Around Brooklyn: Brooklyn Museum to sell 12 works
Brooklyn Museum to sell 12 works
Facing financial pressure as a result of the coronavirus pandemic, the Brooklyn Museum plans to sell 12 works from its permanent collection via auction at Christie’s. The auction house confirmed that the total pre-sale estimated value of the 12 works is between $2.3 million and $3.5 million. Brooklyn Museum Director Anne Pasternak told the New York Times that the museum’s goal is to establish a $40 million fund that generates $2 million every year to pay for the management of its collection.
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