The Corcoran Gallery of Art will remain in its historic building near the White House, museum officials said Monday in ending a six-month review that spurred fears the institution would decamp to the suburbs, The Washington Post reports.
Trustees at Washington's oldest private art gallery called off the search for new locations in and outside the city and renounced any plans to sell the Beaux-Arts mansion that has housed the Corcoran since 1897. The board launched the search in June, saying the building needed $130-million in repairs and was no longer suitable to house both the gallery and its growing art and design school.
"What makes today much different than June is that a number of individuals, corporations, foundations, other organizations have understood the severity of the problem and have engaged in a way to allow us to continue to stay in this building and to assure the future,” gallery President Fred Bollerer said. Neither he nor board Chairman Harry Hopper offered details of potential partnerships.