Union League Club on selling a Monet to recover funds lost during the pandemic The sale would not mark the first time the Union Club has deaccessioned art in recent years. Subscribe today! Copyright © 2021 Penske Business Media, LLC. It went for $225,000 with buyer’s premium during Christie’s contemporary art day sale on December 3. The ULC is unique in our commitment to serving our country, building our communities and experiencing the culture around us. The Union League Club of Chicago, founded in 1879 to serve mostly civic and business leaders, amassed an art collection worth boasting of over … Nine of them are now part of the Art Institute of Chicago’s distinguished Impressionist collection. In 1903, the A.I.C. 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. the board of the Union League Club, so there is this kind of synergy between these two important cultural institutions in Chicago. 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. The Union League Club of Chicago, founded in 1879 to serve mostly civic and business leaders, amassed an art collection worth boasting of over the years. [The Union League Club of Chicago traces its origins to the Union League of America, a movement to establish patriotic clubs to marshal support for President Abraham Lincoln and the Union during the Civil War (1861-1865).] Show up. Union League Club, Chicago Picture: Monet 2nd floor - Check out Tripadvisor members' 51,069 candid photos and videos of Union League Club Chicago’s Union League Club Board Approves Sale of Prized Monet, Other Works The Union League Club, 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. J.B. 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Top ranked private social club for professionals, wine enthusiasts, art lovers, digital nomads, wellness seekers & culinary experiences. While staying at Union League Club, visitors can check out Buckingham Fountain (0.5 mi) and Navy Pier (1.4 mi), some of Chicago… More than 700 works strong, the collection embraces diversity of style, geography and chronology. 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. 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. 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. 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. Monet and Chicago From September 5, 2020 through January 18, 2021 The Art Institute of Chicago. Seventeen years ago, the ULCC inducted Marshall as a Distinguished Artist. Collections People Favorites People Favorites Grant didn’t get the nomination, but the Union League Club of Chicago still welcomes presidents and explores public policy. Editorials reflect the opinion of the Chicago Tribune Editorial Board. Claude Monet Chicago’s Union League Club Board Approves Sale of Prized Monet, Other Works artnews.com - Angelica Villa The Union League Club, home to one of the most significant private art collections in the American Midwest, is reportedly planning to liquidate a … 144 pages, 25 dollars. Finish the job, Democrats. By the late 1950s, it was valued at $20,000, and in 1985, it was said to be worth $900,000. Hard times demand painful measures, and for the Union League Club of Chicago, like so many other establishments in downtown Chicago, these are hard times. The collection has historically been available for public view. 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 … Claude Monet, Pommiers en fleurs, 1872. Its centerpiece was a painting by Claude Monet, Pommiers en fleurs (Apple Trees in Blossom) (1871), purchased by the club in 1895 for $500, and today valued at between $5m and $15m. For more information on the Club's Art Collection, visit the links, PDFs and photo gallery below. In dire fiscal straits, the club has authorized the sale of its art collection's "jewel" but hopes it won't come to that. The Monet painting would be a multimillion dollar lifeline. The profit would be roughly the size the Louvre. Editorial: The exit sign for Mike Madigan is lit. 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 — … Five Experts Discuss Monet's Most Beguiling Paintings. 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. Vaccinated. 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. But under Gov. Sign up here. The Union League Club of Chicago offers members guest room accommodations, a state-of-the-art health and fitness center, ... (including a Monet!) Editorial: Get. “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. The Union League painting was included in its recent exhibition, “Monet and Chicago.”. History. 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. The club has seen its membership plummet. Kathryn Kremnitzer: Another interesting fact to consider is that the painting was included in Monet’s first solo exhibition at a U.S. museum. But for a city that has a long, proud association with the artist, the sale would be a “great tragedy,” Northwestern University art historian Alicia Catichatold the Tribune’s culture writer. J.B. Pritzker’s latest order, meetings and other events have been suspended, along with indoor dining. Courtney Key was found dead on Christmas, shot in the head and dragged by a car. Today, its market value is estimated to be between $5 million and $15 million. The Union League Club of Chicago applauds Vogue Magazine for its September cover featuring artwork by Kerry James Marshall. 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. Her friends in LGBTQ community fear it was a hate crime. 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. 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 art collection of the Union League Club Chicago represents the commitment to culture for more than a century. Pritzker says some areas can move to next phase of vaccine plan. 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. Perhaps a generous donor will swoop in to save the painting. Get our latest stories in the feed of your favorite networks. Union League Club is an excellent choice for travelers visiting Chicago, offering a luxury environment alongside many helpful amenities designed to enhance your stay. Ross said in the letter to the club’s members that, alongside the Monet, a selection of works could potentially go up for sale, including ones by George Inness, Victor Higgins, William Wendt, and the Chicago Imagist Jim Nutt. He is not edgy, avant-garde, or dangerous, but he is timeless! Collections Menu. Purchased for $500, “Apple Trees in Blossom” could sell for tens of millions of dollars. Displayed on nearly every floor and room throughout the Club, it enhances the beautiful Beaux-Art Building erected in 1926. 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