The James Turrell Museum of the Hess Art Collection in Argentina

James Turrell Museum of the Hess Art Collection opens its 18,000 sf space in Argentina, almost 8,000 sf above sea level [Reuters]
The Tate galleries issue over 400 video and audio lectures, talks, debates for free on iTunes [Apple]
A video look inside the studio of Jeff Koons [Tate]
Bruce Nauman in his studio, in anticipation of his representing the US in Venice [NYTimes]

Portrait of Nicholas Roerich via Reuters

Despite the above portrait of Nicholas Roerich by his son fetching $2.9M, close to 3x its high estimate of $1.1 million, sales of Russian art in New York by Sotheby’s and Christie’s clear an unsubstantial $27 million versus last year’s $64 million [Reuters]
Is the value of the work of Richard Prince particularly at risk in this recession? [Portfolio]
Angus Murray launches Castlestone’s $50M Modern Art Fund [Portfolio Advisor]

Damien Hirst with The Hours and the painting he created for their album cover via The GuardianUK

Win the £125,000 orignal painting Damien Hirst made for The Hours’ new album cover [GuardianUK]
MoMA sued by heirs of George Grosz over three works the artist left behind when fleeing Nazi Germany [NY Times]
In related, Austrian city of Linz may return $15 million Gustav Klimt to Holocaust victim [Bloomberg]

A shot of the scene sans Mona Lisa via Vanity Fair

A excerpt from a new book on the famous theft of the Mona Lisa in 1911 [Vanity Fair]
A summary of how dramatically US Museums have been hit by the economic slowdown [ArtNewspaper]
In directly related, a timeline of Museums and the recession [ArtInfo]
The “hottest” art exhibitions of summer 2009 according to Times UK [TimesUK]
London usurps New York as top auction location for 2008, bolstered mainly by Damien Hirst’s Sotheby’s sale [ArtInfo via ArtFagCity]
The low profile nature of private sales causes them to rise in popularity due to the impact of public failure of sales at auction [NYTimes]

Saatchi-online’s billboard partnership with Clearchannel via ArtDaily

Clearchannel partners with Saatchi’s to promote through its billboards Saatchi-online’s commission-free online art sales [ArtDaily]
In related, The 10 winners of the Guardian/Saatchi art competition are announced [Guardian UK]
The world’s largest art prize, decided by vote, launches in Grand Rapids, Michigan [artprize.org]
The Park Avenue Armory in New York announces an annual commission for it’s Drill Hall, on May 14th its inaugural exhibition will be Ernesto Neto [ParkAvenueArmory]
Christie’s auction house creates a specific unit to divest of corporate art works [Crain’sNY]
On its 5th anniversary, the UK’s Art Council Initiative interest free loan program has supported a total of £10.5 million worth of arts purchases involving 12,500 people [Artscouncil]

Damien Hirst’s custom Harley-Davidson motorcycle via Motorcycle News

Damien Hirst creates a custom Harley Davidson for charity [Motorcycle News]
Lawsuit alleges fraud from Louis Vuitton in Murakami 2007-08 LA MOCA exhibition due to prints being merely “factory leftovers from handbag production” [LATimes]
In related, Murakami protege Mr. collaborates on a Lucien Pellat-Finet clothing collection [Hypebeast]
Following the National Portrait Gallery in London announcing its shortlist of three artists for the 2009 BP Portrait Award, an in-depth article on craft [IndependentUK]
Vacant retail locations as exhibition space in London [GuardianUK]

Alanna Heiss via ArtNet

Alanna Heiss has retired after 37 years of curating MoMA’s PS1; an article on her final show [NYTimes]
$250,000 worth of prints including those by Pablo Picasso, Henri Matisse stolen in Berlin [AssociatedPress]
A chronicle of the rise of auction prices before the fall, and a rumor that 2/3 of the bidders for Hirst’s monumental September auction may not actually pay for the works, and part 2 here [Bloomberg]
A video of  Eric Fischl at Mary Boone [Newarttv]

Egon Schiele’s Portrait of Wally via the ArtNewspaper

US lawsuit filed to confiscate Egon Schiele’s Portrait of Wally from the Leopold Museum in Vienna is suspended [ArtNewspaper]
Art dealers as paparazzi fodder?  White Cube owner Jay Jopling garners attention with singer Lily Allen in St. Barths [TheMirror]
also on the island, dealer Larry Gagosian and the band Kings of Leon fete collectors Roman Abramovich, Dasha Zhukova and Aby Rosen, designer Marc Jacobs, hip hop mogul Russell Simmons, musician Jon Bon Jovi and actor Daniel Craig among others [IndependentUK]
In other art world vacation news, Damien Hirst hires 4 guards formerly in the British Special Forces to protect him during his Mexico holidays [MercoPress]

The Chanel Mobile Art Pavilion via architecturelist

The Zaha Hadid-designed Chanel Mobile Art tour is stopped; London, Moscow, and Paris canceled [ArtInfo]
Emmanuel Perrotin on three current Parisian exhibitions [The Moment – NYTimes]
MoMA to launch two-year series of live performance works [NYMag]
Collector Ronald Lauder interviewed at his Klimt-rich Neue Galerie in New York [Financial Times]
Damien Hirst bans a documentary film of his Statuephilia work [TelegraphUK]
The Velvet Underground’s John Cale will represent Wales at Venice Biennale of Art next year [BBC]
The controversial act of State museums deaccessioning works [NYTimes]
The Getty endowment has declined 25% [LATimes]
Art Info’s Top 5 art world figures of 2008 [ArtInfo]

Still from Kaikai Kiki Animation Episode 1, Planting the Seeds 2007 via LA Times.

