ARTFIXdaily News Feed - Breaking News from the Art World

Couple Sues Arizona Art Gallery Over Sold Warhol

Courthouse News / September 18th, 2014

A couple says a Scottsdale art gallery that was storing their Andy Warhol work sold it without their permission.

Judge Dismisses Dallas Art Collector's Suit Over Multi-Million Dollar Rothko

Dallas News / September 11th, 2014

A Dallas judge last week dismissed collector Marguerite Hoffman's suit against financier David Martinez for breach of contract over the quick flip of a Mark Rothko painting.

Dia Art Foundation Names New Director

New York Times / September 10th, 2014

The Dia Art Foundation has chosen a new director as the 40-year-old non-profit institution struggles with issues of financing and a needed expansion of space in Manhattan.

Phillips Auction House Banks on London Expansion

New York Times / September 8th, 2014

Phillips, the world's third largest auctioneer of contemporary art, is set to open its flagship salesroom in the Mayfair district of London.

Christie's Brings Pop-Up Gallery of Auction Highlights to Silicon Valley

ArtfixDaily / September 3rd, 2014

Tech titans in Silicon Valley will now be served up blue-chip artworks for sale nearer to their own doorsteps. New York is coming to...

Austrian Tycoon Acquires Essl Collection

Reuters / September 3rd, 2014

Austrian construction mogul Hans Peter Haselsteiner has bought the modern art collection of hardware chain owner Karlheinz Essl who needed fast funds to rescue his flailing BauMax stores.

5,000 Works from Essl Collection to be Sold

ArtfixDaily / September 2nd, 2014

One of Europe's premier collections of contemporary art will be liquidated this October...

Artist Will Make Covent Garden Appear to Float this Fall

Telegraph / August 28th, 2014

Popular marketplace Covent Garden in the heart of London is set to levitate this fall.

Jasper Johns's Assistant Pleads Guilty to Swiping Art

Wall Street Journal / August 27th, 2014

After more than two decades as the assistant to Jasper Johns, James Meyer pleaded guilty on Wed. to stealing and selling 22 works from the artist's studio.

Detroit Hit With a $4 Billion Proposal for City's Art

New York Times / August 27th, 2014

New York-based Art Capital has offered Detroit a loan of up to $4 billion in a new proposal that leaves the city's museum intact with its art used as collateral.

Aspen Art Museum Removes Turtles from Controversial Exhibition

ArtfixDaily / August 26th, 2014

Cold weather has forced the Aspen Art Museum to remove African sulcata tortoises from a controversial art exhibition...

Billionaire's Legal Dispute with Art Dealer Pulls in Mugrabi Family

CNBC / August 26th, 2014

Depositions are said to be scheduled for September in a legal dispute between billionaire financier Ronald O. Perelman and contemporary art dealer Larry Gagosian.

Mass MoCA Gets $25.4 Million from State for Expansion

New York Times / August 25th, 2014

Massachusetts Museum of Contemporary Art (Mass MoCA) received $25.4 million in state funding through a capital facilities bond bill passed by Governor Deval Patrick...

Architect Zaha Hadid Sues Over Article

Reuters / August 25th, 2014

Pritzker prize-winning architect Zaha Hadid filed a lawsuit on Thursday against The New York Book Review and architecture critic Martin Filler...

Leon Black to Buy Knoedler's Former Townhouse for $50 Million

New York Post / August 19th, 2014

Billionaire financier and art collector Leon Black and his wife Debra are reportedly buying 19 E. 70th St., the former Knoedler & Company art gallery...

Report: Data Revealed on Today's Art Flippers

New York Times / August 17th, 2014

Quick resales have pumped some art auction prices up to new levels, fueling fears that art has become just another asset class for a vulgar type of collector who "flips" for fast profits. The New York Times investigated...

New York Art Dealer Claims $62 Million Fraud

NY Post / August 14th, 2014

In a $62 million lawsuit filed in Manhattan Supreme Court, a New York art dealer claims that Russian oligarchs returned 35 artworks to him as fakes that he had purchased from...

Rauschenberg Foundation to Appeal Court Decision

NY Times / August 14th, 2014

The Robert Rauschenberg Foundation released a statement Wednesday that it will appeal the $24.6 million ruling that a Florida judge awarded to...

"The Scream" Buyer Leon Black Could Acquire Online Art Retailer Artspace

Bloomberg / August 13th, 2014

New York financier Leon Black, the billionaire art collector who owns Phaidon Press, is in talks to acquire the online art retailer Artspace...

New Aspen Art Museum's Gift Shop Goes Upscale

FT / August 11th, 2014

The $45 million, 33,000-square-foot Shigeru Ban-designed building that houses the new Aspen Art Museum will offer visitors some museum-worthy items in its gift shop.