Rather than ceasing to exist, the museum will continue on as a spaceless institution that provides long-term loans and as an organization that will facilitate research. - ARTnews
"(The museum dedicated to Himalayan Buddhist art) will close Oct. 6, when its last exhibition ends, before the institution transitions to a skeleton crew that will process long-term loans and research inquiries and help with fund-raising. Nearly 40 percent of its employees will lose their jobs." - The New York Times
Her goal is to figure out why contemporary art attracts so much money, status and (occasionally) talent. She spent several years taking entry-level jobs in galleries and artist studios so she could vividly capture the new class hierarchies in American culture and the subtle cues that mark cultural distinction. - Washington Post (MSN)
After residents on the Upper East Side of Manhattan claimed they were blindsided by the Frick Collection’s plans to serve liquor from 17 bars inside the newly renovated museum, the institution has reached a concession with the neighborhood for just 14 bars. - Artnet
"Few details about the design (by Rafael Viñoly Architects) have been released, but the terminal's main feature will be a vast sloping roof, which will be lined with skylights and 38 rows of usable vineyards." - Dezeen
"Sotheby’s was cleared Tuesday in Manhattan federal court of claims that they helped Swiss art dealer Yves Bouvier defraud Russian billionaire Dmitry Rybolovlev, in a high-profile civil case that has stretched on weeks." - ARTnews
"When (he) died in poverty in 1840, he was almost forgotten by the contemporary art world. As his 250th birthday approaches, his reputation is reaching new heights — and the anniversary year is likely to propel it into the stratosphere." - CNN
"Pompidou workers went on strike in mid-October over concerns for job security while the center closes for renovations for five years, starting in 2025. … The union sought written guarantees from administration that there was a plan for (museum) staff, collections, and usual programming." - ARTnews
A Frank Lloyd Wright-designed home in the town of New Canaan, Connecticut, has sold for $6 million—25 percent below its asking price—to an undisclosed buyer. - Artnet
"The visual art world is at a tipping point where traditional museums and galleries will have to begin involving immersive art in their offering or risk becoming irrelevant." So why not show art in derelict department stores as well? - The Guardian (UK)
"'What’s the most important thing?' they shouted. 'Art, or right to a healthy and sustainable food?' They added: 'Our farming system is sick. Our farmers are dying at work.'" - The Guardian (UK)
The show was focused on the legacy of Michael Fried's 1965 show Three American Painters. The new show, Three American Painters: Then and Now, was conceived and organized by SBMA’s former Deputy Director and Chief Curator Eik Kahng." Now show, and curator, are gone. - Hyperallergic
We think of oligarchy as a foreign concept, but the truth is that American oligarchs abound, and many of them collect art. It’s a time-honored strategy. - Mother Jones