ARTFIXdaily News Feed - Breaking News from the Art World

Japanese firm wins prestigious Priztker prize

Curbed / March 29th, 2010

The Japanese duo Kazuyo Sejima and Ryue Nishizawa, partners in SANAA, were honored Sunday with architecture's highest award. Their much-talked-about New Museum on the Bowery in New York is one recent, notable project. LA Times critic Christopher Hawthorne described their best buildings as ...

Cy Twombly redecorates Louvre

Associated Press / March 23rd, 2010

Even after pop artist Jeff Koons ruffled French feathers with his inflatable 'Lobster' and giant balloon dogs---installed at Versailles in 2008---another American was invited to create a more permanent fixture at the Louvre. Cy Twombly, the first artist given the honor of decorating a Louvre ...

Korean art magnate steps in to revive auction house

Joongang Daily / March 18th, 2010

Lee Ho-jae, 59, is a superstar in the Korean art world. He is chairman of Gana Art Gallery and recently was named co-chief executive officer of Seoul Auction, a company he founded in 1998. Lee hopped aboard to steer the auction house with a new strategy to halt a steady downhill trend in the ...

The new generation of curators

New York Times / March 18th, 2010

A set of curators born in the digital age, now in their 30s and early 40s, is making strides at major American museums, bringing new and exciting ideas to their sometimes staid institutions. Harvard-educated Jen Mergel, for example, is the newly-appointed senior curator for contemporary art the ...

Broad museum underway in Michigan

/ March 16th, 2010

A groundbreaking ceremony took place yesterday for the Eli and Edythe Broad Art Museum at Michigan State University. Billionaire Eli Broad ponied up $28 million for the new building, designed by London-based architect Zaha Hadid, as a centerpiece for contemporary art at his alma mater. Of his ...

Bank goes after art dealer Edelman

Reuters / March 11th, 2010

Former corporate raider turned art dealer, Asher Edelman, has been sued by Emigrant Bank for more than $3.1 million after allegedly defaulting on some loans, including one to buy "Torse de Femme" by Alberto Giacometti. Edelman, who runs a modern art gallery on the Upper East Side, said in an ...

Abstract expressionists get splashed on stamps

NJ.com / March 11th, 2010

The U.S. Postal Service is printing 3 million sheets of stamps featuring bold works by 10 American artists of the mid-20th century. The 44-cent commemoratives showcase Hans Hoffman, Mark Rothko, Robert Motherwell, Jackson Pollock, Joan Mitchell, Arshile Gorky, Willem de Kooning, Clyford Still, ...

Christie's picked to auction $150 million Calif. art collection

New York Times / March 10th, 2010

Valued in excess of $150 million, the modern art collection of Los Angeles philanthropist Frances Lasker Brody will be sold at Christie’s in New York in May. Mrs. Brody died at age 93 in November. Christie's was able to secure the collection, after a battle with Sotheby's, by offering the ...

2010: A scaled-back Whitney Biennial

California Literary Review / March 9th, 2010

The simple title "2010" for this year's Whitney Biennial seems appropriate for a recession-era show with a pared-down selection of works. From art described as "mere decorative" to "humanistic," this 75th iteration of the influential American art venue, on view at the Whitney Museum through May ...

Art market rebound talk at Armory Week

Bloomberg / March 8th, 2010

Some exhibiting galleries at the bevy of fairs making up New York's Armory Week, which ended March 7, report the art market is back to "crazy," although collectors were keen to get quality at the right price. Sales at the Art Show included small watercolors depicting flowers and pregnant ...

Bonhams eyes Asia for expansion opportunities

Wall Street Journal / March 8th, 2010

Following last week's announcement that Bonhams will open an outpost in Tokyo, Robert Brooks, the London-based chairman of the international auction house, now plans to relaunch a branch in Australia. Bonhams already has a presence in Hong Kong, where rivals Christie's and Sotheby's have also set ...

Cost-cutting pushes up profits for Sotheby's

BusinessWeek / March 8th, 2010

Sotheby’s reported a fourth-quarter profit of $73.6 million, its second best quarter ever, reportedly due to a downsizing of staff (1/5 lost jobs), salary cuts, and the elimination of money-losing price guarantees. Chief Executive Officer William Ruprecht has now had his full salary restored to ...

Optimism, sales at New York's Armory Week

Luxist / March 7th, 2010

The modern and contemporary art fairs last week were upbeat. Luxist lists four reasons: Big names brought in buyers, solo booths let collectors focus on one artist, big-ticket sales were back, and traditional art provided a counter-point to the cutting-edge. Recent record-smashing auction ...

New York art fairs this weekend

New York Times / March 4th, 2010

The ADAA's Art Show, the Armory Show, and all the peripheral fairs are in full swing. Milton Avery's Wild Moon and Sea (1961) is one stand-out from Knoedler & Company at the Art Show. Click to view more highlights in a photo gallery compiled by the New York ...

The best of the best lures collectors to Maastricht

Financial Times / March 2nd, 2010

From a newly discovered “Winter Landscape with Skaters” (1611) by Adam van Breen – one of the earliest winter landscapes by any Dutch painter - offered by exhibitor John Mitchell, to a stunning Cycladic marble head from 2500-2400BC from dealer Rupert Wace, word is getting out about the treasures ...

Art dealer Ernst Beyeler passes away at 88

Mediabistro / March 2nd, 2010

Swiss art dealer turned collector Ernst Beyeler died last Thursday at his home in Basel. His career began at an antiquarian book and print shop, but really launched with some saavy purchases (ie., Klees, Giacomettis) from steel magnate David Thompson.  In 1997, Beyeler and his wife put ...

For buying modern masters and emerging talents, Armory Week is on

Bloomberg / March 2nd, 2010

New York's big week of 12 modern and contemporary art fairs and various events is buzzing with talk of pop artist Jeff Koons' curatorial picks from the collection of Greek tycoon Dakis Joannou. On view at the New Museum are 100 works in "Skin Fruit," including, of course, a Koons. At the Art ...

TEFAF aggregates the world's best art for sale

Hello Magazine / February 25th, 2010

Over 30,000 works of art, from antiquities to modern paintings, much of it desirable for pedigree, rarity, and beauty, will descend upon the Dutch town of Maastricht from March 12 to 21. With 263 top-tier exhibitors bringing the best of their blue-chip art, plus special sections for design, works ...

Sign of the Times: A pared down Whitney Biennial

Reuters / February 24th, 2010

New York's Whitney Museum staged a smaller version of its influential annual show featuring up-and-coming American artists. Just 55 artists were showcased this year, a reduction due, in part, to the wobbly U.S. economy. The curators didn't give the show a theme, but commented that "creepy" and ...

San Francisco Museum of Modern Art expansion plans on fire

San Francisco Gate / February 23rd, 2010

San Francisco mayor Gavin Newsom orchestrated a deal for SFMOMA to take over property housing an aging, architecturally-challenged fire station. The museum would raze the building for a planned expansion, in part, to showcase the renowned collection of modern and contemporary art on long-term ...