ARTnews Celebrates Launch of the 2023 Edition of the Top 200 Collectors Issue

Last week, ARTnews celebrated the 34th edition of its annual Top 200 Collectors list with a cocktail party at the Waldorf Astoria Residences New York Gallery on Park Avenue.

The co-hosts of the evening were Top 200 Collectors Komal Shah and Josef Vascovitz and Lisa Goodman, in partnership with Lugano Diamonds, HUB International, and The Mascot Wine. Guests were able to mingle while viewing the not-yet-opened Waldorf Astoria and its new residences.

The Waldorf Astoria’s art collection, which will be owned by future residents of the building and is now curated by curator and auctioneer Simon de Pury, includes work by artists from around the world, such as An Te Liu, Benjamin Plé, Minjung Kim, Philippe Decrauzat, Rowan Mersh, James Ryan, Flavie Audi, and Matthew Pillsbury.

Notable attendees included fellow Top 200 Collectors Glenn R. Fuhrman, Jamie and Robert Soros, and newcomers to the list like Gary Steel and Steven Rice. Also in attendance were artists Honor Titus and David Antonio Cruz, adviser Ana Sokoloff, digital strategist JiaJia Fei, National Portrait Gallery director Kim Sajet, Yale School of Art dean Kymberly N. Pinder, and dealers Stefania Bortolami, Friedrich Petzel, Casey Kaplan, Nicola Vassell, Mathieu Templon, and Tara Downs.

The topic of the evening was philanthropy, a recurring theme throughout this year’s Top 200 Collectors issue (on newsstands October 17, while the list will appear online October 9) and something near and dear to the event’s cohosts as well as partner Lugano Diamonds. (Lugano’s philanthropic endeavors have supported the Anderson Ranch Arts Center, the Aspen Art Museum, and the Orange County Museum of Art.)

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Slideshow: ARTnews Celebrates Launch of the 2023 Edition of the Top 200 Collectors Issue

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Former Worker at Deutsches Museum Sentenced to Prison for Stealing Four Paintings and Selling Three

A German museum worker was recently sentenced to prison by a court in Munich for stealing four paintings from the Deutsches Museum and selling three of them through auction houses.

The prison sentence for the 30-year-old thief, whose name cannot be released due to German privacy laws, is one year and nine months. The sentencing on September 11 also included the requirement to pay damages of more than €60,000 (more than $63,500).

The Munich district court said he had been given a lenient sentence because of his lack of prior crimes, his expressed regret, and the fact that the thefts took place several years ago. “He said he acted without reflection,” the court said. “He could no longer explain his behavior to himself.”

The four paintings stolen from the art and science museum’s storage room were Franz von Stuck’s Das Märchen vom Froschkönig (Fairy Tale of the Frog King), Eduard von Grützner’s Die Weinprüfung (Tasting the Wine), Franz von Defregger’s Zwei Mädchen beim Holzsammeln im Gebirge (Two Girls Gathering Wood in the Mountains) and Franz Defregger’s Dirndl.

The von Stuck work was replaced by a forged copy and the original sold to a Swiss gallery for €70,000 ($74,000) through Ketterer Kunst, an auction house in Munich. Its loss was discovered after a provenance researcher noticed that the painting was “quite a clumsy copy,” despite being in the right frame, museum spokeswoman Sabine Pelgjer told the Art Newspaper. Inspection of the institution’s storage depots resulted in the discovery of the three other missing paintings. “Only the frames were left,” she said.

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Sin Wai Kin’s Latest Film Filters Ancient Rome through Contemporary Concerns

Artist Sin Wai Kin’s practice as a storyteller draws attention to the gaps between the stories we are told and the lives we live, asking who is given the power to tell us these stories and what these stories enforce. The London-based artist’s latest film, Dreaming the End, compounds this thinking. As so often is the case within Wai Kin’s practice, this work looks at our relationships to our bodies, our bodies’ relationship to the world, and how, in the space between these two, our sense of identity manifests.

Commissioned by the Fondazione Memmo in Rome and made on location around the city over the course of a year, the film features characters which regularly populate Wai Kin’s work, The Storyteller and Change, who move through a looping narrative rich with references, cycles, transitions, and the binding of language, taking tropes from various cinematic genres like thriller, noir, and fantasy to bring this to bear.

As we sat in the Fondazione’s courtyard earlier this year, Wai Kin spoke of their connection to the city. “Rome is a city of narrative and of history so that had to be something that was deeply entrenched in the work,” they said. “My practice is so much about storytelling, and what better place to think about the history of storytelling than Rome, where everywhere you turn there is architecture or a monument that is solidifying history—there is an inevitability of this history and truth and power.”

Sin Wai Kin, Dreaming the End (film still), 2023.

