National Academy to move to ensure its ‘perpetuity’

The National Academy Museum and School in New York, founded in 1825 by a group of artists and architects including Thomas Cole and Rembrandt Peale, will put its two Fifth Avenue Beaux-Arts mansions at 89th Street up for sale within the next month, a spokesman told The Art Newspaper. The buildings, which the academy has occupied since 1942 and partially renovated from 2010, were appraised at $107m in 2012. “The sale of our buildings [will allow] the National Academy to establish—for t