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Archive for the 'News' Category

Hauser and Wirth Building Major New Space in Chelsea

Friday, February 20th, 2015

The New York Times reports that Hauser and Wirth is building a new, multi-story exhibition space on 22nd Street between 10th and 11th Ave, which the gallery will move to following the expiration of its 18th Street lease in 2017.  The building, designed by Annabelle Selldorf, will open in 2018. (more…)

SoCal Institutions Targeting More Chinese American Patrons

Friday, February 20th, 2015

The Los Angeles Times notes that an increasing number of Southern California arts orgs are targeting Chinese-American patrons in their fundraising and outreach campaigns.  “Within a decade from now, there’s no question in my mind there will be major donations to museums and other groups,” says Dominic Ng, chairman and chief executive of East West Bank.  “As Chinese Americans continue to prosper, they will naturally expand their involvement in the community,” he said. (more…)

James Turrell Holding $5,000 per Ticket Fundraiser for Roden Crater

Friday, February 20th, 2015

James Turrell is reportedly holding a fundraiser event at his remote Roden Crater land art project in Arizona, a private opportunity to tour the crater before it is complete that will cost $5,000 to $6,500 per ticket.   (more…)

Gavin Brown Director Bridget Donahue Opens New Gallery in Chinatown

Friday, February 20th, 2015

The New York Times profiles gallerist Bridget Donahue’s new space at 99 Bowery, founded by the former Gavin Brown’s Enterprise director and focusing on a broad selection of artists, including “older, under-the-radar, and anti-establishment” artists.   (more…)

Sotheby’s Faces Call for $500 Million Buyback from Major Investor

Friday, February 20th, 2015

Sotheby’s Investor Mark McGuire, who holds 9.5% of the company, has reportedly demanded that the auction house issue a $500 million stock buyback, appoint a new CFO, and further, accuses them of willful neglect and misguided policies.  McGuire’s letter to the company comes after Sotheby’s placed its new capital plan on hold until a new CEO was found, and places him in opposition to new investor Dan Loeb. (more…)

Kunstmuseum Bern Still Waiting on Gurlitt Art Trove Due to Legal Dispute

Wednesday, February 18th, 2015

Following the death of Cornelius Gurlitt, the works he had willed to the Kunstmuseum Bern in Switzerland have hung in limbo, the subject of a dispute filed by his cousin Uta Werner, which questions the authenticity and authority of his will.  “The Board of Trustees regrets this delay, in particular because it will impede the settlement of restitution cases that have already been clarified and endorsed by the Kunstmuseum Bern, but the circumstances are beyond its control,” the museum said in a statement. (more…)

Munch Museum Looks to Restore Annual Prize

Wednesday, February 18th, 2015

Norway’s Edvard Munch Museum is set to return its annual Edvard Munch prize, following a partnership with partnership with oil and gas corp Statoil.  The award carries a $66,000 purse, and an exhibition at the museum.  “It is very important not to focus too much on Europe and the US when looking for candidates,” says director Stein Olav Henrichsen, who is focusing internationally for both his panel of judges and potential recipients. (more…)

Armory Show Announces 2015 Special Projects

Wednesday, February 18th, 2015

The Armory Show has announced the artists for its Special Projects section at the 2015 edition of the New York Fair, which opens in two weeks.  Projects include a limited edition series of potato chip packets by commissioned artist Lawrence Abu Hamdan, unobtrusive fencing installations by Abbas Akhavan, and more.   (more…)

Pierre Huyghe Wins 2015 Kurt Schwitters Award

Wednesday, February 18th, 2015

The 2015 edition of the Kurt Schwitters Award, which comes with a $28,000 prize an an exhibition in the Sprengel Museum Hannover, has been awarded to Pierre Huyghe.   (more…)

Manhattan Dealers Move Towards Flower District

Wednesday, February 18th, 2015

The Wall Street Journal evaluates the trend towards galleries moving into Manhattan’s flower district, as many dealers tire of the rapidly increasing rents and steady stream of towering condos.  “The spirit of the neighborhood is dramatically changing,” says Casey Kaplan. “A lot of the conversations I’ve had with artists have been about wanting to break out of the art mall and have a different experience.” (more…)

Photographer Sends Cease and Desist to Gagosian, Richard Prince Following Instagram Exhibition

Tuesday, February 17th, 2015

Photographer Donald Graham has sent a cease and desist letter to Richard Prince and Gagosian Gallery, after a work of his ended up in Prince’s recent show of Instagram appropriations.  Interestingly enough, the work itself was already used without license on user @rastajay92’s account, which is the image Prince apparently printed. (more…)

