The European Fine Art Fair, which opened its doors to VIP buyers today in the Netherlands, is offering over $5.2 billion in museum-quality artwork and antiques this year, including a “reasonable” $14 million painting by Velzaquez. “Collectors, or more generally rich people, will continue to buy what the market considers are the best pieces,” says art adviser Henry Bounameaux. “At fairs like Tefaf, they feel secure.” (more…)
Rembrandt’s portrait of an unknown man via Times Online
Estimated at £25m, a portrait by Rembrandt is expected to raise a record price for the artist at Christie’s in London [Guardian UK]
Despite crisis, Mikhail Piotrovsky- the director of the Hermitage Museum in Saint Petersburg is planning an expansion, reinstallation and several new international venues [ARTnews]
Tate’s plan to increase display space by 60% is challenged by a £140m shortfall; donation for the past year amount only to £4m due to recession [The Independent] in related Tate announces upcoming exhibitions of Gauguin, Picasso and Chris Ofili [Guardian UK]
More on ex art-dealer Anthony d’Offay, who traded a $160m profit for a chance to provide the British public with an access to contemporary and modern art [Bloomberg]
Reuters Felix Salmon calls on Bloomberg’s Scott Reyburn who claims that Damien Hirst’s sales are recovered to levels seen at peak of the art market boom; Salmon claims the analysis by Reyburn is unsubstantiated [Reuters and Bloomberg via ArtMarketMonitor]
Ai WeiWei via Twitter
Ai Weiwei publishes on twitter images of himself going in for surgery after undergoing an attack by Chinese police [The Art Newspaper]
RoseLee Goldberg, Performa’s founding director, reads an excerpt from the Futurist Manifesto, announces details and gives hints about the surprise performances and their locations [Artinfo]
The director of the MET, Thomas Campbell, shares that the painting reattributed to Velazquez last week, “Portrait of a Man”, may soon travel to the Prado Museum in Madrid [ArtDaily]
More on the Artist Pension Trust, an investment vehicle that provides artists, who rarely engage in financial planning, with financial security when they retire [Guardian UK]
An antique shop in New Mexico put on sale a Van Gogh sketch for his painting Night Cafe, from a May 13 burglary, worth $250,000-1million, for $250 [Artinfo]
Caravaggio, The Supper at Emmaus via Artinfo
The National Gallery in London is sending Caravaggio’s The Supper at Emmaus to be exhibited at the Art Institute of Chicago from October 10, 2009 to January 31, 2010 [Fine Art Publicity]
Since Thursday, 110 galleries, most of them in Chelsea opened their doors to the new art season, showcasing what sells, what is missing on the art scene and which gallery spaces are more beneficial to the sales [New York Magazine]
Pope Benedict XVI organizes an art summit reaching out to 500 contemporary artists to reunite in Vatican [BBC via Art Market Monitor] in related After his initial refusal to participate in Vatican’s art initiative, that will attempt to reestablish the dialogue between spirituality and art, Bill Viola rearranges his schedule and accepts Pope’s invitation [Artnet]
Curator of Modern and contemporary art at Menil Collection, Franklin Sirmans will be appointed chief curator oc contemporary art in LACMA and will assume his position in January [Culture Monster]
Anish Kapoor via Times Online
After an attempt to investigate the very nature of the scale of Anish Kapoor’s work and the man behind the work in an article published last week, Times Online writes on Anish Kapoor’s retrospective, providing a survey of the artist’s career, at the Royal Academy [Times Online]
An interview with Turner Prize winning video artist Steve McQueen where the artist speaks of his childhood, artistic influences, his musical preferences and view on art world and Artist Yoshimoto Nara speaks of musical, artistic and personal influences on his work [Guardian UK]
Velazquez, Las Meninas via The Wall Street Journal
Velazquez’s “Las Meninas”- an enigmatic work that has contributed to the shift of its very medium from the realm of craft to that of art [The Wall Street Journal]
Marlene Dumas, Tracey Emin, Marc Quinn, Antony Gormley and other contemporary artists donating works to Sotheby’s “Art for Africa Auction” on tonight [ArtDaily]
September 16, at the Guggenheim International Gala, a $1.2m Ellsworth Kelly painting received by the Museum as a gift was auctioned [Auction Central News]
