A joint statement issued today (Oct. 9) by The Couse Foundation and Rena Rosequist announced that the Foundation has agreed to acquire from Rosequist the building owned by her that houses the Mission Gallery and an attached rental space.
Terms of the agreement for the acquisition of the building were not disclosed, according to a press release from Virginia Leavitt of the Couse Foundation.
Rosequist said that the transaction will facilitate her vision of a new beginning for the property her husband, Ivan Rosequist, acquired more than 50 years ago.
"Although the Mission Gallery will be closed, the property, as a part of the Couse-Sharp Historic Site, will continue to enhance the reputation and history of Taos as a vibrant destination for artists and art lovers from around the world," the release states.
The Mission Gallery is the oldest gallery under continuous ownership in New Mexico. It was founded by Ivan Rosequist in 1962 and Rena Rosequist became its first manager.
Carl Jones, president of The Couse Foundation, said the non-profit organization "is grateful that Ms. Rosequist presented this opportunity to bring into the Couse-Sharp Historic Site the structure that embodies what once was the home of Joseph Henry Sharp. Sharp and E. I. Couse were two of the founding members of the Taos Society of Artists."
On a prepared statement, Jones said, “The acquisition of Rena’s property will be an important addition to our campus because of its historic ties to Mr. [Joseph Henry] Sharp and because the additional space can be used for a variety of purposes as the Foundation continues to expand its operations and activities."
Sharp was a member of the Taos Society of Artists whose home and studio is located immediately east of the Mission Gallery.
"The closing of the transaction will occur at an unspecified date in the future after Rosequist has completed the work begun by Ivan Rosequist in 1960, nurtured by Ivan and Rena into the 1980s, and carried on by Rena through 2017," the release concludes.
Watch the Thursday print edition of The Taos News for more information.