Us. Editorials reflect the opinion of the Chicago Tribune Editorial Board. The Union League Club of Chicago, home to one of the most significant private art collections in the American Union League of Chicago Approves Sale of Prized Monet Painting – ARTnews.com - Artmarketstv Coronavirus in Illinois updates: 4,776 new COVID-19 cases and 53 more deaths reported as Gov. The Union League Club of Chicago, home to one of the most significant private art collections in the American Midwest, is reportedly planning to liquidate a portion of its collection, including a coveted Monet painting, to alleviate economic strain resulting from the pandemic. For a museum to sell an exceptional artwork is rare, but the club, despite its extensive and prestigious art holdings, is a social and civic organization, not a museum. The Union League Club is also trying to sell a building next to the main building. Courtney Key was found dead on Christmas, shot in the head and dragged by a car. the board of the Union League Club, so there is this kind of synergy between these two important cultural institutions in Chicago. In 2015, at Christie’s, the club sold a Félix Ziem landscape for $62,500 to benefit its acquisition fund. The Union League Club-owned "Apple Trees in Blossom" at the "Monet in Chicago" exhibit at the Art Institute of Chicago on Sept. 10, 2020. The club has seen its membership plummet. “We have a very active membership and a very active art community in the club,” Tunney said, adding, “This is not an easy decision.” The hope is for the first cache of works to generate enough revenue so that the Monet can stay in Union League hands. His vision and reinvention of art history through the lens of the Black experience was pioneering, and he continues today to create meaningful artistic narratives of reflection. The Monet landscape is considered the gem of the Union League Club’s collection, which comprises more than 700 works by the likes of Donald Judd, Andy Warhol, Jasper Johns, Kerry James Marshall, and Angel Otero, as well as Chicago artists Ed Paschke, William Conger, and Dawoud Bey. Some 141 years ago, a local club formed to support good government – and a third term for President Ulysses S. Grant. With the Chicago Bears’ season over, what will George McCaskey decide about the franchise’s future? A Jim Nutt painting titled Look This Way (1977) from the club’s holdings, purchased in 2005 by the Union League Club Art Committee, has already been sold. All Rights reserved. While staying at Union League Club, visitors can check out Buckingham Fountain (0.5 mi) and Navy Pier (1.4 mi), some of Chicago… Politico first reported news of the potential sale. became the first American museum to purchase a painting by Monet. History. THE BUZZ SCOOP: The Union League Club is making plans to sell pieces of its artwork, including its coveted Monet, to help it weather the economic blow from Covid-19. Editorial: The exit sign for Mike Madigan is lit. The Union League Club - The Union League A quiet sanctuary and relief from the hustle of the city Located on the corner of Park Avenue and 37th Street, The Union League Club is home to a distinguished art collection and gallery, library, squash and fitness facilities, fine dining and catering, conference and banquet rooms, and rich history. As the pandemic has shuttered businesses, forced many former commuters to work from home and strangled tourism, the Loop and surrounding neighborhoods have emptied out. Chicago’s public-television station included the 141-year-old club in a series of video features it has posted on its website while cultural landmarks and museums in the area have been closed because of pandemic-imposed restrictions. Founded in 1879, the Union League Club of Chicago (the Club) traces its roots to the earlier Union League of America.. Today, its market value is estimated to be between $5 million and $15 million. Losing $400,000 a month, it has slashed staff, cut managerial salaries and persuaded members to contribute $520,000 to help weather the storm. The collection has historically been available for public view. Join the discussion on Twitter @chitribopinions and on Facebook. 14th-Century Painting to Sell at Auction Under Restitution Settlement with German-Jewish Art Historian's Heir Losing members and burning through cash during a punishing pandemic, the club has decided to sell one of its most prized assets: an 1872 painting by the French Impressionist Claude Monet that it bought in 1895. The Union League Club of Chicago, home to one of the most significant private art collections in the American Midwest, is reportedly planning to liquidate a portion of its collection, including a coveted Monet painting, to alleviate economic strain resulting from the pandemic. In an email, President Nancy A. Ross told members that its large fixed costs “are normally paid from guest rooms, food & beverages sales, and large events revenues. According to that report, Union League president Nancy A. Ross confirmed the board’s approval to sell the Monet. The leading source of art coverage since 1902. What’s the holdup? People view the Union League Club-owned "Apple Blossoms in Springtime" at the exhibit "Monet in Chicago" on Sept. 10, 2020, as it opens at the Art Institute of Chicago. In 1903, the A.I.C. The Union League Club, a longtime mecca for the city’s movers and shakers at 65 W. Jackson Blvd., has always bustled with an endless series of seminars, panel discussions and fundraisers, as well as power lunches among political and business bigwigs. The Union League Boys and Girls Club has been in existence for almost 100 years and has done a lot of good for the community through its philanthropy. Get our latest editorials, commentaries and columns delivered twice a week in our Fighting Words newsletter. Club member Judge John Barton Payne acquired the work and later sold it to the Union League for $500. But Ross expects that “the financial operations of the Club may not fully return to pre-pandemic levels until late 2023 or 2024.” The effects of the virus and the resulting economic slump leave few good options. In 1895, the Union League Club of Chicago purchased Apple Trees in Blossom (1872), which was also shown at the Art Institute that year in the exhibition 20 Works by Claude Monet, the artist’s first solo show at a museum in the United States. The Union League painting was included in its recent exhibition, “Monet and Chicago.”