Guggenheim Director Selling Loft reports that Guggenheim director Thomas Krens has put his 4,500-square-foot downtown loft on the market for $5.5 million.

And they entertain speculation Mr. Krens is leaving the Guggenheim, pointing to rumors in Artland that he is on the way out at the Guggenheim, and Vicky Ward‘s recent Vanity Fair account of the Guggenheim saga.

Note those Gehry-designed chairs!

Also, some serious reporting: “According to the Gugg’s IRS Form 990 tax filings, the Krens-directed Solomon R. Guggenheim Foundation has carried a a $1.5 million interest-free housing loan to Krens on their books since at least FY 2001.” Guggenheim Director Selling Loft