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French Electrician Given Two Year Suspended Sentence for Possession of Picasso Paintings, Must Return the Works

Friday, March 20th, 2015

Stolen Picasso Lost for Over a Decade Discovered in Newark

Saturday, February 28th, 2015

Trial Ends for Former Picasso Electrician, Sentence Due Next Month

Monday, February 16th, 2015

Trial Begins for Picasso Electrician Accused of Stealing Artist’s Works

Wednesday, February 11th, 2015

Marina Picasso’s Private Sale of Her Collection has Some Fearing “Flooded” Market

Friday, February 6th, 2015

Marina Picasso to Sell $290 Million in Works from Private Collection

Monday, January 5th, 2015

Picasso Plate Worth $90,000 Stolen from Art Miami

Thursday, December 11th, 2014

Former Electrician to Appear in Court Over Hoarded Picassos

Wednesday, November 5th, 2014

Paris’s Picasso Museum Reopens

Monday, October 27th, 2014

Never Before Seen Picasso Self-Portrait to Go On View in London

Tuesday, October 14th, 2014

Picasso Painting to Depart from Four Seasons After 55 Years

Wednesday, September 3rd, 2014

Picasso Museum To Reopen in October

Friday, August 15th, 2014

Apple Looks to Picasso for Inspiration

Monday, August 11th, 2014

Researchers Discover Hidden Picasso Underneath “The Blue Room”

Wednesday, June 18th, 2014

Picasso Curtain Painting Moved to New York Historical Society

Monday, June 16th, 2014

Laurent Le Bon Appointed New Head of Musée Picasso

Monday, June 9th, 2014

Columbus, OH Billionaire Leslie Wexner Shifts Focus to Collecting Picassos In-Depth

Monday, May 26th, 2014

Picasso Museum Fires Director Over “Deteriorating Work Environment”

Thursday, May 15th, 2014

Picasso Tapestry at Center of Lawsuit Between Landmarks Conservancy and Four Seasons

Sunday, April 27th, 2014

Antonio Banderas to Play Picasso in Upcoming Biopic

Friday, April 18th, 2014

Judge Blocks Removal of Picasso Tapestry

Monday, February 10th, 2014

Picasso Tapestry Faces Threat Over Necessary Removal

Friday, February 7th, 2014

$1.26 Million Picasso Raffle Won by Pennsylvania Resident for $137 Ticket

Sunday, December 22nd, 2013

Rural Picasso Estate Goes on the Market for 8 Times its Purchase Price

Monday, September 2nd, 2013
Global contemporary art events and news observed from New York City. Suggestion? Email us.

Sonnabend Collection Offered at Christie’s Next Month in New York

April 17th, 2015

Andy Warhol, The Kiss, via Art DailyContinuing a week of announcements regarding next month’s auctions, Christie’s has revealed that it has acquired the Sonnabend Collection for its May sales in New York, valued at $50 million.  The Collection has never before been offered on the secondary market.  “Many of Sonnabend’s exhibitions helped determine the course of art history in the late 20th Century,” says Laura Paulson, Christie’s chairman for post-war and contemporary art. “She discovered and promoted some of the most significant artists of her time.” Read More »

Dark Web Commerce Robot Returned to Artists Following Illicit Purchases

April 17th, 2015

The MDMA ordered by Random Darknet Shopper on display, via IndependentRandom Darknet Shopper, a robot-based art project designed to randomly shop on Deep Web and black market websites, has been returned to the !Mediengruppe Bitnik collective after being confiscated in Janurary for purchasing MDMA during the piece’s performance.  Any potential prosecution over the work has also been withdrawn.  “The public prosecutor states that the possession of Ecstasy was indeed a reasonable means for the purpose of sparking public debate about questions related to the exhibition,” prosecuting attorneys state.  “The public prosecution also asserts that the overweighing interest in the questions raised by the art work Random Darknet Shopper justify the exhibition of the drugs as artifacts, even if the exhibition does hold a small risk of endangerment of third parties through the drugs exhibited” Read More »

Democrats in Congress Push for Artist Resale Rights, New Tax Laws

April 17th, 2015

US CapitolA pair of bills introduced in Congress this week will look to improve artist rights and benefits regarding their works, The Art Newspaper reports.  One bill will look to push for an artist’s resale royalty in the US, bringing the country up to par with current measures being undertaken in Europe, while the second offers a tax deduction of fair market value for artists donating works to museums. Both bills have been proposed before, but have yet to be passed. Read More »

