The Tamesis
Editor’s note: This story originally appeared in On Balance, art news Newsletter about the art market and beyond. Register here Receive it every Wednesday.
Happy Wednesday! Here’s a roundup of the moves and shakers in the art trade this week.
Industry trends
Coco Fusco and Jeffrey Gibson Named Speakers for Johns Hopkins University’s Sam Gilliam Lecture Series: As part of a series supported by the Sam Gilliam Foundation, both artists will each give free speeches at the university’s Bloomberg Center in Washington, D.C.—June 8 at Fusco and November 12 at Gibson.
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Hampton Black Arts Council announces Sag Harbor artist residency program: Founded in 2023 by artist and curator Storm Ascher, the nonprofit is currently raising funds to establish a permanent artist residency on Black-owned land in one of the oldest free Black settlements in the United States.
MCA Denver receives $1M gift of free admission for teens: Admission is free to all visitors 18 and under through June 30, 2031, thanks to a donation from Precourt Foundation philanthropist Amanda Precourt.
Xavier Hufkens takes over Richard Aldridge: The New York-based painter will exhibit with the Brussels gallery at Art Basel in June, before having his first solo exhibition at the Brussels gallery in spring 2027.
Galatea announced that it represents Grauben-Lima Mountain Estate: The Brazilian gallery will showcase the legacy of the late self-taught painter, who began painting at the age of 70 and created approximately 3,000 works before her death in 1972.
Green Art Gallery adds Fatma Al Ali to roster: The Sharjah-based artist’s work spans sculpture, installation and moving image, drawing on archival research and oral history to examine land, memory and colonial frameworks in the Gulf region.
Richard Rezac joins Chris Sharp Gallery: The influential American sculptor is known for his intricately crafted works in bronze, aluminum and wood that utilize furniture and architectural details.
Oakland Museum of California receives gift of ceramics and $1 million donation: The Brian and Edith Heath Foundation has donated more than 100 objects created by California ceramics pioneer Edith Heath, expanding the museum’s Heath collection to more than 200 works and providing funds to support long-term care in the craft and decorative arts.
The big number: $18 million.
This is Banks’ highest estimate Girl and balloon on discovered landscapea painting from the artist’s Crude Oil collection, will be sold at a Fair Warning live auction at Tiffany’s Fifth Avenue flagship store, by invitation only. The sale is the third time Fair Warning has held a live auction.
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After the opening in Venice, the focus of the art world this week may be New York, alternately celebratory, sometimes fiery, but new york times Its gaze is further east. International editor Mercedes Hutton’s feature profile profiles one of Asia’s most important art collectors, Swiss businessman Uli Sigg, whose collection forms the backbone of Hong Kong’s M+ museum. Sigg’s intention had always been to give the collection – a group of nearly 1,500 works of contemporary Chinese art ranging from painting, performance and digital art – to a Chinese institution so that it could be seen by the public. M+ proved to be the perfect choice as it is located in Hong Kong and offers more freedom with exhibition content. But, as Hutton points out, Hong Kong has changed dramatically in the 15 years since his donation, resulting in a narrowing of the range of works that can be exhibited. Among the works that are no longer considered acceptable is a photo from Ai Weiwei’s “Perspective Studies” series, in which the artist raises his middle finger in front of a world landmark. This photo shows Ai Weiwei’s finger in front of the Tiananmen Rostrum.
