Artist Mark Bradford will open Hauser & Wirth’s new gallery space in Hong Kong, the Art Newspaper reports. “Venice created an entirely new and huge wave of interest for one of the most relevant artists of our time, not only from mainland China and Hong Kong but also wider Asia, including Indonesia, Taiwan and Japan,” gallery president Iwan Wirth says.  (more…)

The Broad is opening a massive retrospective of the work of Jasper Johns, the first in the U.S. in 20 years, LA Times reports. “We already know that there’s strong buzz for this show,” director Joanne Heyler said. “And it’ll only get stronger as we get closer, as the exhibition approaches. It’s extremely rare to bring a full survey of this artist’s work — so rare that it hasn’t happened in over 50 years in Southern California.” (more…)

Vanity Fair has a piece this week on how institutions in Southern California are planning and adapting to the increasingly frequent wildfires in the hills of the region. “After this, what else is there to burn? It’s demoralizing. I’ve had it with the fires,” says collector Jim Lichtman. (more…)

The Cultural Development Fund of New York City’s Department of Cultural Affairs has received over $40 million in funds this year, including funding for Mayor DeBlasio’s CreateNYC plan. “Together with our partners in City Council, we’re taking steps to ensure New Yorkers in every corner of the city are able to participate in our unrivaled cultural life,” the Mayor said. “CreateNYC gave New Yorkers the opportunity to speak up and be heard, and now we’re building on our long history of supporting the arts while directing new funding to communities where it can do the most good.” (more…)

The annual Condo gallery exchange project has announced the lineup for its next iteration in London, with Société, Misako & Rosen and 25 other galleries from around the globe coming to the British capital.   (more…)

The heirs of investment banker Kurt Grawi, are demanding the city of Düsseldorf hand over a 1913 painting of foxes by Franz Marc that they claim was taken from Grawi as Nazi loot. “My husband’s family had to sell everything of value in Nazi Germany in order to pay for the discriminatory and confiscatory charges on Jews and for the costs of their emigration,” says Ingeburg Breit, Grawi’s Hamburg-based daughter-in-law. “That is how the painting was lost.” (more…)

Artist and architect Hiroshi Sugimoto has been hired to redesign the lobby and interior entrance of the Hirshhorn Museum in Washington D.C.  “The lobby was always thought of as a light box by [original designer Gordon] Bunshaft,” says Museum director Melissa Chiu. “We gave Sugimoto the opportunity to think of the Hirshhorn not just as a museum space but also as a public space.” (more…)

W Magazine has an interview with designer Miuccia Prada this week about her recent collaboration in Miami with Carsten Höller, and her passion for collecting.  “It’s difficult to summarize a life interest in a few words, but, of course, art has been part of the search and truth in my life,” she says. (more…)

The NYT spotlights a new exhibition project in Antwerp, a disused brewery taken over by dealer and designer Axel Vervoodt. “It’s about creating the best place for art,” he says. “I fell in love with the distillery building. Industrial architecture is real, and it just wants to be useful. It’s very spiritual, intimate and religious, but I don’t know what religion.” (more…)

San Francisco has announced the shortlist for a series of installation commissions on Treasure Island, with Ai Weiwei, Antony Gormley and Hiroshi Sugimoto among those being considered. (more…)

Beth Rudin DeWoody gives the New York Times a tour of her new project, The Bunker Artspace, which has made its home in West Palm Beach. “I’m just a hopeless and perpetual collector and I know I’ve overdone it,” DeWoody says, “but it’s just very hard for me to say no.” (more…)

Damien Hirst is featured in a lengthy profile this week in The Times of London, as he looks back at his exhibition in Venice this year, and its reception. “I only ever did one show where I got slagged off and I agreed with it and felt terrible,” he says. “I think you’ve got to be in a strong position to deal with the barrage of negative press.” (more…)

Michael Krebber is featured in the latest installment of a Bloomberg series spotlighting young artists with strong market potential this week. “I find the group of collectors who buy his work are incredibly devoted,” says adviser Eleanor Cayre. “This group only seems to be getting larger and larger, particularly now as we’re seeing many museums and institutions joining the fray.” (more…)

