Dia Foundation May Have To Close New York Headquarters

New York’s Dia Foundation is in a financial crisis. It’s “a major liquidity problem for Dia who if not actually bankrupt are in the midst of the most serious cash-flow crisis they have yet weathered. According to some reports the whole Dia building, (pioneer of the NY art world’s move to Chelsea) will be closed for the next three years or however long it takes to get back to something approaching solvency.”