San Francisco Art Institute Headquarters Sold to Group Led by Laurene Powell Jobs
Briefly

The sale includes The Making of a Fresco Showing the Building of a City, a 1931 mural by Rivera, valued at $50 million, to be kept in a viewing room. The new nonprofit plans to operate an unaccredited institution supporting artists with a residency program.
San Francisco will retain its status as an essential arts development hub with this new endeavor. Stull emphasized the importance of having institutions like the art institute contribute to the city's artistic future.
Read at www.nytimes.com
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