1st NW Quadrant\The Approval Matrix: Week of February 11, 2008
The Dia Art Foundation, a pioneer in the now-flourishing art scene of Chelsea, has officially checked out of the neighborhood, as the organization late last month sold its building at 548 West 22nd Street for $38.55 million to an unknown buyer.
Dia’s director, Jeffrey Weiss, said the museum is searching for other Manhattan space, though he declined to offer any specific neighborhoods it was targeting. He did, however, rule out another Chelsea location. -- The New York Observer
The Dia Art Foundation, based in New York City, owns a leading collection of art from the 1960s and 1970s, including major works by Joseph Beuys, Dan Flavin, Richard Serra, Donald Judd, Agnes Martin, and Andy Warhol. -- Wikipedia