Jennifer Gilbert Sells Modernist Art to Fund New Detroit Arts Space
Entrepreneur and philanthropist Jennifer Gilbert is selling a selection of Modernist masterpieces from her personal collection to support Lumana, a nonprofit arts organization she founded in Detroit. The sale, expected to raise over $10 million, will take place through a series of auctions at Sotheby’s New York, including the Now and Contemporary evening sale on May 14, the Contemporary day sale on May 15, and the Important Design sale in June. Notable pieces include Joan Mitchell’s 'Loom II' and Kenneth Noland’s 'Circle,' with estimates ranging from $4 million to $7 million. The proceeds will fund Lumana, located in Stanton Yards on Detroit’s East Village riverfront, which aims to support new generations of artists and designers.