became the first American museum to purchase a painting by Monet. 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. “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. Sign up here. Some 141 years ago, a local club formed to support good government – and a third term for President Ulysses S. Grant. The work’s inclusion in the Monet showcase at the Art Institute of Chicago could increase the work’s value if it comes up for auction. The Union League Club of Chicago, founded in 1879 to serve mostly civic and business leaders, amassed an art collection worth boasting of over … For more information on the Club's Art Collection, visit the links, PDFs and photo gallery below. Tunney confirmed some of the works have already been courted by auction houses for sale. 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 — … 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. Get our latest stories in the feed of your favorite networks. 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. Monet and Chicago by Gloria Groom, preface by Adam Gopnik, Yale University Press, 2020. The collection has historically been available for public view. 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. It went for $225,000 with buyer’s premium during Christie’s contemporary art day sale on December 3. More than 700 works strong, the collection embraces diversity of style, geography and chronology. Editorial: A plea to Chicago teachers: Your kids need you. There’s a kind of familiarity with Monet in Chicago that make people like him. The art collection of the Union League Club Chicago represents the Club’s commitment to culture for over a century. 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. He is not edgy, avant-garde, or dangerous, but he is timeless! 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. With 2020 drawing to a close (and none too soon), I want to personally thank you the members for your great support this year and especially over the last 9 months. With the Chicago Bears’ season over, what will George McCaskey decide about the franchise’s future? Maybe the pandemic will subside and the economy rebound quickly enough to ease the financial pressures on the club. 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 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. Her friends in LGBTQ community fear it was a hate crime. Founded in 1879, the Union League Club of Chicago (the Club) traces its roots to the earlier Union League of America.. Top ranked private social club for professionals, wine enthusiasts, art lovers, digital nomads, wellness seekers & culinary experiences. Claude Monet, Pommiers en fleurs, 1872. Displayed on nearly every floor and room throughout the Club, it enhances the beautiful Beaux-Art Building erected in 1926. Watch live: Gov. Currently on loan at the the Art Institute’s “Monet in Chicago” exhibition, the Monet first showed at the museum in 1895, at which point its value was $1,500, according to its authenticity record. 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 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. The club’s general manager, Mark Tunney, told the ARTnews in an interview that plans to sell the Monet and other works are not finalized. The profit would be roughly the size the Louvre. 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. In 2015, at Christie’s, the club sold a Félix Ziem landscape for $62,500 to benefit its acquisition fund. and pieces are often lent to museums. The leading source of art coverage since 1902. 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