Bloomberg Looks at Speculation and Risk in Art Investing

Monday, February 16th, 2015

An article in Bloomberg this week looks at booms and busts in the art market as tastes change, and the real impacts speculation and economic strength has on artists’ careers.  “There’s even more speculative buying and more gamblers than ever,” says collector and dealer Adam Lindemann. “But they’re not going to want to buy the artists that busted. They’re going to want to buy the deals today. They want to move on.” (more…)

MoMA Releases Trailer for Björk Exhibition

Monday, February 16th, 2015

MoMA released a video trailer for the upcoming Björk retrospective and video installation next month, which will take the name Black Lake from one of the songs off the artist’s most recent album, Vulnicura.  The exhibition opens March 8th. (more…)

Centre Pompidou Announces Plans for French Pop-Up Museums

Monday, February 16th, 2015

The Centre Pompidou has announced plans for a series of pop-up exhibitions taking place across the nation of France, with cities able to apply to host a four-year temporary exhibition space operated by the Paris museum.  “We will soon launch an open call for candidates,” says a museum spokesperson. (more…)

MoMA To Keep Matisse ‘Swimming Pool’ on Permanent View

Monday, February 16th, 2015

Following the success of its exhibition Matisse: The Cut-Outs, MoMA will return Henri Matisse’s full room installation The Swimming Pool to its permanent collection galleries, beginning in April.  “MoMA’s viewers will now be able to encounter this important work in the context of the museum’s collection,” says exhibition co-curator Karl Buchberg. (more…)

Tom Sachs to Release Film “A Space Program”

Monday, February 16th, 2015

Artist Tom Sachs has announced the release of A Space Program, a narrative film made in conjunction with his 2012 Space Program: Mars project at the Park Avenue Armory.  The film will premiere next month at SXSW in Austin.   (more…)

Head of Moscow State Tretyakoff Gallery Dismissed

Monday, February 16th, 2015

Irina Lebedeva, the head of Moscow’s State Tretyakoff Gallery, has been dismissed by the government following criticisms over her leadership on expansion projects and a number of other various complaints.  “The construction of the second wing has dragged out, there are scandals around the museum, which has yet to create comfortable surroundings for visitors, schoolchildren, students, and facilitators,” says Mikhail Bryzgalov in a statement. (more…)

Freer Gallery of Art in New York to Undergo Renovations

Monday, February 16th, 2015

Smithsonian outpost The Freer Gallery of Art in New York will close next January for renovations, a major project that will add additional lighting and updated technological capabilities for the museum.  “Some of it will be very subtle, but we are trying to take it back to the way it opened in 1923,” says Katie Ziglar, director of external affairs. (more…)

Trial Ends for Former Picasso Electrician, Sentence Due Next Month

Monday, February 16th, 2015

The hearing over Danielle and Pierre Le Guennec’s alleged theft of Pablo Picasso works has concluded, with the prosecutor calling for a suspended five year sentence.  The final verdict and sentencing is set to occur next month.  “The Picasso that I know did not separate himself from his work,” says Anne Baldessari, the former director of the Musée Picasso in Paris, told Art Newspaper. “It would be like ripping off his skin.” (more…)

Creative Time to Take Over Some Of Central Park this May

Monday, February 16th, 2015

Creative Time has announced a new project set to open this coming may, Drifting in Daylight, which will install a series of works through the winding pathways of Central Park in New York.  “The six-weekend show will tempt visitors to transcend their busy lives, losing themselves along a playful trail of sensory experiences,” the project website says. (more…)

Jeff Koons Louvre Show Canceled

Monday, February 16th, 2015

A Jeff Koons exhibition planned to open this year at the Louvre has been canceled after a reported “lack of funding,” according to Artforum.  The exhibition had been previously reported to consist of a number of the artist’s balloon animal sculptures. (more…)

Hollywood Talent Agency to Begin Representing Artists

Monday, February 16th, 2015

Beverly Hills-based United Talent Agency has announced that it is launching a new wing focused on fine art, which will be headed by lawyer Josh Roth.  While the agency has no plans to broker sales, it will focus on many tasks traditionally handled by galleries, such as managing financial negotiations, overseeing commissions, and other tasks.  “We believe there is room for a serious, professional representation structure in the art world, one that helps artists gain greater control of their careers and opens the doors to new and better opportunities,” Roth said in a statement. (more…)

$540 Million Invested in Sotheby’s in Recent Weeks, Skate’s Reports

Monday, February 16th, 2015

A recent report by Skate’s has indicated that investors are directing major attention towards Sotheby’s as Vanguard Group, Morgan Stanley and BlackRock have collectively acquired around 18% of the company in the past weeks bringing over $540 million in investment capital with them. (more…)

Former Paris Home of Balthus Hits Market for $9 Million

Friday, February 13th, 2015

The Cour de Rohan that once was the home of the artist Balthus is currently on the market in Paris, the Wall Street Journal reports.  The four bedroom, four bathroom apartment with a secluded courtyard is being offered for about $9 million. (more…)