Jeff Koons’s giant rabbit at the Covent Garden in London via Hypebeast

A giant helium-filled Jeff Koons balloon made its UK debut on October 8th, the inflatable rabbit floated above central London, it will be displayed in Covent garden [The Independent]
Coinciding with the Frieze fair, the 10th Turbine Hall commission launches, Baldessari’s retrospective opening the same day, Hayward Gallery presents Ed Ruscha, Turner Prize coming up and many other shows and openings, turn London into the center of attention [Guardian UK]
Frieze art fair excites not merely the International art scene, but also the social diaries of those who like to mingle with the rich and famous [Guardian UK] the contemporary art event even has installations to turn its visitors into the subjects of the artwork. [The Independent] Only displaying works by contemporary living artists, Frieze has been considered 1-dimensional in the past. Frieze helps London take over the art world in October [The Independent]- but not without competition, as FIAC, the Parisian fair, is to begin next week and may steal the battle as art collectors in today’s economic climate are forced to pick which fairs they will be attending [The Wall Street Journal]

Unrecognized work by Leonardo Da Vinci via Antiques Trade Gazette

A drawing sold at auction for $19,000 in the late 1990s is now attracting attention for its authorship, if by Leonardo Da Vinci, a theory that recent research strongly suggests, the work could be worth as much as $147 million [Bloomberg]
The Wapping Project in London, often compared to Tate Modern, is expanding with the opening of the Wapping Project Bankside- a new gallery reminiscent of a New York loft to feature film, video and photography almost “a stone’s throw” from Tate [The Moment]
The Whitney Museum of American Art’s plans for a second Renzo Piana location have advanced [The New York Times]

To stay apprised of most of the relevant art news for this past week … (more…)

Portrait of Pastor Swalmius, Rembrandt via BBC

Royal Museum of Fine Arts in Antwerp restores the “Portrait of Pastor Swalmius” and discovers it is Rembrandt’s creation, as such, the value of the work increases from $1.4 million to $28 million [BBC]
Russian Minister of Culture, looking for $100m to fund the development of a museum of contemporary art in Moscow, turns both to governmental support and private investors [Art Info]
The destruction in fire of Peggy Cafritz’ Collection mourned not only by her, but also by museums and galleries that recognized its value [The New York Times]
This Thursday night, Artist Duke Riley planning a naval battle for Queens Museum of Art gets support from volunteers, the event titled “Those About To Die Salute You” promises to be the city’s art party of the summer [Wall Street Journal]
A major site-specific sculpture installation by Anish Kapoor will be at Guggenheim for the Museum’s 50th anniversary [Guggenheim]
An $150,000 Philadelphia art prize announces finalists and boasts being the largest prize given for visual arts in a juried competition [Art Review]
In related, The Kandinsky Prize, the most important Contemporary art prize in Russia, will be showing works in London and will coincide with the Frieze Art Fair [Art Daily]

Leonardo Da Vinci, Mona Lisa via Louvre

A woman threw a tea cup at Mona Lisa in Louvre, as the painting hangs behind a bullet proof glass it is not damaged, the woman is taken to a psychiatric word [CNN]
Rocco Landesman’s pending appointment as the head of National Endowment for the Arts has been confirmed by US Senate [Los Angeles Times]
Elizabeth Andrews, a gallery supervisor, intends to file a lawsuit against the Tate Modern regarding its cold temperature contributing to her deteriorating health as she is forced to move there from Tate Britain [Art Review]

Bruce Nauman via Sperone Westwater

A plane will perform Bruce Nauman’s Skywriting Project on September 12 in Pasadena, 40 years after the idea’s conception [Artforum]
3 months after its inauguration, MoCA China runs out of money and Mr. Aranita, its founder flees to Hawaii leaving his ex-girlfriend and only legal partner to deal with his many debts [Art Newspaper]
After Ryan McGinley spent two months in caves of North America for photo shoots, his Manhattan food choices are documented by New York Magazine [Grub Street]

Unicorn The Child’s Dream, Damien Hirst via Guardian

Damien Hirst’s vitrine “The Child’s Dream” will become a part of Tate St Ives exhibition titled “The Dark Monarch” starting 10 October [Art Daily]
After Sotheby’s profit declines 87%, William Sheridan, its Financial Officer, claims that art prices and sales have bottomed [Bloomberg]
Due in part to failed relationship with Sotheby’s, Stephen Ranger resigns as president of Toronto auction house Ritchies, as the auction house lays off its entire staff of 25 people [CBC]

