No Strads for New Jersey?

“New Jersey philanthropist Herbert Axelrod’s 2-for-1 challenge grant, issued last Monday to help the New Jersey Symphony Orchestra buy 30 of his rare, 17th- and 18th-century Italian string instruments, has so far only netted a few thousand dollars for the NJSO. For every dollar contributed to the orchestra by today, Axelrod offered to take two dollars off the purchase price of $25 million, to a maximum of a $10 million drop in cost. Yesterday, though, it appeared that only a few thousand would be coming off the price tag,” and the orchestra will likely not be able to complete the sale.