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THE REPORTER

The Art of Cutting Back

By Judd Tully

Published: March 1, 2009
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Courtesy National Academy Museum, New York
The National Academy says it had "no option but to sell" Sanford Robinson Gifford's "Mount Mansfield, Vermont" (1859), and another work it owned.


Photo by Maia Cowan
The grand façade of the Detroit Institute of Fine Arts. The museum was already "living with recessionlike conditions," before the current downturn.

March 2009 The Reporter
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"The Art of Cutting Back" originally appeared in the March 2009 issue of Art+Auction. For a complete list of articles from this issue available on ARTINFO, see Art+Auction's March 2009 Table of Contents.

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