In March, MCH Group announced its intention
to expand its portfolio of around 40 conventions and other live marketing events—which includes the trio of Art Basel fairs, Design Miami/
, and Baselworld—by taking a stake in existing regional art fairs or creating new fairs. MCH Group now owns a majority 60.3% stake of India Art Fair. Previous owner Angus Montgomery Ltd. holds 29.7% of the fair, and the founding director and partner of the fair, Neha Kirpal, retains 10%. Sandy Angus, chairman of Angus Montgomery, said he’d seen notable growth in visitor numbers at the New Dehli event since 2011, labelling India Art Fair as “the most significant art fair in the region.” Angus Montgomery and SME London were both announced by MCH group as among the initial set of companies with whom they intend to collaborate when the initiative was launched in March. However, Angus’s other fair, ArtInternational, was canceled this year due to unrest in Istanbul, its home city, and SME London’s Art16
announced just this week that it will not take place next year.
05 A $150 million M. C. Escher-like staircase will be the centerpiece of a new five-acre plaza at the Hudson Yards development on Manhattan’s West Side.
After being kept a secret under lock and key, plans for Vessel
, a 15 storey-tall honeycomb structure by British designer
, were unveiled on Wednesday at Hudson Yards to a crowd of hundreds, including Mayor Bill de Blasio. When it opens in 2018, the giant bronzed steel and concrete staircase—or “jungle gym,” as it has been characterized—will feature 2,500 climbable steps on 154 interconnected staircases. Visitors will be able to catch a glimpse of the New York skyline from 80 viewing platforms. “Vessel” will join the High Line as yet another major public attraction along the Hudson River. And though, like the High Line, this new interactive installation will give New Yorkers an elevated view of the city, with a base only 50 feet in diameter, ballooning to 150 feet at the top, “Vessel” will also allow for plenty of open space in the plaza despite its colossal scale. Billionaire Stephen M. Ross of Hudson Yards’s developer Related Companies was instantly impressed by Heatherwick’s 2013 proposal for “Vessel.” “I looked at it and said, ‘That’s it.’ It had everything I wanted,” Ross said.
06 London’s Art16 fair has cancelled its 2017 edition.
The announcement, first made to exhibitors in late August and now available on Art16’s website, states that the fair is partnering with galleries and collectors “to develop a much enhanced fair going forward.” The managing director of Art Fairs London Ltd., the group that organizes Art16, has indicated that the fair will return in 2018. However, they intend to schedule the event earlier in the year to avoid May competition, which is thought to be one of the reasons for its weak performance. Other reasons for the hiatus may include the fair’s irregular branding—the name changes annually to reflect the year—and its hefty list of exhibitors, which had already been reduced from 180 galleries in 2014 to 100 in 2016. The size of the fair proves especially difficult given that its participants, culled from around the globe, tend to be lesser-known than those of its competitors.
07 A respected scholar has endorsed a plaster cast of Little Dancer as an Edgar Degas original, the latest development in a long-running debate over the controversial work.
Experts have long been torn as to whether or not the plaster, found in a now-defunct foundry outside of Paris in 2004, was made during the artist’s lifetime. Although he argued for many years that the plaster could not have been crafted by
or his studio prior to the artist’s death in 1917, Arthur Beale—the former chairman of the department of conservation and collections management at the Museum of Fine Arts, Boston
—has now reversed his position. “I think those that have scoffed at it as being a fake or a copy or something, should take a second look,” Beale said last Friday, citing art-historical and scientific evidence. Beale’s endorsement supports a theory proposed by fellow art historian Gregory Hedberg, which asserts that the plaster is an “earlier conception” of Degas’s 1881 bronze sculpture Petite Danseuse de Quatorze Ans
08 According to experts who gathered in Amsterdam this week, Vincent van Gogh dealt with some type of psychosis at the end of his life—although the group could not agree upon the the root cause of his illness.