The life and death of Dash Snow [Guardian UK]
Art critic, Holland Carter, proposes smaller and more smartly curated shows to take place of large blockbuster exhibits [The New York Times]
A new 37,000-square-foot outdoor space is lent temporarily to Lower Manhattan Cultural Council for exhibitions and performances by developers postponing their building projects, hence the name- LentSpace [The New York Times]
Richard Serra, Shift (Detail) via Arts Journal
As a 1970 iconic earthwork by Serra outside Toronto remains endangered, a litigious battle concerning access to and protection of the artwork continues [Arts Journal]
New York’s Armory show will move in geographic pattern from representing one city to another, its first choice is Berlin [Lindsay Pollock]
A short interview by brothers Jake and Dinos Chapman, discussing their drawings [Guardian UK]
David Zwirner is to be the first dealer to solely represent The Estate of Dan Falvin [David Zwirner]
New works by Julian Schanbel, Paul Chan, John Currin and Francesco Vezzoli are currently on show at New York’s Metropolitan Opera in an exhibition inspired by Mary Magdalene [metoperafamily.org]
Book review: “I Sold Andy Warhol (too soon)” by Richard Polsky [WallStreetJournal]
Zac Posen, RTW Spring 2010. Via WWD.com
Rosson Crow designs floral prints for Zac Posen’s Spring RTW collection [wwd.com]
Julian Schnabel is selling pieces from his art collection, including work by Picabia, Braque and Balthus to finance his divorce [New York Post]
The Roman Empire – Russia’s Roman Abramovich’s toychest of expensive things, inlcuding works by Francis Bacon and Lucien Freud, is examined [Wall Street Journal]
Sales of Chinese art at Sotheby’s Total: $15,532,479 Exceeding Expectations [ArtDaily]
The king of Japanese Contemporary Art, Takashi Murakami, speaks openly about the state of the art market, his legacy and his upcoming plans [Artinfo.com]
An encounter with Takashi Murakami in the Boom Boom Room at the Standard Hotel, New York following his opening at Gagosian Gallery in Chelsea [NYTimes]
Marc Quinn’s Blood Head Self-Portrait displayed in a refrigeration unit at The National Gallery in London via Guardian
Titian, Diana and Acteaon via Artdaily
In related, Titian’s Diana and Acteaon, one of the six large-scale mythologies inspired by Ovid, acquired by The National Gallery in London, is to be displayed at Trafalgar Square [Artdaily]
Three paintings attributed to Adolf Hitler were sold at Weidler’s auction house in Germany for an accumulative price of $60,000 to three phone bidders [The New York Times]
The Museo National del Prado’s is exhibiting 2 Sorolla paintings of the Fanjul family that were illegally confiscated by the Cuban government which may cast the museum’s directors legal bind [Reuters]
A private European collector helps settle a 7-Year discord between the Swedish Moderna Museet and heirs of a Jewish businessman over a Nazi-looted Nolde painting and in related, Dutch Museums will return 13 artworks lost during Nazi occupation to heirs of Jewish collectors [Bloomberg]
Velázquez, Portrait of a Man via The New York Times
After restoration and cleaning of “Portrait of a Man” in MET’s collection, the author of the painting attributed to Vélazquez’ workshop is confirmed to be Vélazquez himself [The New York Times]
Phillips de Pury auction house, known for its focus on contemporary art, is adding 18 new sales for the upcoming year and a half [The Wall Street Journal]
As the market fluctuates, art collectors seize opportunities of investment, yet the auction market based on no identical units, making calculated predictions almost impossible, turn investing into gambling [NYTimes]
The Glyndebourne Opera House, England to sell a painting by the Italian Old Master, Domenichino; estimated at $16.5 million [Bloomberg]
Bill Viola declines an invitation to participate in a culture summit, organized by Pope Benedict XVI in an attempt to reconcile spirituality and artistic expression, supposedly due to the artist’s disagreement with policies put forth by the Vatican and the Catholic Church [Artnet]
Six of the missing works by Andy Warhol via Telegraph
$1million is being offered for a lead to locating the “Athletes” series by Andy Warhol from Richard Weisman’s collection that has been stolen from the collector’s Los Angeles residence [Telegraph]
Pencils from an installation by Damien Hirst were stolen by a 17-year old artist named Cartrain [The Independent] who had been stripped of his artwork for incorporating Damien Hirst’s ideas into his collages [ArtObserved]
