Maurice and Paul Marciano, known as the co-founders of Guess Jeans, have purchased the Scottish Rite Masonic Temple on Wilshire Boulevard in Los Angeles, with the intent of turning the space into a museum for their contemporary art collection.  The property was purchased by the Maurice and Paul Marciano Art Foundation, for the price of $8 million. “We have been looking for a home for the collection,” said William F. Payne, a spokesman for the foundation. “It’s a legacy project for the family.”Read more at LA Times

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