The battle for the Brooke Astor estate has been settled with everyone seemingly getting a piece of the pie. That includes the Metropolitan Museum which was also compensated for the loss of a painting promised to the collection:
The $20 million allocation for the Metropolitan Museum includes $3 million in compensation for the museum’s claim concerning a painting that Mrs. Astor had willed to the museum, but was sold in 2002.
The whereabouts of the painting, the American Impressionist Childe Hassam’s “Flags, Fifth Avenue,” are unknown, the museum said.
“The Museum continues to regret that it will be unable to display the work for its public as Mrs. Astor…hoped,” the Met said in a statement.
Astor’s Estate Benefits Many (Wall Street Journal)
