PITTSFIELD — In a final report to Attorney General Maura Healey, the Berkshire Museum discloses issues flagged as concerns by Healey’s office. The report was required in the successful 2018 petition to the Supreme Judicial Court that ended state opposition and allowed up to $55 million in art sales. The Eagle obtained attorney William F. Lee’s Oct. 18 report through a public records request. Issues include:
THE SALES: Of 40 works removed from the collection, 22 were sold, netting $53.25 million. Eighteen objects were returned from Sotheby’s to Pittsfield but are not yet reaccessioned due to delays and staffing, according to Executive Director Jeff Rodgers.
PROCEEDS: $45 million was invested with Northern Trust Co. based on advice from Portfolio Evaluations Inc.; $5 million is held in an account at Lee Bank for capital projects; and $3.25 million sits in a Lee Bank account to be used only for the good of the collection under terms of the court ruling. Rodgers said the museum plans to draw no more than 3.2 percent from its investment fund in any year.
With the fall election campaign heating up, Massachusetts Attorney General Maura Healey was in the Berkshires Monday.
Healey, along with local Democratic leaders like Mayor Linda Tyer and State Representative Tricia Farley-Bouvier, appeared at the new Berkshire County Democratic Coordinated Campaign Headquarters on Pittsfield’s North Street to endorse District Attorney candidate Andrea Harrington, who won September’s primary.
Larry Parnass, The Berkshire Eagle August 14, 2018
PITTSFIELD — Lawyers for the Berkshire Museum aren’t quite done defending its art sales — even as those transactions near completion.
They’ll come before three Massachusetts Appeals Court justices in early September, working to fend off a lawsuit against the museum and its trustees that dates back to the start of legal action 10 months ago.
Larry Parnass, The Berkshire Eagle, March 20, 2018
PITTSFIELD – As the state’s chief law enforcement officer, Attorney General Maura Healey and her staff routinely face off against private law firms.
Rarely do they know their adversaries as well as they do the lawyers of WilmerHale, the powerful Boston firm that fought Healey’s office for months over its investigation of the Berkshire Museum’s proposed art sale.