The film is rich with layers and sited in the city’s infamous architecture: the gardens of Villa Medici, the interior of Palazzo Ruspoli, and the spaces of Palazzo della Civiltà Italiana (now owned by Fendi). This anchor to the real is what gives the work its potential, makes the abstract tangible. Dreaming the End follows the characters as they move through the winding narrative of talking statues, triangular apples, and endless staircases. There is a surreal edge within the work that is amplified by speculative fictions that course through much of Wai Kin’s oeuvre.

“I was trying to think about all these narratives in this work and create a fantasy that speaks to reality more accurately than most nonfiction,” Wai Kin said.

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Tate Modern Launches New Commission for Monumental Experimental Art

A new annual initiative aimed at supporting experimental artists around the world is being launched by Tate Modern.

Titled the Infinities Commission, it is intended to to honor artists “working in highly inventive ways, freely crossing a variety of disciplines to create speculative, disruptive, or immersive projects that sit outside conventional artistic categories,” as Catherine Wood, director of programs at Tate Modern, said in a statement. “The Infinities Commission will give that kind of innovative work a home at Tate Modern and allow a broader public to experience it.”

Tate Modern already facilitates another major commission series that sees sizable works debut in its Turbine Hall. The Turbine Hall commissions are closely watched, and the Infinities Commissions are likely to be as well.

The prize will be granted to an artist by a panel of experts. The selected artist will create a new monumental work that will premiere in the Tanks—the museum’s dedicated performance, film, and installation spaces—the following spring. Additionally, three other artists will be selected by the panel to receive £10,000 (roughly $12,215) for the research and development of their work. All recipients will then discuss their practice at a public event.

The inaugural selection panel includes musician and artist Brian Eno, critic and curator Oulimata Gueye, artist Anne Imhof, artistic director of Munich’s Haus der Kunst Andrea Lissoni, and executive director and chief curator of New York’s the Kitchen Legacy Russell.

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Isa Genzken Sculpture Withdrawn from Sotheby’s Sale After Scrutiny Over Its Seller

An Isa Genzken sculpture was withdrawn from a Sotheby’s auction after a strange series of events that involved an appearance on a German equivalent to Antiques Roadshow, scrutiny over the piece’s seller, and a request from the artist’s lawyer.

The Genzken sculpture, a 2011 piece called Weltempfänger (World Receiver), is a concrete block with two antennae sticking out of it. The piece had been given the coveted Lot 1 placement in an online sale held by Sotheby’s Cologne office. The sale had listed the work as coming from “an important private collection, North Rhine-Westphalia,” and placed the estimate at 50,000 euros.

“Sotheby’s has withdrawn the work in agreement with the consignor, and [provides] no further detail at this stage,” a representative for the house said in a statement, adding that the work was “not withdrawn on authenticity grounds.”

Weltempfänger was to be sold as her current survey at the Neue Nationalgalerie in Berlin continues to receive acclaim. (That exhibition even features other “Weltempfänger” sculptures.) But the work never made it to auction as the German and Austrian press speculated over how it came to sale in the first place.

Earlier this month, the German art publication Monopol noted that the sculpture was being sold at Sotheby’s not long after it had appeared on Bares für Rares, a popular TV series aired by ZDF in which participants bring with them an object they believe to be rare and valuable, then are given the opportunity to sell it to experts. The episode with the Genzken sculpture was broadcast on September 6; the Sotheby’s sale began on September 14 and closed bidding on September 21.

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Anna Boghiguian to Take Home $106,000 After Receiving One of the World’s Biggest Art Prizes

The Wolfgang Hahn Prize, one of the world’s biggest art awards, has this year gone to Anna Boghiguian, an artist whose work has been seen widely on the biennial circuit. She will now take home 100,000 euros (about $106,000) and will see her work acquired by Cologne’s Museum Ludwig, which facilitates the award.

Boghiguian, who was born in Egypt and is of Armenian origins, is well-known for work that mines various historical happenings for political meaning, taking up subjects such as the salt trade and Virginia Woolf’s writing. Her work frequently takes the form of vast installations composed of painted figures that are arranged to fill rooms.

In recent years, Boghiguian has risen to international fame thanks to her appearance in many notable biennials. After showing at the 2012 edition of Documenta, she won the Golden Lion for her Armenian Pavilion at the 2015 Venice Biennale.

Carolyn Christov-Bakargiev, a jury member for the prize who curated Boghiguian’s work into her editions of Documenta and the Istanbul Biennial, said in a statement, “Her work’s poetry and uniqueness as well as her directness and expressivity fit ideally into the Museum Ludwig’s collection with its strong expressionist positions. Anna Boghiguian has been widely recognized internationally only recently, over the last ten years, so that this award is for a highly topical artist, rather than for a lifetime achievement. She is totally contemporary in her themes and in the connections she draws through her readings, travels and internet searches, between historical stories and political and aesthetic discussions of our present world.”

Next month, Boghiguian will be the subject of a solo show at the Power Plant in Toronto, where she is set to show recent works dealing with the concept of democracy as well as older books made while she lived in cities in Canada.

