June 25, 2015: Shepard Fairey Faces Arrest & Klimt Sells for $39 Million
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“PLACE/NON-PLACE” opens at RE Gallery.
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Today’s Notable News
Kresge Foundation has announced the eighteen winners of this year’s Kresge Awards—half visual artists and the other half writers, all based in Detroit. Each winner receives $25,000 from the Troy-based foundation. (via Artforum)
Sotheby’s Impressionist and Modern sale last night fetched $280.5 million, making it the second highest total for any sale held in London. The top lot of the evening was a rare portrait by Gustav Klimt, which sold for $38.9 million. (via Artinfo)
Todd Eric Hawkins has been appointed executive director of the Irving Arts Center, to start next month. He previously worked for Public Art for Public Schools as project manager. (via Artforum)
After visiting Detroit last month to paint the largest mural of his career, street artist Shepard Fairey is now facing felony charges of malicious destruction of property for tagging other buildings while he was there. City police accuse the artist of causing $9,000 in damage, stating they will arrest him the next time he visits the city. He faces a maximum penalty of five years in jail and fines that could top $10,000. (via Detroit Free Press)
Throughout the tenure of the museum’s former director, Consuelo Ciscar, the Institut Valencia d’Art Modern overpaid for acquisitions, inflated its attendance figures, among other suspicious actions, according to a city-ordered audit. The discoveries have led to an official investigation into Ciscar’s actions as director. (via Hyperallergic)
The National Gallery of Art’s board of trustees has named a new trustee, with philanthropist David M. Rubenstein joining for a 10-year term, replacing Victoria Sant, who will become trustee emerita. Rubenstein is also chairman of the board of trustees at the John F. Kennedy Center for the Performing Arts and a regent of the Smithsonian institution. (via ARTnews)
Sotheby’s also saw the complete sale of a collection of Picasso ceramics today, which had been consigned by the artist’s granddaughter, Marina Picasso. The sale brought in $19.3 million in total, with 87% of lots offered going for sums above their high estimate. (via Art Market Monitor)
Earlier this year, Turkish President Recep Tayyip Erdoğan was fined approximately $3,800, after calling sculptor Mehmet Aksoy’s unfinished Monument to Humanity a “monstrosity.” After a very short-lived victory, Mehmet Aksoy now finds himself facing four years in prison for insulting the president. (via Hyperallergic)
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Via @brooklynarchitect: “Head uptown to find your inner Illuminati. #SeeYourCity #TheCloisters #metmuseum”
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“14 Women Artists Who've Changed The Way We Think About Design” (via Huffington Post)
“A Collector Cashes In on Vintage Toy Banks” (via the New York Times)
Want to catch up with the rest of this week’s news? Review past Daily Digests here.