The Golden Lion for Lifetime Achievement at this year’s Venice Biennale will go to Ghanian artist El Anatsui.  “The Golden Lion Award acknowledges not just his recent successes internationally, but also his artistic influence amongst two generations of artists working in West Africa,” says Biennale Director Paolo Baratta. “It is also an acknowledgment of the sustained, crucial work he has done as an artist, mentor and teacher for the past forty-five years.” (more…)

Christo has announced a new project aiming to create long immense, yellow fabric walkways spanning Lake Iseo in Lombardy, Italy.  The work will be the artist’s largest since his 2005 piece in New York’s Central Park, and the first since the death of his wife Jeanne-Claude. (more…)

The Institut Giacometti, the foundation museum dedicated to the life and work of Alberto Giacometti, is set to open next year in Paris, featuring a meticulous recreation of the artist’s small, 270 square-foot studio.  The opening of the museum is the result of settled disputes over the estate of the artist, as brokered by Institut head Catherine Grenier, former deputy director of the Centre Pompidou.  “When I got here a year ago,” Grenier says, “this foundation was not at all well known, for one essential reason: It was closed to the public. My priority is to make its activities and its extraordinary collection accessible.” (more…)

Piotr Uklanski, The Nazis (1998), via Art Observed

Currently on view at The Metropolitan Museum of Art is a retrospective focusing on the work of Polish-born artist Piotr Uklanski, many of which are pulled from the rarely seen Joy of Photography series that the artist executed in the years following his move to the United States following the fall of Communism. (more…)

The Telegraph looks at the growing competition among the world’s wealthiest for high-priced art trophies as status symbols, and notes the growing trend towards the establishment of non-profit foundations and museums as an even more appealing demonstration of wealth.  “Making your collection available to the public, understanding the journey you have been on, your taste,” says Celine Fressart, head of special projects at 1858 Ltd.  “That, really, is the ultimate in bragging rights.” (more…)

This year’s Armenian pavilion at the Venice Biennale will commemorate the 100th anniversary of the massacre of more than one million Armenians by Ottoman Turks during the First World War.  The exhibition, titled Armenity and held on San Lazzaro degli Armeni island (home to the Armenian Catholic Monastery), will feature works by artist Sarkis, and is curated by Adelina Cüberyan von Fürstenberg, who has often worked with the artist.  “It is very important for me to keep the production going, for culture but also to keep the dialogue open,” Sarkis  says.  “We are the link between two pavilions. We are the breath. Whoever thinks otherwise is free to think so, of course.” (more…)

The New York Times profiles Prada Foundation’s new Milan arts complex, designed by Rem Koolhaas and serving as the arts foundation’s permanent location.  “After more than 20 years of staging exhibitions around the world, my husband said he thought it was about time we do something permanent in Milan,” Miuccia Prada says. (more…)

Online arts auction platform Auctionata has laid off more than half of its employees yesterday, Art Info reports, part of a strategy by the company to focus on cost-efficiency.  Since launching less than three years ago, the company has raised nearly $100 million in capital, including recent funding of almost $50 million. (more…)

The Art Institute of Chicago has received a major donation of contemporary works this week, totaling 42 works valued at over $400 million, including iconic pieces from Andy Warhol, including an Elizabeth Taylor portrait and Mona Lisa Four Times, as well as several “Film Stills” from Cindy Sherman.  “It’s a powerful statement to have a collection of this international stature staying here in Chicago,” says Robert Levy, chairman of the Art Institute’s board. “It’s unbelievably exciting for the Art Institute, for the City of Chicago, for the entire art community of Chicago. It’s all good.” (more…)

The completed Whitney Museum is set to open in a matter of days, and articles in both New York Magazine and the New Yorker are already praising the space for its massive exhibition spaces and intriguing design by architect Renzo Piano.  “The audacity of the building shows that, yes, the Whitney will survive the new era,” writes Jerry Saltz.  “But the better question is whether it has found a way to thrive in it. And, believe it or not, I am in love with what this building represents.” (more…)

The Robert Rauschenberg Foundation is no longer represented by Gagosian Gallery, Artforum reports, a move which ends a partnership first started in 2008.  The organization will now look to Pace Gallery (which represented Rauschenberg later in his career), Thaddaeus Ropac, and São Paulo’s Luisa Strina for worldwide representation.   (more…)

As the Los Angeles County Museum of Art continues its 50th-anniversary acquisitions campaign, the museum announced over $200 million in new art received as “anniversary gifts” to the institution.  A number of the works go on view this week as part of the museum’s “50 for 50: Gifts on the Occasion of LACMA’s Anniversary” exhibition. (more…)

Former Walt Disney President Michael Ovitz has filed a $2.5 Million bad faith breach of contract lawsuit against insurance company American International Group (AIG) and Chartis Property Casualty Co. for allegedly failing to reimburse Ovitz for a lost Richard Prince work.  “While Defendants ultimately acknowledged coverage and full insurance benefits for another loss under almost identical circumstances, Defendants steadfastly, unreasonably, and without probable cause, refused to provide coverage for the loss at issue herein,” and thus represented bad faith, the suit says. (more…)

A new report released by fine art insurance company Hiscox finds that an increasing number of collectors, at least 75% of those surveyed, are viewing online art sales as an investment opportunity.  “I wonder whether this change in attitude is genuine,” says Robert Read, the head of fine art at Hiscox, “or whether it is a dot.com moment where people feel they are missing out if they don’t.”

