The Detroit Free Press reports that city emergency manager Kevyn Orr has contracted Christie’s to appraise a portion of the Detroit Institute of Arts‘ city-owned collection.  While some have taken this as a further step in the potential selloff of much of the DIA’s collection, Orr himself spoke out on the contrary: “There has never been, nor is there now, any plan to sell art. This valuation, as well as the valuation of other City assets, is an integral part of the restructuring process. It is a step the city must take to reach resolutions with its creditors and secure a viable, strong future for Detroit and its residents.â€
Read more at The Detroit Free Press