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At Times Square PUNK SHOW, the New Museum’s Cultural Incubator Shows Off Its Versatility

In mid-September, I was standing in Times Square, the Disney Store on one side of me and a Sephora on the other, watching a collaborative performance by the noise artists Dis Fig and SOUR VISION. At first, the scene was surreal. But, as it went on, it began to make more sense. What neighborhood is more overwhelming than Times Square? What music is more abrasive than noise?

The juxtaposition was exciting; it was two opposite, yet equally extreme, poles of New York City culture coming together. The performance was was part of PUNK SHOW, a free one-day festival organized by Times Square Arts and NEW INC, a creative incubator founded in 2014 by the New Museum.

For Salome Asega, the director of NEW INC and a Las Vegas native, the pairing felt natural. “It’s a little taste of home, for sure,” she said early in the night about the sensory overload of Times Square. “It’s also just a dynamic part of the city where worlds collide.”

Helping worlds collide is at the heart of NEW INC, whose mission is to support creative practitioners working across a wide variety of mediums, from art and design to technology, science, and architecture. Now in its tenth year, the cultural incubator was the first of its kind when it was founded.

“I like to say it’s a home for the misfits, for the people who don’t neatly fit into any one discipline,” Asega said.

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Forgotten Ancient Structure Uncovered by Devastating Libyan Floods

Recent floods in Libya have uncovered long-buried archaeological structures in an ancient Greek settlement outside the devastated city of Derna. The magnitude of the catastrophe, however, is impeding preservation efforts.

Local authorities discovered the structure while surveying the damage to Cyrene, a Greek city founded in 631 BCE. Cyrene thrived in the fourth century BCE as a center for agricultural and commercial activity, and holds several ancient landmarks such as a  temples dedicated to Zeus and Apollo, respectively.

But Cyrene is now in dire need of aid after an aging dam burst earlier this month near Derna, unleashing a torrent of water across eastern Libya. Per the New York Times, more than 4,000 people have been reported dead while 8,000 others are missing.

The floods near Derna started after the country was hit on September 10 by Storm Daniel, a devastating storm system that also wreaked havoc on Greece, Turkey, and Bulgaria. The storm caused strong winds, flash floods, and set a new rainfall record for Libya, according to the World Meterological Organization.

While damage was extensive in all the affected countries, in Libya, the storm came into contact with two aging dams, built in the 1970s from clay, rocks, and earth. While there have long been warnings about the condition of the dams, dating back to the late ’90s, corruption under the government of Colonel Muammar Al Qaddafi and then political instability since he was toppled in 2011 have prevented the needed maintainence.

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Christie’s to Offer Monet Water Lily Painting with $65 M. Estimate in November

Christie’s announced Thursday that it will offer Claude Monet’s painting Le bassin aux nymphéas (1917-1919) at its 20th Century evening sale in New York this November. The painting, which will sell with a guarantee, carries an estimate of $65 million.

The painting of Monet’s Giverny gardens, two meters wide by one meter tall, was in Monet’s estate when he died in 1926. It has been in the same private collection since 1972, according to the auction house.

“As far as we can tell, it has never been seen publicly, which also means it is in great condition,” Max Carter, Christie’s vice chairman of 20th and 21st Century Art, Americas, told the Financial Times.

Monet’s auction record was last set in May 2019 when Sotheby’s sold the artist’s 1890 landscape Meules (Haystacks) for $110.7 million, more than double the work’s $55 million estimate. At the time, the work was the highest price ever fetched for a work of Impressionism and had previously been sold at Christie’s New York in May 1986 for $2.53 million.

In 2018,  Nymphéas en fleur (1914–17), similarly a painting of the artist’s gardens, sold for $84.7 million at Christie’s New York from the collection of Peggy and David Rockefeller. That price was the previous record for the artist until the selling of the haystacks painting.

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A glimpse at the real Murdoch

A glimpse at the real Murdoch

As he steps down as head of his companies, clips of a younger Rupert Murdoch

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COBRA at Bill's PC, Western Australia

September 2 – October 6, 2023

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Anri Sala at Galerie Chantal Crousel

September 2 – October 7, 2023

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The riot that 'killed' disco

The riot that 'killed' disco

How an anti-disco stunt became an international scandal

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Fiona Connor at 621 Ruberta Ave, Glendale

August 18 – September 23, 2023

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Rodney McMillian at Vielmetter

September 2 – October 21, 2023

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The crime novels dividing opinion

The crime novels dividing opinion

'Cosy crime' is the new hit genre – but is it brilliant entertainment or twee?

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The dress that shocked the world

The dress that shocked the world

The woman who inspired Lady Gaga's meat dress

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The show that changed sex on TV forever

The show that changed sex on TV forever

How Sex Education was revolutionary, on and off screen

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Malediction and Prayer at Modern Art

July 28 – September 16, 2023

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