Henry Moore’s Draped Seated Woman was bought in 1962 specifically for the residents of the Stifford Estate in Tower Hamlets.
When the estate was demolished in 1997 she was loaned temporarily to Yorkshire Sculpture Park whose visitors have enjoyed the benefit of this piece for over 15 years.
Very few of those visitors have come from Tower Hamlets.
Like other councils we are considering how best to use our assets to generate much-needed funds to invest in local heritage and priority projects that our community can benefit from and enjoy.
A decision will be made as to the future of the piece at the Cabinet meeting next week.