoMA's art sales)
Endangered Species (single-collector jewel-box museums)
Money in Motion (the Guggenheim's finances)
The Fine Art of Genocide? (appraisals of Hitler's art)

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Make Art Loans, Not War
Museums Can't Compete (public collecting endangered)

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Her Art Came First: Anne d'Harnoncourt's Labor of Love

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Refreshing the Smithsonian (the renovated SAAM and NPG)
The Atrium That Ate the Morgan (Renzo Piano's addition)
Hot Pots and Potshots (controversies over museum antiquities)
Musings on Museums (book review of "Whose Muse?")

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Whitney Museum's Expansion
Fake Coptic Art at Brooklyn Museum
Spring '08 Art Auctions
Should Veterans or Newcomers Lead Arts Organizations?
Murakami at Brooklyn Museum
Whitney Biennial
Guggenheim Director Steps Down
Philippe de Montebello's Retirement
Fall '07 Art Auctions
Metropolitan Museum's "Age of Rembrandt" Show
Commentary on the Art Market
Tour of Sculpture Gardens, with Slideshow
Audio Commentary on the Met's New Greek and Roman Galleries
Glenn Lowry's Unorthodox Compensation Package
Commentary on Fall '07 Art Market

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Philadelphia Museum's "Gross Clinic" Deaccessions
Museums' Purchase and Sale of Eakins' Works (about one-third of the way into the program)
Pennsylvania Academy of the Fine Arts' sale of Eakins' "The Cello Player"

BBC-TV:
Impressionist/Modern Auction at Sotheby's

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