Presidio, San Francisco – a historical site where Fisher planned to build a museum via LAT

Gap founder Donald Fisher’s immense collection of art may not be available to public in San Francisco, since his plan of building a museum in Presidio has been opposed by the preservationists [Los Angeles Times]
With rent prices dropping almost to half of what they used to be, art dealers open galleries in the Hamptons where their clients spend Summers [The Art Newspaper]
To stop graffiti artists, Rome’s Mayor tries to pass a new law which assumes not only fines but also mandates cleaning up the defaced walls [Life in Italy]
In reaction to decline of art donations, senator Charles Schumer tries to pass a bill making donating tax-advantageous [Wall Street Journal]
Christie’s in collaboration with Pierre Bergé and Associates announce the second Yves Saint Laurent auction estimated to raise $3-4 million for H.I.V research and in related Sotheby’s 4 November, 2009 sale will include seven Impressionist paintings from the Durand-Ruel collection [Auction Publicity]

Newport Mill transformed into an exhibition space via The Moment

Enormous old mill in New Hampshire is transformed by William Ruger into an exhibition space where an inaugural show “H2O Film on Water” will be held [The Moment]
Ryan McGinness is commissioned to create his first site-specific work to celebrate the opening of a new wing in the Virginia Museum of Fine Arts [Art Info]
The 5 star Hotel Marienbad in Berlin accepts artwork as a form of payment as long as artists are not local [Guardian]
Glenn D. Lowry, the director of MoMA took a voluntary pay cut and yet managed to be the highest paid Museum Director in the six US museums with biggest budgets, landing $1.32 million for the fiscal year [The New York Times]
Funded by team owners, 14 site-specific works are created by prominent contemporary artists including Olafur Eliasson for the Dallas Cowboys Stadium [The Art Newspaper]

David Zwirner booth at the Armory, showing Yan Pei-Ming, John McCracken, and Rachel Khedoori.

New York Armory Week 2009 is in full swing, with attendance higher than expected moving into the weekend.  Despite the absence of several blue chip galleries – including Matthew Marks and Lehmann Maupin – the gallerists’ collective mood seems hesitant but optimistic.  177 contemporary galleries are exhibiting in the Armory’s 11th year, along with the addition of a Modern wing at Pier 92 selling more established, less edgy work.

The Armory Show 2009 and the Armory Modern
Piers 92 and 94
12th Avenue at 54th Street
March 4-8, 2009

Armory Opening Party at MoMA.

RELATED LINKS
Sales still down, but spirits are buoyant [Art Newspaper]
On the Piers, Testing the Waters in a Down Art Market [New York Times]
Has the Recession Sparked a New Renaissance? [Guardian UK]
On the Scene at the Armory Preview Party [Style File Blog]
MoMA’s Armory Show Opening Benefit Party [Patrick McMullan]
Armory MoMA After Party [Guest of a Guest]
Now Dealing | The Armory Show [TheMoment]
Window-shoppers Descend on Armory Art Show [NYMag]
What’s Selling (or Not) at the New York Armory Show [NYMag]
‘Creepy’ Bernie Madoff Watercolor Fails to Sell at Armory Show [NYMag]
Dealers Sold on Armory Modern, Collectors Less So [ArtInfo]
The Herd Is Out, but Holding Back [ArtInfo]

more stories and photos after the jump…

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Terence Koh in United  Bamboo via Refinery29

Artist and downtown NYC fixture Terence Koh Models for United Bamboo [Refinery29]
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A review of director of Hauser and Wirth gallery Gregor Muir’s book on the seminal period of the Young British Art movement of the 80’s “They were too drunk, too coked up, too busy scrounging up some rent, too out of work and squalor-happy to remember much about the glory days.” [TimesUK]
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Art Tactic reports 81% fall in confidence levels in contemporary-art market, predicts 3-5 years to recovery, institutes new “survival rating” to predict artists to be considered still relevant in 10 years [Bloomberg]
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In related, the Art Newspaper offers predictions for the market in 2009 [ArtNewspaper]
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Olafur Eliasson’s book via Space Invading

