Venice — The once-majestic 17th-century Palazzo Manfrin, one of this city’s most important architectural sites, is falling apart. Its white neoclassical facade is crumbling, several wooden doors are splintering, and its floor-to-ceiling frescoes have faded from age and water damage.

The dire condition of the building has catapulted it to the top of the local government’s list for restorations. But after multiple rounds of cuts to its budget, there simply isn’t enough money.

So this year, local leaders made a painful decision. They put the palace up for sale.

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