“You can be immortalized in an artwork” says Damien Hirst in his search for a numerous sets of identical twins to literally become part of his artwork at Tate Modern [Guardian]
Charles Saatchi with his wife Nigella Lawson via The Independent
“My Name is Charles Saatchi and I am an Artoholic”, a book written by Charles Saatchi, who almost never gives interviews, is released without a loud PR campaign and is written in a format of potential interviewer’s questions and answers [Guardian UK]
Aleksandra Mir’s installation at Collective gallery in Edinburgh consists of rows of a limited edition cookbook titled “The How Not to Cookbook: Lessons Learned the Hard Way” [The Moment]
German police uncover a thousand fake Giacometti bronzes in the possession of a man who tried to sell them as originals [Art Market Monitor]
An editorial on the state of galleries dictated by the financial market provides an encompassing snapshot of what a gallery represents in the art-world and how it is likely to function in the current economic condition [NYTimes]
Bruce Nauman’s skywriting fittingly reads “Leave The Land Alone” via Los Angeles Times
On September 12 in Pasadena, artist Bruce Nauman realized his skywriting project, reading Leave the Land Alone, after a 40 year wait [Los Angeles Times]
Frédéric Mitterrand’s appointment to the post of French minister of culture is well received by most for his extensive previous background and involvement in the world of art and culture [The Art Newspaper]
London’s Outset Contemporary Art Fund brings artwork to a fair to be seen publicly and then purchased by the Tate [Bloomberg]
The story of Tony Shafrazi, art terrorist and later gallerist [Artnet]
A view of Sol LeWitt’s unveiled mural at 59th street via Gothamist
Sol LeWitt’s mural, comprised of 250 porcelain tiles, is installed at Columbus Circle subway station in Manhattan[Lindsay Pollock]
Run by oligarch Viktor Pinchuk, the PinchukArtCenter in Kiev announces a new art Prize and the shortlisted 20 nominees [ArtReview]
Gagosian’s plan for a gallery in Paris’ prestigious 8th arrondissement promises to gain instant success by providing access to Picasso’s work [Bloomberg]
In related, Gagosian is to open a bookstore on Madison avenue in Manhattan selling books, catalogues, magazines and Jeff Koons puppy vase that come in an edition of 3,000 [Art fag City]
UBS, a global financial services firm, is to close its gallery in Manhattan in an attempt to cut back on costs [Artinfo]
A photograph of Emmanuel Perrotin via The Selby
The Selby visits Emmanuel Perrotin at his gallery in Paris [The Selby]
Research shows that visitors to museums housing modern art are likely to respond emotionally, while those viewing ancient artworks are more prompt to describing their experiences in more cognitive terms [Miller McCune via Artinfo]
“The Art of the Steal”, a documentary film by Don Argott, explores the Barnes Foundation, a Post-Impressionist and early Modern art collection [The New York Times]
John Currin interviewed by Glenn O’Brien speaks about art, the art market and shares personal stories [Interview Magazine]
The rating service Moody’s estimates the current financial troubles and hence auction market distress to persist and drops Sotheby’s corporate credit rating by one level [Bloomberg]
Kara Walker’s participation in Whitney’s Biennial is manifested in an email correspondence with the organizer of the show documenting the artist’s refusal to participate in the Biennial [Artnet]
Centquatre art space in Paris via The Daily Undertaker
A site of the Municipal Funeral Services in Paris is now turned into an arts center providing the capital’s northern reaches an art initiative it has been lacking [Financial Times]
A survey of artistic practice based on technology and its move towards the usage of the Internet as means of expression [The New York Times]
Thomas Campbell, director of Met, shares his plans for the museum in an interview with The Art Newspaper [The Art Newspaper]
American artist Greg Wyatt’s 22-thousand-pound bronze sculpture “Two Rivers” is being transported to Piazza della Signoria in Florence, “the soul of the world of sculpture,” where it is to become the first American displayed at that location [Bloomberg]
An interview with the billionaire philanthropist Eli Broad, who spoke about democratization of art and educational reforms [The Wall Street Journal]