Japanese artist Takashi Murakami is set to open an animation studio in Los Angeles next summer, 2009.  The studio, which should accommodate roughly 30 employees, will take up approximately 9,000 square foot (6,220 square feet on the first floor and 2,760 square feet on the second level) in a building on North Highland Avenue and will be operated by Kaikai Kiki, Murakami’s production and management company.

Murakami said in a statement: “This studio represents a great step in the evolution of Kaikai Kiki and gives me a closer proximity to the community of artists with whom I hope to collaborate as I continue my explorations of animated and live-action film.”

The new studio’s first major project will be an animated feature-length film based on the series of  shorts, “Planting the Seeds,” that premiered last winter at Murakami’s MoCA exhibition.  Kaikai Kiki has already produced the music video for Kanye West’s Good Morning (as covered by Art Observed here.)

Murakami, who, like Andy Warhol, is known for blurring the boundaries between high and low art, created the superflat monogram for Louis Vuitton and his animated characters are also featured in Louis Vuitton advertisements.

Murakami animation studio coming to LA [LA Times]

Videos and images after the jump… (more…)

A View of Chanel Mobile Art Pavilion, at Central Park’s Rumsey Playfield, designed by Zaha Hadid, via the New York Times

After stops in Hong Kong and Tokyo (as covered by AO here), the Chanel Mobile Art Pavilion has arrived in New York. The itinerant art exhibit was commissioned by Karl Lagerfeld, the ubiquitous link between the art and fashion worlds, and was designed by Zaha Hadid, a Pritzker Prize winner and one of today’s foremost architects. The pavilion, whose design has most often been compared to a spacecraft’s, is set in Central Park’s Rumsey Playfield, offering a stark contrast to the park’s landscape through Hadid’s compelling use of smooth, white contours that resemble canvas–but are actually made of steel.  Inside the installation, 20 artists display works inspired by Chanel’s coveted, iconic quilted handbag on a chain, also known as the 2.55. Admission to the exhibit is free by making a reservation on-site.

Chanel: Mobile Art
Zaha Hadid: Architect’s Website
A 7,500-Square-Foot Ad for Chanel, With an Artistic Mission [New York Times]
Art and Commerce Canoodling in Central Park [New York Times]
Chanel’s Purse Show Lands in New York With Curves by Zaha Hadid [Bloomberg]
Video: Inside the Chanel Mobile Art Exhibit! [New York Magazine]
FALL GLAMOUR IN NEW YORK [Artnet Magazine]
Karl Called [Park Avenue Peerage]
Chanel Mobile Art Container Lands in Central Park [Unbeige]

(more…)

H BOX, designed by Didier Fiuza Faustino Portuguese, and produced by Hermès International via Bloomberg

Storied french luxury fashion house Hermès International presents the H BOX, a collapsible screening hall designed by Portuguese artist and architect, Didier Fiuza Faustino. The H Box is a traveling screening capsule that exhibits the video art of 8 international artists: Alice Anderson, Yael Bartana, Sebastián Díaz-Morales, Dora García, Judit Kúrtag, Valérie Mréjen, Shahryar Nashat, and Su-Mei Tse. The H Box will be exhibited in the Tate Modern in London until August 17.

Outside The Box [Vogue]
Hermes H Box, Tate Modern [Designtaxi]
The Tate Modern [Tate]
Vuitton’s Richard Prince Bags, Hermes at Tate: Fashion Art [Bloomberg]
Tate’s H-Box screens art films [Digital Arts Online]

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Untitled (cowboy) 1998-99 via Serpentine Gallery

American artist Richard Prince follows his recent Guggenheim retrospective with Richard Prince: Continuation at Serpentine Gallery in London. This show will include recent work as well as Prince’s more established pieces from the past 30 years, such as his cowboy series, where the artist rephotographed and enlarged images of American masculinity from Marlboro cigarette advertisements.

Richard Prince [official website]
Richard Prince: Continuation [Serpentine Gallery]
Richard Prince at the Serpentine [red carnation]
Richard Prince and Marc Jacobs Create Expensive Purses [Elle UK]

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Stephanie Seymour (wife of Art Collector and Art in America owner Peter Brant) in Jeff Koons
for Gap; via Nylon

The Gap, working in close partnership with the Whitney Museum of American Art and the Art Production Fund, recently released a collection of 13 t-shirts designed by contemporary artists who have all been past Whitney Biennial participants. Jeff Koons, Chuck Close, Babara Kruger, Ashley Bickerton, Kiki Smith, Rirkrit Tiravanija, Marilyn Minter, Cai Guo-Qiang, Kenny Scharf, Glenn Ligon, Kerry James Marshall, Hanna Liden, and Sarah Sze are all participating.

Gap Partners with the Whitney to Launch Artist Edition T’s [Gap]
Gap Artist Edition T Shirts [LA Times]
Turning Shirts Into an Artforum [USA Today] (more…)