National Gallery acquires Corcoran masterworks

The crumbling Corcoran Gallery of Art has has recently transferred 6430 major works to the National Gallery of Art. The agreement between two of Washington D.C.’s major art institutions includes the transfer of pieces, as well as giving the NGA responsibility to liquidate the inventory it chooses not to absorb.  http://wapo.st/1zlMHwm

The Corcoran Gallery had faced increasing financial difficulty as its parent institution the Corcoran College of Art & Design also floundered in the sector-wide dry up following the recession. The Washington Post outlined an earlier attempt to remedy financial woes by relocating in 2012. http://wapo.st/1KkU76M

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: