Global contemporary art events and news observed from New York City. Suggestion? Email us.
NEWS

Guggenheim Lays Off Additional 24 Employees ↠

September 17th, 2020

As the museum plans to reopen, the Guggenheim Museum has laid off 24 employees, with an additional 8 taking separation agreements. “The impact of the Covid-19 pandemic on the Guggenheim has been devastating to our finances,” said museum’s director, Richard Armstrong in a letter to employees. “I am deeply saddened to say that the museum will not have the ability to support our previous number of staff members.”
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Brooklyn Museum Deaccession’s 12 Works from Collection ↠

September 17th, 2020

In the midst of COVID-19-related financial pressure, the Brooklyn Museum will sell off 12 works from its collection to fund maintaining the rest of its holdings. “We expect this consignment to generate considerable interest from collectors who will not only respond to the paintings’ great quality, but will also be reassured by their distinguished provenance,” says Joshua Glazer, Specialist of Old Master Paintings at Christie’s New York.
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Banksy Loses Court Case, Placing Copyright at Risk ↠

September 17th, 2020

Banksy has lost a court case against a greeting card company this month, with the court putting the artist’s copyright at risk over his anonymity. “Banksy has chosen to remain anonymous and, for the most part, to paint graffiti on other people’s property without their permission, rather than to paint it on canvases or his own property,” the panel said.
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REFERENCE LIBRARY

Nicolai Frahm

Collector’s Birthdate: b. 1975

Frahm, born to Danish entrepreneur Flemming Frahm, began collecting art through his family’s foundation in Copenhagen. He has since moved to London, where he has taken on a roster of high profile clients and aided such well known collectors as Frank Cohen.

He is equally known as an aggressive art speculator, making ARTNew’s 2006 list among the 6 best contemporary art advisors in the world. The same year, L.A.’s The Gallery at the Hospital hosted an exhibition of young local artists, using pieces from his private collection exclusively. Often, he has been likened to as a “young Charles Saatchi.”