Documenta Director Wants to Show Full Gurlitt Collection

April 17th, 2015

Adam Szymczyk, via Art NewspaperAdam Szymczyk, the director for Documenta 14 in Kassel and Athens has stated his interest in exhibited the full collection of works from the Cornelius Gurlitt trove at the exhibition in 2017.  “I am not interested in an exclusive or first spectacular presentation but I would like to show the entire Gurlitt estate in the political and aesthetic context of Documenta 14,” he says.  “Our exhibition provides a unique and timely public platform for such a presentation.”  Read More »

Colin Bailey Named Director of Morgan Library

April 17th, 2015

Colin Bailey, via NYTThe Morgan Library has named Colin Bailey as its new director, who has previously served as the chief curator of the Frick Collection.  “We should be able to do a little better,” says Morgan President Lawrence R. Ricciardi. “The programming is there. It’s just a question of getting the word out and getting people in the door.” Read More »

Paintings Stolen from Sam Simon Foundation

April 17th, 2015

Sam Simon, via Sam Simon FoundationTwo paintings, including a classic Roy Lichtenstein held at the Sam Simon Foundation, an organization established by Simpsons co-founder.  The pair of works are valued at $400,000.   Read More »

Bloomberg Offers Look at Finer Points of Art Collecting

April 17th, 2015

Kerry James Marshall, Garden Party, via BloombergCollector Bob Rennie is interviewed in Bloomberg this week, offering his reflections and tips on starting a dedicated art collection, including his takes on art as investment.  “We can’t pretend that art is not an asset,” he notes. “It has to be managed.” Read More »

Oil Protests Staged at Whitney Last Night

April 15th, 2015

Whitney Protest, via NYTThe soon-to-open new home of the Whitney Museum was the site of a protest last night, which sought to illuminate the museum’s location above a massive fossil fuel pipeline and vault operated by Spectra Energy.  “Today we are asking: How can a museum that literally covers up the dirty fossil fuel industry be a beacon for the future of art and culture?” an open letter from the protesters read. Read More »

LACMA Curator Stephanie Barron Profiled in LA Times

April 15th, 2015

Stephanie Barron, via LACMAA Los Angeles Times article charts the success of LACMA curator Stephanie Barron, who has helped grow the museum and its collection into an international powerhouse of modern and contemporary art, as well as a growing Korean, Islamic and Latin American collections.  “I’ve had the amazing good fortune,” Barron says, “to work for an institution that has unconditionally supported the seriousness of the work that I want to do.” Read More »

Wall Street Journal Looks at Contract Clauses to Prevent Art Speculation

April 15th, 2015

Deborah Butterfield’s horse, via Wall Street JournalAn article in the Wall Street Journal this week notes the details and contractual clauses that accompany sales at the higher end of the art market, often in an attempt to prevent speculation.  “I don’t want to see my clients gambling at auction,” says gallerist Renato Danese. “What if the work doesn’t sell, or sells below the low estimate? That will hurt the artist in terms of current and future sales, and it will hurt my clients.”  Read More »

New York Times Profiles Broad Foundation’s Joanne Heyler

April 15th, 2015

Joanne Heyeler, via New York TimesThe New York Times profiles Joanne Heyler, the leader of Los Angeles’s Broad Foundation, and her role in establishing Eli Broad’s vision for his soon to open museum.  “She’s thinking about how to nest this institution in the community, how to engage the broader culture, how to broaden its audience and what the experience is going to be like for someone going to this museum,” says Lisa Dennison, former Guggenheim director and a chairwoman of Sotheby’s. “The book shop, lighting, conservation, storage, the plan for the opening show — it’s all Joanne.” Read More »

Art in General Leaving its Home of 34 Years

April 15th, 2015

Art in General, via ArtnetDowntown non-profit Art in General has decided not to renew its lease for the Soho/Tribeca space it has occupied for the last 34 years.  “We’ve occupied the space for quite some time,” board president Robert Ferguson says. “Our lease is now coming to an end in December of this year, and we’ve decided to embark on the process of finding a new space.” Read More »

Cy Twombly Work May Have Sold Privately for $60m

April 15th, 2015

The Cy Twombly in question, via Art Market MonitorA Cy Twombly blackboard painting may have sold for $60 million in a private sale, Marion Maneker of the Art Market Monitor reports, taking the news from active Twombly collectors.  If confirmed, the price would come close to the record-setting sale of a similar work last year by Nicola Del Roscio, Twombly’s former assistant and head of his foundation. Read More »

Amidst Renewed Diplomacy Havana Braces for Rush of Collectors at Biennial

April 15th, 2015

Art in Havana, via IndependentWith renewed diplomatic activities between Cuba and the United States this year, the Independent forecasts massive interest in this year’s Havana Biennial.  “Most of us are expecting that for the Biennial there will be an explosion of American collectors coming to buy,” says artist Mario González. “It should be a stampede.” Read More »

