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New $234M Record Sale For Modern Art

The 71-by-51-inch painting, named after its subject, was sold at a Sotheby’s auction in New York on Tuesday evening for $236.4 million, including fees. It belonged to the private collection of Leonard Lauder, the cosmetics heir who died in June. - Washington Post

What’s Behind The Board Exodus At The Palm Springs Art Museum? Evidently, A Financial Mess

It’s not as simple as the museum not having enough money. An audit report indicates that there have been some very questionable accounting practices at PSAM — questionable enough that one of the eight board members who have resigned so far did so on the advice of his personal attorney. - Los Angeles Times (Yahoo!)

Who Paid $12 Million For Maurizio Cattelan’s Gold Toilet? Believe It Or Not …

Yes, the themed-museum-and-entertainment franchise Ripley’s Believe It or Not! was the purchaser of Cattelan’s America at Sotheby’s in New York this week. In its pun-filled announcement, Ripley’s proudly said that Cattelan’s conceptual artwork is the most expensive item in its collection. - Artnet

French Art Establishment Opposes New Tax On Art

Under the legislation, France would become the only major market art center to impose a wealth tax on the mere possession of artworks, says the statement. France is the world’s fourth-largest art market, and accounts for more than half of the European Union’s market value, at $4.2 billion. - ARTnews

This Year’s Worldwide New Building Of The Year

The Holy Redeemer Church and Community Center of Las Chumberas, designed by Spanish architect Fernando Menis, has been named as the World Building of the Year at the 2025 World Architecture Festival. - Archinect

Gustav Klimt Portrait Is Now Second-Most Expensive Artwork Ever Auctioned

The six-foot-tall painting, Portrait of Elisabeth Lederer (1914-16), shows a young heiress and daughter of Klimt’s patrons draped in a Chinese robe. Its sale price of $236.4 million is exceeded only by the notorious Salvator Mundi attributed to Leonardo da Vinci, which sold for $450 million in 2017. - The Guardian

Conceptual Frame: An Art Installation You Have To Really Commit To See

The Frattini Bivouac is not staffed, ticketed or mediated. Anyone can enter it, but only after a six-to-eight-hour ascent on foot across scree, moss and snowfields.  - The Guardian

Louvre Closes A Gallery Because Its Floor Might Cave In

The museum has shuttered some office space and the Campana Gallery (which showcases ancient Greek ceramics) due to “particular fragility of certain beams holding up the floors.” - AP

Phillips Collection To Controversially Sell Masterpieces To Buy New Art

“Like many of my museum colleagues,” said Eliza Rathbone, chief curator emerita at the Phillips, “I’m deeply saddened and appalled that the Phillips Collection would so irreparably mar the vision of the founder by selling such carefully chosen works.” - Washington Post

The Studio Museum In Harlem Reopens, After Seven Years, In Its Own New Home

The museum director: “In many ways I do feel the timing of our opening now is ideal. … We’re opening in a moment that's very much like the moment when the museum was founded.” - Gothamist

The Return Of A Night At The Natural History Museum

“Children ran, some of them in stocking feet, through the displays, with abandon. (Running had been discouraged in the safety lecture, but this did not dissuade a young boy who shouted ‘I have to look for the animals that will hunt us in the night.’)” - The New York Times

Man Who Stole A Banksy Print To Pay Off Drug Debt Sentenced To Prison

He “was seen on CCTV waiting outside the gallery for about 10 minutes on 8 September last year, before repeatedly smashing the glass door with a heavy blunt object.” - The Guardian (UK)

The Palm Springs Art Museum Trustee Revolt: Just What The Heck Is Happening Here?

Basically, “without consideration of multiple outside candidates, the search committee had in effect become simply a hiring committee for an in-house nominee.” That in-house nominee might be great - but that doesn’t fix the hiring process. - Los Angeles Times (MSN)

Can Paris’s Iconic Zinc Rooftops Be Adapted To An Ever-Hotter Climate?

Some four-fifths of the city’s roofs are covered in the lightweight, malleable, low-maintenance metal. Many of them now need replacing — to prevent leaks in more intense rainstorms and because high summer temperatures turn the rooms below them into ovens. Parisian artisans are finding ways to address these problems. - Smithsonian Magazine

What Nigeria’s New Museum of West African Art Is Attempting To Do

Nigeria's stunning new Museum of West African Art (Mowaa) has found itself in the crosshairs of local power politics on the week it was supposed to - but failed - to open its doors to the public for the first time. - BBC (MSN)

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