Commissioned by MOMA, Olafur Eliasson creates 454 page, 85:1 scale, laser-cut negative space rendering of his home [SpaceInvading]
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Video of Rirkrit Tiravanija serving up vegetarian curry at a grafitti’d construction installation at David Zwirner [NewArtTV]
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The Louvre begins managing its first ever endowment of $230m received from the United Arab Emirates to build a museum there [NYTimes]
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When artwork decays and requires reproduction [WallStreetJournal]
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Anthony Haden-Guest on Yves Saint Laurent’s 700+ work art collection to be auctioned in February by Christie’s Paris at a £200m to £300m estimate [GuardianUK]
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Amy Winehouse by unknown artist, on RCA Secret postcard, via BBC

2,700 postcards composed by a combination of famous and emerging artists were sold at the Royal College of the Arts’ Secret postcard event this past Saturday, November 22nd, in London.  Every year, students from the college contribute original pieces of art on postcards, along with many of the worlds top artists and assorted other notables, to raise funds for the school. The RCA has managed to raise close to £1 million from the sale of the postcards since 1994, when a student came up with the idea.

Cards sell for £40 each, and are unmarked and unsigned; the viewer or buyer does not know who created it, leading to the possibility of acquiring works by the likes of Damien Hirst, Peter Doig, or Manolo Blahnik very inexpensively.  Postcards have been resold for princely sums at major auction houses. A card by Hirst was sold for £15,600 in 2004, while a Doig original sold for £42,000 in 2000.  “Keeping the works anonymous is a very clever idea because potential buyers have to use their own powers of discrimination,” noted artist and regular contributor Grayson Perry said. “They must look at art works closely rather than read labels, a habit they might find rewarding at any exhibition.”

While readers have missed out on this year’s sale, which was held on November 13th, they can always look forward to 2009.

Exhibition page: RCA Secret
Secret art postcards go on sale [BBC]
Lucky dip in secret postcard sale [GuardianUK]
In London, Purchase a Postcard Worth 42,000 British Pounds [IHT]

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The Grand Palais in Paris, the Site of the 2008 FIAC art fair

Seen as selling more established contemporary artists, the 158-gallery strong FIAC art fair, back to Central Paris since 2006, was by consensus more successful than Frieze this year [Artreview] more here [TheArtNewspaper] here [Bloomberg] and here [Financial Times]
Jeff Koons’s Versailles installation of 17 works drew over 250,000 people and has been extended to January [Associated Free Press]
Tel Aviv as a contemporary art destination [NYTimes]
Jake Chapman on his new book: The Marriage of Reason & Squalor [ArtForum]
Olafur Eliasson’s Waterfalls exhibit brought 1.4 million visitors and $69 million to New York City [Crain’sNewYork]
Damien Hirst co-directs a bloody Sienna Miller in music video for The Hours [TheSun]
Steve Lazarides, agent to Banksy, is working on New York space following the success of the The Outsiders show on the Bowery in September [The Evening Standard via TWBE]

Tracey Emin and her sparrow, now returned via BBC

For second time in 3 months, Tracey Emin’s 4-inch Liverpool sparrow is stolen then returned [BBC]
Photo profile of collector / Art in America and Interview-owner Peter Brant [TMagazine-New York Times]
Art Basel commits Miami Beach for 3 years [ArtForum]
Midtown gallery sued after improperly safeguarded Dali’s are stolen [New York Post]
Oliafur Eliasson interviewed [GuardianUK]
New art fair Art Berlin Contemporary opens with 70 artists and 40 Berlin galleries [ArtReview]

the sculptor Anish Kappor via the Boston Globe

Sculptor Anish Kapoor set designs for an upcoming Akram Khan play featuring Juliette Binoche [National Theatre, London]
Are Olafur Eliasson’s waterfalls damaging the local natural environment? [ArtInfo]
Relating a past run-in with Francis Bacon and reflecting on his work before his retrospective at the Tate [The Independent]
Author Michael Gross’s ‘Rogues’ Gallery’ exposes the inner circles of the Metropolitan Museum of Art [ArtInfo] Aug 29
Gustav Klimt at the Tate Liverpool brings record attendance [BBC News] while the British National Gallery’s strategy of exhibiting newer artists leads to a sharp drop in paying visitors [Times Online] Aug. 31

Martin Kppenberger’s Zuerst die Füsse (Feet First)

