Marina Picasso, the granddaughter of Pablo Picasso, is selling off over $290 million in works from her personal collection of her grandfather’s works, including Portrait de femme (Olga), valued at about $60 million, and Maternité, which is valued at around $54 million. (more…)

Artist Tania Bruguera has been freed following three consecutive detentions, and is planning to fight her imprisonment in both Cuba and at the UN.  “This served to unmask everyone,” Bruguera said in an interview. (more…)

Marcel Duchamp, 3-Mending Standard (1913-1914 / 1964), via Sophie Kitching for Art Observed

Few artists have left such a mark on the history and direction of 2oth and 21st Century art in the same manner as Marcel Duchamp, the French artist who was at the forefront of revolutions both on and off the canvas in the first half of the century.  Taking this impact as a starting point, the Centre Pompidou is currently presenting Marcel Duchamp: La Peinture, Même, an exhibition exploring the artist’s early roots in painting and drawing, and how these stylistic leanings contributed to his later work in the development of the readymade, installation based work, and other conceptual pursuits. (more…)

A Federal court ruled in favor of Christo’s currently delayed Arkansas project this week, defeating a group of activists claiming that the work was an environmental threat.  “We have one lawsuit in state court still outstanding, but today we took a very significant and important step forward in realizing Over the River,” Christo said. (more…)

Martin Puryear, Big Phrygian (2010-2014)

One of the foremost American sculptors from the second half of the 20th century, Martin Puryear has established himself as one of the canonic names of Modernist sculpture, merging Minimalism with labor intensive craftsmanship throughout his forty-year long career. The artist is currently presenting a new exhibition at Matthew Marks in New York, featuring ten new works reflecting the artist’s interest in political history, while remaining loyal to his abstraction-driven practice and his approach towards materiality, not only as means of production but also as a specific method of artistic expression. (more…)

The New York Times takes a look at the changing atmosphere of China’s contemporary art market, and interviews some of the players driving the market’s new focus on emerging artists.  “Buying a work of contemporary Chinese art is buying a little piece of history and a window into how society is changing,” says Tom Pattinson, Director of Surge Art. (more…)

Christie’s Old Masters Week sale later this month will feature a rare early Caravaggio, titled Boy Peeling a Fruit.  The work is valued at $3 million to $5 million. (more…)

Global art sales topped $16 Billion in 2014, according to the new figures released this week by Artnet, with Andy Warhol at the top of the list of top-selling artists for his $653.2 million in sales.  “The headline number is not so much a comment on the art market as it is on global wealth,” says Jeff Rabin of advisory firm Artvest Partners. “We haven’t seen a considerable increase in the number of objects sold. We have seen price appreciation at the top end.” (more…)

Luc Tuymans is profiled in the Financial Times this week, as the artist prepares to open a new show of works at David Zwirner London.  “Realism, modernism, postmodernism, post-postmodernism: that is a discourse for people who have no visual sense,” Tuymans says. “I mean, these people have to get by. I still indulge in the perversity of painting, which remains interesting.” (more…)

With two art fairs this January, Los Angeles is making a play as one a global city for fine art, preparing to open Art LA in two weeks, and Art Los Angeles Contemporary  later this month.  “In the short span of six years, Art Los Angeles Contemporary has managed to turn an otherwise anti-art-fair town into a place where both emerging and established galleries from around the world can connect with an important West Coast audience,” says art attorney Joshua Roth. (more…)

Google is rolling out a new tech platform designed to make museum exhibitions around the world easily available to users, using a combination of technologies including Street View and YouTube.  “Users can use the app to experience virtual tours at home, or they can use it to enhance at the museum,” says Product Manager Robert Tansley. (more…)

Art News previews the selection of solo shows and specially focused exhibitions that will be on view at March’s ADAA Art Show at the Park Avenue Armory, including Haim Steinbach at Tanya Bonakdar, Michelangelo Pistoletto at Luhring Augustine, and a show of Arte Povera works at Marian Goodman. (more…)

Hiroshi Sugimoto, Birds of the Alps (2012), via Pace London

Hiroshi Sugimoto returns to Pace London this month, presenting a new body of work from his long-running Dioramas series, and exploring notions of the fossil as both an artifact and a contemporary object through his cunningly arranged photographs. (more…)

Marcel Duchamp, Comb (1916), via Andrea Rosen

Taking its title from Immanuel Kant’s Critique of Pure Reason, Andrea Rosen Gallery is currently presenting a small exhibition of works incorporating readymade materials, minimalist techniques and surrealist tropes to explore notions of form and execution as only a medium for the transmission of deeper understandings of the work at hand. (more…)

Converse has offfered the first images from its upcoming series of Andy Warhol-inspired Chuck Taylors, featuring iconic imagery from the artist’s career.  The collection, which features a number of recognizable Warhol screenprints, will be released in January.   (more…)

Juan Muñoz, Thirteen Laughing at Each Other (2001), all photos via Osman Can Yerebakan for Art Observed

Marian Goodman Gallery is currently presenting a selection of Juan Muñoz’s expansive body of work, with a particular focus on the late artist’s works between 1984 and 2001. Curated by Russell Ferguson, the exhibition encapsulates the influential sculptor’s visceral, vibrant sculptural technique in which a peculiar buoyancy is transferred through narratively mute representations. (more…)

The New York Times profiles movie producer and collector Stefan Simchowitz, who has drawn sharp criticism from many market insiders for his approach to patronage and collecting emerging artists.  “I’m looking for the big fish,” Simchowitz tells the New York Times. (more…)