. Grant didn’t get the nomination, but the Union League Club of Chicago still welcomes presidents and explores public policy. Monet and Chicago From September 5, 2020 through January 18, 2021 The Art Institute of Chicago. There’s a kind of familiarity with Monet in Chicago that make people like him. Union League Club on selling a Monet to recover funds lost during the pandemic Editorial: A plea to Chicago teachers: Your kids need you. But if not, we can only hope Monet’s masterpiece will end up someplace where it can be enjoyed by the public for decades to come, even if it is not here, its longtime home, Chicago. The art task force, which includes Metzler as well as current and former board members, “helped to identify the right time, for the right piece, without jeopardizing the integrity of the art collection,” Tunney said. Maybe the pandemic will subside and the economy rebound quickly enough to ease the financial pressures on the club. Claude Monet, Pommiers en fleurs, 1872. Kathryn Kremnitzer: Another interesting fact to consider is that the painting was included in Monet’s first solo exhibition at a U.S. museum. Editorial: Get. Displayed on nearly every floor and room throughout the Club, it enhances the beautiful Beaux-Art Building erected in 1926 and lends it the feel of a museum. Perhaps a generous donor will swoop in to save the painting. Sign up here. Monet found an enthusiastic audience in Chicago, notable Potter Palmer (founder and owner of the Palmer House Hotel) and his wife Bertha, who bought some 29 of Monet’s works and 11 of Pierre-August Renoir’s. It’s also home to a massive art collection that includes a Monet and a passel of Paschkes. Pritzker says some areas can move to next phase of vaccine plan. She will be tasked with finding “the best opportunity for the best prices available,” said Tunney. J.B. Pritzker gives COVID-19 update, 3 things we heard as Chicago Bears players cleaned out their lockers, including Cole Kmet’s take on his unsportsmanlike conduct penalty and Matt Nagy’s parting message, Chicago Tribune to exit Prudential Plaza, move newsroom to printing facility, CPS schools welcome students back for the first time in 10 months, even as Chicago extends its stay-at-home advisory and the teachers union continues to resist, Army investigating Fort Bragg officer who led group to Trump rally before Capitol siege, Ask Amy: Spouse sees marriage consumed by differences, Utz to acquire Chicago-based Vitner’s as it chases salty snacks in the Midwest, Illinois House Speaker Michael Madigan suspends bid for another term but doesn’t bow out, Several gorillas test positive for coronavirus at San Diego park in what is believed to be the first known cases among such primates. Five Experts Discuss Monet's Most Beguiling Paintings. A ‘healthy’ doctor died two weeks after getting a COVID-19 vaccine; CDC is investigating why, FBI warns of plans for armed protests at all 50 state capitals next week, Coronavirus in Illinois updates: 4,776 new confirmed and probable COVID-19 cases and 53 additional deaths reported as CPS schools reopen today after 10 months, Capitol attack far more sinister than it initially appeared: ‘The direction was to go get people,’ Nancy Pelosi says. The Monet painting would be a multimillion dollar lifeline. Get our latest stories in the feed of your favorite networks. The Union League Club of Chicago, founded in 1879 to serve mostly civic and business leaders, amassed an art collection worth boasting of over … Collections Menu. The Union League Club-owned "Apple Trees in Blossom" at the "Monet in Chicago" exhibit at the Art Institute of Chicago on Sept. 10, 2020. Union League Club votes to sell its prized Monet painting to cover pandemic losses The story of Claude Monet’s “Apple Trees in Blossom” and Chicago is lengthy, important and now — with the Union League Club’s determination to sell its most useful artwork work … Finish the job, Democrats. Nine of them are now part of the Art Institute of Chicago’s distinguished Impressionist collection. We want to hear from you! Vaccinated. … The organization has cut around 75 percent of its full-time staff, from 275 to 67 employees, and issued 10–20 percent salary cuts for management figures and raised $520,000 in member donations. More than 700 works strong, the collection embraces diversity of style, geography and chronology. It went for $225,000 with buyer’s premium during Christie’s contemporary art day sale on December 3. The story of Claude Monet’s “Apple Trees in Blossom” and Chicago is long, significant and now — with the Union League Club’s decision to sell its most valuable artwork to cover pandemic-year losses — … Union League Club, Chicago Picture: Monet 2nd floor - Check out Tripadvisor members' 51,069 candid photos and videos of Union League Club Union League of Chicago The Union League Club of Chicago, home to one of the most significant private art … The historic private social club, a 501(c)(7) tax exempt organization, has already made moves to deal with financial fallout from the pandemic. 144 pages, 25 dollars. The Union League Club of Chicago, home to one of the most significant private art collections in the American Midwest, is reportedly planning to liquidate a portion of its collection, including a coveted Monet painting, to alleviate economic strain resulting from the pandemic, Art Market Monitor reported. 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