The Hirshhorn Museum with proposed “bubble” in Washington, D.C. via Washington City Paper

A high-tech, futuristic design for a meeting hall in the Hirshhorn Museum at the National Mall in Washington, D.C., is making headlines this week across the art community. The proposed “bubble” would constitute dimensions of 145 feet and swell out like a balloon from the primary structure, inflating during the months of May and October and collapsing for the duration of the year. Advocating for the design, Hirshhorn Museum Director Richard Koshalek insists that it will not detract from the museum’s most valuable possession: its art [Washington Post].

Fernando Botero via Art Daily

Fernando Botero criticizes the art awarded by the $50K prize bearing his name, and the administrators of the prize decide to cancel it as a result [ArtDaily]

to stay apprised of the latest relevant news of the art world…

(more…)

Le Rêve, Pablo Picasso (1932) via Ocasionalidades

The $139 million Picasso painting, Le Rêve, that was damaged in 2006 by billionaire Stephen Wynn will be publicly shown for the first time since the accident at Acquavella Galleries in New York City.  Stephen Wynn, the operator of a Las Vegas casino and one of the most significant art collectors in the world, damaged the Picasso painting when he accidentally bumped it with his elbow back in 2006, only hours after agreeing to sell it to Steven Cohen for $139 million.  The sale was canceled due to the damage of the painting.  Since then, the painting has been repaired and will be included in the upcoming Picasso exhibit opening October 15 at Acquavella Galleries. The exhibit will include an estimated $500 million worth of artwork, much of which is not for sale.

Watch Those Elbows: Wynn’s $139 Million Picasso Joins N.Y. Show [Bloomberg]
Acquavella To Show Wynn’s Damaged Picasso [NYSun]
Steve Wynn’s Repaired Picasso Joins New York Show [Artinfo]
The $40-Million Elbow [New Yorker]

(more…)