Cash-Strapped Colleges Are Selling Their Prized Art and Mansions

Kerry Hall is the crown jewel of the Cornish College of the Arts.

Adorned with a red-clay-tile roof that hangs over a white-stucco exterior — vestiges of the Spanish Revival style that swept across the West Coast a century ago — the hall houses nearly 32,000 square feet of dance studios, performance venues and classrooms. Nearby, there’s an espresso bar and trendy little spots serving up Japanese Wagyu beef and vegan pancakes in Seattle’s bustling Capitol Hill neighborhood.

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