“The move is riding on a $200 million fund-raising campaign – $150 million for construction and $50 million for endowment. The foundation has raised about $160 million so far,” of which “between $130 million and $140 million is in hand.”
Tag: 05.13.10
Price Of A Proper Cannes Premiere, After-Party? $5 Million
“In addition to top talent insisting on private jets (do you really think [Russell] Crowe flies commercial?), travel costs include 24/7 drivers (at hundreds of Euros an hour), budget-busting hotel rooms (on top of exorbitant daily tariffs, most local hotels insist on 10-day minimum bookings…) and a retinue of hair and makeup artists, many of whom aren’t based in Europe.”
NY Museums’ Most-Wanted List: 10 Sought After By Boards
“Until someone has made the cut, expect an organization to turn on the charm. Or scramble the jets. ‘The best bonding situation…is the private jet trip to an art fair,’ said David A. Ross, a former director of both the Whitney Museum of American Art and the San Francisco Museum of Modern Art.”
When A Jazz Legend Dies, What’s A Widow’s Musical Duty?
“[M]ost spouses of deceased jazz greats fail to leverage their husbands’ legacies. … To be fair, many older jazz widows do not have the energy, expertise or entrepreneurial skills to take on such a venture. ‘Others don’t have the financial means or help from family members,’ says [Sue] Mingus. ‘Or they may have better things to do with their time.'”
Works From Larcenist Salander’s Gallery To Be Auctioned
“The 130 lots, including works attributed to the Flemish master Peter Paul Rubens and ‘the studio of El Greco,’ is expected to raise more than $2.5 million, Christie’s said. Proceeds will benefit people and businesses that filed claims in U.S. Bankruptcy Court, after the gallery on Manhattan’s Upper East Side filed for bankruptcy protection in November 2007.”
Lincoln Center Launches New Festival Of Spiritual Arts
“Lincoln Center on Wednesday announced plans for a fall festival devoted to spiritual expression and the illumination of ‘our larger interior universe.’ Called the White Light Festival, it will run next season from Oct. 28 to Nov. 18 and feature an eclectic and at times esoteric lineup of works.”