The Tate Modern is embracing works dealing with forced migration and sexual brutality in its new Tanks space, unveiling a pair of works by Emeka Ogboh and Amar Kanwar. “You also want your art shown properly and Tate can do that,” Ogboh says of his monumental piece. (more…)

Clearing Gallery has opened a new space in New York City, setting up a second location at 43 East 78th Street. “We have private dealers, galleries, and museums around, so it’s a super location,” says gallery owner Olivier Babin. “As much as Bushwick is off the beaten path, this is in the center of everything. I mean, we’re across the street from the Carlyle!” (more…)

A new study finds that few American art collectors sell their works once they have purchased them, the New York Post reports. “Collectors don’t apply the same principles to buying art that they would to a typical investment portfolio of stocks and bonds,” says John Mathews, head of private wealth management and ultra-high net worth at UBS Americas. “It is important, however, to institute management structures to ensure their legacy remains protected, correctly valued and insured.” (more…)

The Getty has survived a week of chaotic wildfires, keeping its collection intact while flames raged around the museum by wetting the surrounding hills with water and closing off all air intake valves. “By putting all these bells and whistles in, we are able to wet down our hillsides, close intake valves and keep smoke and debris out,” says Linda Somerville, assistant director of insurance and risk management for the J. Paul Getty Trust. (more…)

The Frick Collection has acquired its first work since 1991, a 7-feet-tall portrait of Prince Camillo Borghese by François-Pascal-Simon Gérard, Artforum reports. “The last opportunity the Frick had to purchase a major French School painting was nearly thirty years ago, with the acquisition of [Jean-Antoine] Watteau’s Portal of Valenciennes,” director Ian Wardropper says. “Today, it is deeply rewarding to have the rare opportunity to bring to the museum such an important work as this one, a historic portrait we feel would have compelled Henry Clay Frick. While the portrait has been shown in Rome, it has never been seen publicly in America.”

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Dutch aristocrat Baron Willem van Dedem’s donation of four Old Masters paintings will go on view at the UK’s National Gallery this week. “We are honored that the National Gallery acknowledges the quality and rarity of these four paintings that our father and grandfather collected over a period of more than 50 years,” says the baron’s son, Frits van Dedem. “It gives us great pleasure that the gallery has decided to showcase these extraordinary works of art with the public.” (more…)

China has lifted an 11-month ban on South Korean art that was the result of a U.S.-installed anti-missile system in the country. “It is not surprising that exchanges in art are affected by political issues. Diplomacy and politics are always stronger than art and culture. What was surprising was that, this time, the ban and embargo were so strong and visible,” says Eun Yong Kwon, a visual arts planner at the Korean Arts Management Service in Seoul. (more…)

Artist Carsten Höller will build one of his signature slide works at Bonn’s Bundeskunsthalle next year, Art Newspaper reports. Höller, who has built several of these slides at various museums around the globe, has billed this one as “an efficient, environmentally friendly and time-saving means of transport.” (more…)

A group of artists have signed an open letter to Documenta, offering alternatives and critiques of the exhibition’s profit motives and economic structure. “We are compelled to write to propose an improved structure for Documenta that does not prioritize revenue above all other priorities, and defends its future artistic and curatorial autonomy and progressive political mission,” the letter reads. (more…)

A group of over 100 artists, writers and critics have signed an open letter condemning Donald Trump’s decision to recognize Jerusalem as Israel’s capital. “We reject Trump’s collusion with such racist manipulation and his disregard for international law,” the letter reads. “We deplore his readiness to crown the Israeli military conquest of East Jerusalem and his indifference to Palestinian rights.” (more…)

Spanish law enforcement has seized a selection of paintings and artifacts  from the Lleida Museum in Catalonia this week, continuing fierce tensions in the region over Catalonia’s attempted independence from Spain. “Aragonese authorities have a great interest in recovering pieces in Catalan museums, but have no desire to recover other objects from Sijena that are, for instance, in the Prado in Madrid,” says Santi Vila, Catalonia’s former cultural minister. “Why? For political reasons.” (more…)