Tag

Diego Rivera Mural

All articles tagged with #diego rivera mural

art-and-design1 year ago•2 min saved

"San Francisco Art Institute Acquired by Nonprofit Backed by Wealthy Donors"

The bankrupt San Francisco Art Institute, home to a valuable Diego Rivera mural, has been sold to a nonprofit organization led by philanthropist Laurene Powell Jobs for about $30 million. The sale includes the iconic 1931 mural, valued at $50 million, which will remain in a viewing room. The former campus will be repurposed to house an unaccredited institution with a residency program for artists, aiming to support and create a community center around art. The purchase is seen as a positive development for San Francisco's arts and culture scene, providing hope for the city's recovery.

via The New York Times|

#art-and-design #bankruptcy #diego-rivera-mural

art-and-design1 year ago•2 min saved

"Billionaire-Backed Nonprofit Acquires San Francisco Art Institute Campus with Rivera Mural"

The bankrupt San Francisco Art Institute's campus, home to a valuable Diego Rivera mural, has been sold to a nonprofit organization led by philanthropist Laurene Powell Jobs for about $30 million. The sale includes the iconic 1931 mural, valued at $50 million, which will remain in a viewing room. The campus will be repurposed to house an unaccredited institution with a residency program for artists, aiming to support the art community and create a center for the community around art. The purchase is seen as a positive development for San Francisco's arts and culture scene, providing hope for the city's recovery.

via The New York Times|

#art-and-design #art-community #bankruptcy

education2 years ago•2 min saved

San Francisco Properties Hit the Market Amid Financial Troubles

The San Francisco Art Institute, which filed for bankruptcy earlier this year, has listed its campus for sale. The property includes a 1931 Diego Rivera mural valued at $50 million, which can be sold along with the campus. The institute owes unpaid rent and debts to various creditors. The campus, located in Russian Hill, consists of two landmarked buildings totaling around 93,000 square feet. The sale presents a rare opportunity to acquire prime real estate with stunning views of Alcatraz, the Bay Bridge, and more.

via SFGATE|

#bankruptcy #campus-sale #diego-rivera-mural