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Detroit Institute of Arts Launches Commitment to African-American Art

July 21st, 2016

DIA director Salvador Salort-Pons with a David Hammons work, via Detroit Free PressThe Detroit Institute of Arts as launched a multi-year commitment to deepen its holdings of African-American art, launching a new series of acquisitions, exhibitions, artist commissions, community partnerships, staff development and internships.  “We want to be the best,” says director Salvador Salort-Pons.
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Art News Traces the History of 57th Street as a New York Art World Mainstay

July 21st, 2016

The New York Gallery building, via Art NewsArt News takes an intriguing look at 57th Street, the original gallery district in New York, and its continued place in the New York art world.  “We have a lot of European artists we represent and I don’t think they were in love with Chelsea,” says Marian Goodman. “You see so many galleries in a row that you have to question the interest level [of visitors] after a while when they go to Chelsea. Very often they start to forget what gallery they’re in and what art they show.”
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Gagosian Gallery Agrees to Pay Over $4 Million in Back Taxes

July 21st, 2016

Larry Gagosian, via NYTGagosian Gallery has agreed to pay over $4 million in back taxes owed to New York State this week, the New York Times reports.  “Although we cannot comment on these findings, we accept and will fully comply with the terms of the settlement to bring closure to this matter,” the gallery said in a statement.  
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REFERENCE LIBRARY

Dakis Joannou

Collector’s Birthdate: b. 1970

Joannou is the Greek chair of a group of privately held building and civil engineering companies. He is a member of the Guggenheim Museum and the New Museum of Contemporary Art and sits as a council member at the Museum of Modern Art and the Tate.

He is considered one of the world leaders in collecting contemporary European art and has also been closely-linked to American-born Jeff Koons collecting pieces from his 1985 “Equilibrium” series which inspired Joannou to begin collecting art, as well as the British pair of Tim Noble and Sue Webster. Notable works in his collection include Koon’s “Michael Jackson and Bubbles” as well as Chris Ofili’s “The Adoration of Captain Shit and the Legend of Black Stars”.

He is also the founder Athen’s privately-funded Deste Foundation which purchases and shows the work of promising young artists.

On collection:

“Art can certainly be perceived as an economic investment, but also as a sound investment on a human level. For example, if you develop a collection and you then give people access to these works of art, whether by lending them to museums or showing them in your own exhibition space, this goes way beyond an investment of money. That’s how I like to do things.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.

Dakis Joannou- Website

61 Minutes with Dakis Joannou

More info about the artist coming soon.

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