Dia Foundation will auction works in November

June 30th, 2013

This coming November, the Dia Foundation will auction a number of its works in order to increase its resources for further acquisitions. The decision follows the Foundation’s recent purchase of the Alcamo Marble building, for its new Chelsea location.  “Dia cannot be a mausoleum, (…) It needs to grow and develop” says Dia director, Philippe Vergne. Among the works to be sold are pieces by Cy Twombly, Barnett Newman, and Richard Chamberlain.  Read more at The New York Times.