The Pope condemns late German artist Martin Kippenberger’s crucified frog sculpture [GuardianUK] and more here [NYTimes]
A critique of Olafur Eliasson’s ‘Waterfalls’ as ineffective “shock and awe” public art [NYSun]
Jeff Koons on Night Talk [YouTube via ArtFagCity]
Guggenheim Foundation receives $1 million from National Endowment for the Humanities [ArtForum]
Banksy’s auction-donated $137,000 work to support Ken Livingstone invalidated due to his anonymity [ArtInfo]
Damien Hirst to open his 2nd ‘Other Criteria’ retail shop next to Sotheby’s on New Bond Street, London [Blomberg]

Olafur Eliasson, ‘Visualization of The Parliament of Reality’, Bard College via Artdaily

Bard College has Olafur Eliasson’s 1st permanent US installation [Artdaily]
MoMA purchases 23 photo works from eight Chinese artists controversially bought in bulk [Bloomberg]
Two Pulitzer Prize winning authors gain rights to new Francis Bacon biography [Bookseller]
Next-generation, under-30’s legacy arts patrons: on the scene [NYTimes]
Tracey Emin’s $122,000 4-inch bronze sparrow goes missing from public work and then is inscrutably returned (publicity stunt?) [BBC]

New York City Waterfalls, Olafur Eliasson via NYTimes

Danish Artist, Olafur Eliasson has completed his $15.5 million New York City Waterfalls project. This sublime installation consists of four free-standing cataracts that have been transformed into 90 to 120 feet of falling water. The waterfalls started flowing yesterday, June 26th and will continue through October 13th.

Olafur Eliasson’s The New York City Waterfalls in New York [Artdaily]
Niagara’s New Rivals -For a Time, Anyway [Wall Street Journal]
The Falls Guy [NYMag]
Olafur Eliasson set to make a splash in Manhattan with waterfalls [Guardian UK]
Eliasson’s Waterfalls Make Instant Monuments for N.Y. Harbor [Bloomberg]
Cascades, Sing the City Energetic [NYTimes]
‘Waterfalls’ art installation to shower East River [NYDaily News]

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Olafur Eliassion courtesy of NY Mag

The technics of Olafur Eliasson’s upcoming falls project [NY Mag]
Christie’s, Sothebys assert no collusion in recently dual increase in premiums [ArtInfo]
Toxic leak risk leads to armed guards of Hirst’s lamb at LACMA [LA Times]
Banksy contemporary Nick Walker sells $1.5M of street Art in London [Bloomberg]
Clemente works at the Gallery Met at Lincoln Center [New York Times]
$21M record sale of Latin American art at Sotheby’s [ArtDaily]

Drawing machine from Spatial Vibration via spatialvibration.blogspot

Part of a series of experiments investigating sound and image by Danish-Icelandic artist Olafur Eliasson, this installation at Tanya Bonakdar Gallery in Chelsea actually invites visitors to “make drawings.” Between 4 and 5pm viewers can participate in Eliasson’s piece by playing a stringed instrument which triggers laser projections and a drawing machine, giving visual form to sound.

spatialvibration.blogspot [Official Website]
Olafur Eliasson: Spatial Vibration [Art Vent]
Olafur Eliasson: Take Your Time at MoMA and P.S.1 [Art Observed]
New York City Waterfalls [Official Website] (more…)

Take Your Time at MoMA via NY Times

This weekend, the much- anticipated Olafur Eliasson exhibition, “Take Your Time,” opened in New York at both the Museum of Modern Art and its contemporary art outpost in Queens, P.S.1. The comprehensive survey of Eliasson’s work — his first retrospective in the United States– features sculpture, photographs, and installations described as “immersive environments.” The artist has also teamed up with the Public Art Fund to construct waterfalls that will be seen in the East River this summer.

Take Your Time: Olafur Eliasson [MoMA]
Take Your Time at P.S.1 [P.S. 1]
Stand Still; A Spectacle Will Happen[NY Times]
Don’t Believe Your Eyes: Eliasson’s Illusion Act at MoMA, P.S.1 [Bloomberg]
In Brilliant Color [NY Sun]
Waterfalls as Art To Be Installed in East River[NY Sun]
Seeing Things[New Yorker]
Northern lights [Art in America]
MoMA and P.S.1 presents Take your time: Olafur Eliasson [Artipedia]
“Eliasson in the Hands of Viewers at MoMA” [NY Sun]
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