A thorough forensic study dating Francisco Goya’s private series “Witches and Old Women” has resulted in an exhibition at the Courtauld Gallery in London, showing the works in chronological order for the first time.  “His work is all about capturing that human spark,” says Goya scholar Juliet Wilson-Bareau.  “From his youth onwards, he observed everything that life had to offer. He was utterly fascinated by the human animal form from the word go.” (more…)

An article in Bloomberg this week notes the statement of Laurence D. Fink, head of the world’s biggest asset manager, BlackRock Inc., that contemporary art has surpassed gold as a more secure investment.  “Historically gold was a great instrument for storing of Fink said at a conference in Singapore. “Gold has lost its luster and there’s other mechanisms in which you can store wealth that are inflation-adjusted.” (more…)

The Guardian reviews the ongoing rebuilding efforts at the Glasgow School of Art, after the school’s Mackintosh library was destroyed in last year’s massive blaze.  A fundraising campaign has already launched to help finance a new building, but a debate over rebuilding the space or starting over is currently drawing considerable attention.  “[Mackintosh] was driven by a lifelong search for new forms in architecture and technology and was never a copyist,” architecture professor Alan Dunlop says. “I have no doubt that he would reject the approach of building a replica.” (more…)

This year’s edition of Art Basel in Switzerland will feature a specially commissioned collaborative sculpture and performative work by Rirkrit Tiravanija, architects Nikolaus Hirsch and Michel Müller, and chef Antto Melasniemi, titled DO WE DREAM UNDER THE SAME SKY.   “Creating a place of hospitality, visitors can engage through the activities on offer, such as the drinking of herbal tea plucked fresh from the on-site garden, the preparation and eating of food,” the organization said in a statement. “The food will be rooted in Thai tradition and will be available with no fixed schedule, menu or price list: compensation is self-determined, by self-serving, serving others, donations or even participating in the cooking or washing up.” (more…)

The 2015 Artindex France report, annually released by Art Newspaper sister publication Journal des Arts has been released this week, with Berlin-based, French-Albanian artist Anri Sala topping the list, followed by François Morellet and Christian Boltanski, respectively.  The survey bases its findings on the number of solo exhibitions worldwide, compounded by each venue’s level of recognition and prominence. (more…)

Continuing a week of announcements regarding next month’s auctions, Christie’s has revealed that it has acquired the Sonnabend Collection for its May sales in New York, valued at $50 million.  The Collection has never before been offered on the secondary market.  “Many of Sonnabend’s exhibitions helped determine the course of art history in the late 20th Century,” says Laura Paulson, Christie’s chairman for post-war and contemporary art. “She discovered and promoted some of the most significant artists of her time.” (more…)

Random Darknet Shopper, a robot-based art project designed to randomly shop on Deep Web and black market websites, has been returned to the !Mediengruppe Bitnik collective after being confiscated in Janurary for purchasing MDMA during the piece’s performance.  Any potential prosecution over the work has also been withdrawn.  “The public prosecutor states that the possession of Ecstasy was indeed a reasonable means for the purpose of sparking public debate about questions related to the exhibition,” prosecuting attorneys state.  “The public prosecution also asserts that the overweighing interest in the questions raised by the art work Random Darknet Shopper justify the exhibition of the drugs as artifacts, even if the exhibition does hold a small risk of endangerment of third parties through the drugs exhibited” (more…)

A pair of bills introduced in Congress this week will look to improve artist rights and benefits regarding their works, The Art Newspaper reports.  One bill will look to push for an artist’s resale royalty in the US, bringing the country up to par with current measures being undertaken in Europe, while the second offers a tax deduction of fair market value for artists donating works to museums. Both bills have been proposed before, but have yet to be passed. (more…)

Adam Szymczyk, the director for Documenta 14 in Kassel and Athens has stated his interest in exhibited the full collection of works from the Cornelius Gurlitt trove at the exhibition in 2017.  “I am not interested in an exclusive or first spectacular presentation but I would like to show the entire Gurlitt estate in the political and aesthetic context of Documenta 14,” he says.  “Our exhibition provides a unique and timely public platform for such a presentation.”  (more…)

The Morgan Library has named Colin Bailey as its new director, who has previously served as the chief curator of the Frick Collection.  “We should be able to do a little better,” says Morgan President Lawrence R. Ricciardi. “The programming is there. It’s just a question of getting the word out and getting people in the door.” (more…)