Sotheby’s Offering Yellow and Blue Mark Rothko in New York Next Month

April 15th, 2015

Untitled (Yellow and Blue), Mark Rothko, via New York TimesSotheby’s will bolster its May 12th Contemporary Evening Auction in New York next month with a brilliant, 1954 Mark Rothko, the New York Times reports.  Untitled (Yellow and Blue), which formerly sat in the collections of both Bunny Mellon and François Pinault, is estimated to achieve between $40 and $60 million. Read More »

Lucian Freud Painting to Lead Christie’s Auction, Estimated at $30-$50 Million

April 11th, 2015

Lucian Freud, Benefits Supervisor Resting, via GuardianNext month, Christie’s will lead its May 13th contemporary auction with one of Lucian Freud’s iconic portraits of former postal worker Sue Tilley, which will carry an estimate of $30 million to $50 million.  “This will be a good test of where his market is going,” says dealer James Holland-Hibbert. “It will be interesting to see if this style of painting appeals to the buyers who support these sales. Is Freud still a big enough brand?” Read More »

Inside the Increased Trend Towards Deaccessioning Museum Collections

April 9th, 2015

A12211.jpgAn article in the New York Times notes an increasing trend towards museums deaccessioning parts of their collection in order to cover budget gaps, even in the face of staunch opposition from critics and board members.  “If you want to safeguard cultural identity, you cannot sell the best pieces of your collection,” says  Marilena Vecco, an assistant professor of cultural economics at Erasmus University in Rotterdam. “This is the challenge for all museums.” Read More »

Crane Nearly Crushes Di Suvero Sculptre on Dallas Museum of Art

April 9th, 2015

Crane on Dallas Museum of Art, via ArtforumA crane crashed onto the roof of the Dallas Museum of Art this week, just missing a Mark Di Suvero sculpture atop the institution. The south end of the space are currently closed for repairs, while the rest of the building remains open. Read More »

NADA Miami Beach Moving to Fontainebleau Hotel

April 9th, 2015

The Fontainebleau, via Art NewsNADA Miami Beach is moving locations this December, leaving its long-time home at the Deauville Beach Resort in North Miami Beach for The Fontainebleau Hotel further south.   Founder Heather Hubbs notes that the new location will see a fair of “the same exact size or a little smaller, but it won’t be bigger and we’re not looking to expand.” Read More »

Cao Fei Interviewed in New York Times

April 8th, 2015

Cao Fei, via NYTArtist Cao Fei is interviewed in the New York Times today, underlining her work in recent years, and her move to Beijing from Guangzhou in 2006.  “In the beginning I felt like I couldn’t connect to the city,” she says.  “A lot of artists from southern China have that feeling when they come here. Take, for example, my husband, who is a Singaporean artist. For him to come here, the whole history and context is different. It’s not that easy.” Read More »

Curator Piper Marshall Profiled in W Magazine

April 8th, 2015

Piper Marshall via WCurator Piper Marshall is profiled in W Magazine this week, as she begins her run of exhibitions in conjunction with Mary Boone Gallery, and documents her ongoing focus on female artists.  “I love female artists so much that someone recently called me an ‘international womanizer,’” Marshall jokes. Read More »

Nasher Sculpture Center Announces Major Art Prize

April 7th, 2015

Nasher Sculpture CenterThe Nasher Sculpture Center in Dallas has announced a major new art prize, to be awarded to “a living artist in recognition of a significant body of work that has had an extraordinary impact on the understanding of the art form.”  The winner receives a $100,000 prize, and will be selected by an impressive jury that includes Phyllida Barlow, Okwui Enwezor, and Nicholas Serota, among others. Read More »

Art Newspaper Takes a Look at the Soon-to-Open Whitney Museum

April 7th, 2015

Whitney Museum, via Art NewspaperThe Art Newspaper reviews the Whitney’s soon to open, Renzo Piano-designed space in the Meatpacking District, reviewing its tripled floor space and focus on every aspect of the museum’s presentation.  “We conceptualized [the building] as a total work of art,” says Donna de Salvo, the museum’s chief curator.  Read More »

Economist Takes Historical Take on the State of Art Market

April 7th, 2015

Paul Gauguin, Nafea Faa Ipoipo (When Will You Marry?), via NYTAn article in The Economist this week revisits the frequently noted boom in the art market, taking an extended perspective on the practices of private sales, institutional investment and consulting over the past thirty years.  “People buy art when they’re confident about their future wealth,” says economist Clare McAndrew. Read More »