After the post office closed in 2012, movie producer Joel Silver unveiled plans to purchase it for 7.5 million and revamp the building as the new headquarters of his company, Silver Pictures.Groves, Martha (October 11, 2012), Joel Silver to put his stamp on Venice Post Office Los Angeles Times The sale included the stipulation that he, or any future owner, preserve the New Deal-era murals and allow public access.Hiatt, Anna (January 20, 2014) "Congress wants delay in selling of historic post offices until federal report is completed" The Washington Post Restoration of the nearly pristine mural took over a year and cost about $100,000. LACMA highlighted the mural with an exhibit that displayed additional Biberman artworks, rare historical documents and Venice ephemera with the restored mural. Silver has a long-term lease on the mural that is still owned by the US Postal Service. In May 2019, according to the Hollywood Reporter, Silver sold the building for 22.5 million to U.K. investor Alex Dellal and his real estate group founded by Jack Dellal. Status of the planned renovation remains subject to further approvals. The mural's whereabouts are unknown, putting the lessee in violation of the lease agreement's public access requirement.
After the post office closed in 2012, movie producer Joel Silver unveiled plans to purchase it for 7.5 million and revamp the building as the new headquarters of his company, Silver Pictures.Groves, Martha (October 11, 2012), Joel Silver to put his stamp on Venice Post Office Los Angeles Times The sale included the stipulation that he, or any future owner, preserve the New Deal-era murals and allow public access.Hiatt, Anna (January 20, 2014) "Congress wants delay in selling of historic post offices until federal report is completed" The Washington Post Restoration of the nearly pristine m,ural took over a year and cost about $100,000. LACMA highlighted the mural with an exhibit that displayed additional Biberman artworks, rare historical documents and Venice ephemera with the restored mural. Silver has a long-term lease on the mural that is still owned by the US Postal Service. In May 2019, according to the Hollywood Reporter Silver sold the building for 22.5 million to U.K. investor Alex Dellal and his real estate group founded by Jack Dellal. Status of the planned renovation remains subject to further approvals. The mural's whereabouts are unknown, putting the lessee in violation of the lease agreement's public access requirement.