christie's appraisals http://michiganradio.org en Will the DIA survive Detroit's bankruptcy? A Detroit News columnist shares his thoughts http://michiganradio.org/post/will-dia-survive-detroits-bankruptcy-detroit-news-columnist-shares-his-thoughts <p style="margin:0in;margin-bottom:.0001pt">What’s going to happen with the Detroit Institute of Arts?</p><p style="margin:0in;margin-bottom:.0001pt">That’s the question on the minds of many Michiganders after the city of Detroit was deemed eligible for Chapter 9 bankruptcy on Tuesday.<o:p></o:p></p><p style="margin-top:0in;margin-right:0in;margin-bottom:.2in;margin-left:0in; line-height:15.75pt"><br />Daniel Howes, a business columnist with The Detroit News, talks with us about all things DIA — a recent appraisal of the institute’s collection, Emergency Manager Kevyn Orr’s interest in the museum, and a possible rescue plan cooked up by a federal judge.</p><p style="margin-top:0in;margin-right:0in;margin-bottom:.2in;margin-left:0in; line-height:15.75pt"><em>Listen to full interview above.&nbsp;</em></p><p> Thu, 05 Dec 2013 21:47:40 +0000 Stateside Staff 15555 at http://michiganradio.org Will the DIA survive Detroit's bankruptcy? A Detroit News columnist shares his thoughts 3 things to know about Christie's preliminary report on the DIA http://michiganradio.org/post/3-things-know-about-christies-preliminary-report-dia <p>According to the <a href="http://www.detroitnews.com/article/20131204/METRO01/312040064/Detroit-bought-art-DIA-worth-between-452M-866M?odyssey=tab|topnews|text|FRONTPAGE"><em>Detroit News</em></a>, Christie's Appraisals estimated the market value of the DIA's city bought works at somewhere between $452 and $866 million.</p><p>Christie's<a href="http://www.documentcloud.org/documents/885368-christies-preliminary-dia-report.html#document/p1"> released the preliminary report</a>&nbsp;today. The full report will be shown to Detroit's Emergency Manager Kevyn Orr the week of December 16.</p><p> Wed, 04 Dec 2013 18:07:44 +0000 Michigan Radio Newsroom 15530 at http://michiganradio.org 3 things to know about Christie's preliminary report on the DIA Kevyn Orr requests formal appraisal of the DIA's collection http://michiganradio.org/post/kevyn-orr-requests-formal-appraisal-dias-collection <p><span style="line-height: 1.5;">The eyes of the art world are trained on Woodward Avenue in Detroit, on the Detroit Institute of Arts.</span></p><p>Christie's Auction House is formally appraising the city-owned works at the DIA at the request of emergency manager Kevyn Orr.</p><p>The very hint of the idea that pieces in the DIA collection could be sold off to satisfy Detroit's creditors has had the impact of a tsunami in the art world.</p><p>The DIA says the collection doesn't belong to the city, it belongs to the public, and thus, is protected by a public trust. These are all questions federal judge Steven Rhodes will eventually decide.</p><p>So now, with this appraisal, there's this for the art world and art patrons to consider: when Christie's delivers its report to Orr, it will be the first time the public gets an idea of the market value of thousands of pieces of art at a world-class museum.</p><p>Detroit Free Press staff writer Mark Stryker recently wrote an <a href="http://www.freep.com/apps/pbcs.dll/article?AID=2013308180068">article</a> about the appraisals, and he joined us today to talk about&nbsp;<span style="line-height: 1.5;">what this means for the&nbsp;</span><span style="line-height: 1.5;">DIA</span><span style="line-height: 1.5;">, the city of Detroit, and for the art world</span><span style="line-height: 1.5;">.</span></p><p><em>Listen to the full interview above.</em></p><p> Tue, 20 Aug 2013 20:49:15 +0000 Stateside Staff 14070 at http://michiganradio.org Kevyn Orr requests formal appraisal of the DIA's collection In this morning's news: DIA appraisal, Michigan's Medical Marijuana Act, pet coke in Detroit http://michiganradio.org/post/mornings-news-dia-appraisal-michigans-medical-marijuana-act-pet-coke-detroit <p><strong>DIA is being appraised</strong></p><p>Christie's Appraisals, a New York-based International auction house, says it has agreed to <a href="http://www.michiganradio.org/post/detroit-put-price-dia-windsor-tunnel-and-other-assets">appraise some city-owned pieces in the Detroit Institute of Arts</a>. Emergency manager Kevyn Orr has said the art valuations are a necessary part of the debt restructuring and don't "portent a sale of any asset."</p><p><strong style="line-height: 1.5;">Board meeting to discuss Michigan's Medical Marijuana Act</strong></p><p>A state panel will meet this afternoon to consider whether new health conditions should be covered under <a href="http://www.michigan.gov/lara/0,4601,7-154-35299_63294_63303_51869-202669--,00.html">Michigan’s Medical Marijuana Act</a>. A previous board already voted to allow patients suffering from post-traumatic stress disorder and Parkinson’s disease to use medical pot, but those conditions were never officially added to the list of acceptable ailments. <a href="http://michiganradio.org/post/advocate-says-bureaucratic-nonsense-holding-michigans-marijuana-law">Some advocates question</a> whether the new board risks the same fate because it doesn’t include proper representation from the medical community. The state says it’s working to fix the make-up of the panel, Michigan Public Radio's Jake Neher reports.</p><p><strong>Raising awareness of petroleum coke in Detroit</strong></p><p>A round table discussion is scheduled in Detroit this morning to raise awareness of <a href="http://www.michiganradio.org/post/lots-unknowns-petroleum-coke-piles-along-detroit-river">petroleum coke piled and stored along the Detroit River</a>. <a href="http://www.michiganradio.org/post/peters-uses-keystone-xl-vote-push-petroleum-coke-investigation">U.S. Representative Gary Peters </a>is expected to discuss his plans to ensure that such storage minimizes risk of dust and water contamination. The Bloomfield Township Democrat has introduced legislation calling for a federal study of health and environmental effects of open air storage of the material, known as pet coke, the Associated Press reports.</p><p> Tue, 06 Aug 2013 10:54:49 +0000 Michigan Radio Newsroom 13843 at http://michiganradio.org In this morning's news: DIA appraisal, Michigan's Medical Marijuana Act, pet coke in Detroit