March 2020 – ARTDEALS

In a Surprise Move, the Metropolitan Museum of Art Is Looking to Its $3.6 Billion Endowment to Cover Costs

March 31, 2020

New York’s Metropolitan Museum of Art is extending staff pay until May 2—a cost that could be covered by the museum’s endowment. Forecasting a budget shortfall of as much as $100 million, the Met is looking into taking the unprecedented step of looking for creative ways to use its $3.6 billion endowment reserves to pay

Read more

In a Surprise Move, the Metropolitan Museum of Art Is Considering Dipping Into Its $3.6 Billion Endowment to Cover Costs

March 31, 2020

New York’s Metropolitan Museum of Art is extending staff pay until May 2—a cost that could be covered by the museum’s endowment. Forecasting a budget shortfall of as much as $100 million, the Met is looking into taking the unprecedented step of tapping its $3.6 billion endowment reserves to pay its expenses. “Our responsibility is to use

Read more

32 Years After Opening a Gallery to Show Female Artists, the Veteran Art Dealer Barbara Gross Reflects on How the Market Has—and Hasn’t—Changed

March 31, 2020

The German art world was surprised when stalwart gallerist Barbara Gross announced last week she would be closing her gallery after more than three decades in the business. But the veteran Munich-based dealer, who was an early champion of female artists, has decided to end on a high note. “It had nothing to do with

Read more

Thirty Years After Opening Her Gallery With an All-Female Roster, Barbara Gross Reflects on How the Market Has—and Hasn’t—Changed

March 31, 2020

The German art world was surprised when stalwart gallerist Barbara Gross announced last week she would be closing her gallery after more than three decades in the business. But the veteran Munich-based dealer, who was an early champion of female artists, has decided to end on a high note. “It had nothing to do with

Read more

‘There Will Be Enough for Everyone’: Berlin Distributes €500 Million to Artists and Freelancers Within Four Days of Launching Its Grant Program

March 31, 2020

Imagine you are a small businessperson or freelancer suffering a deep financial loss as a result of your city’s lockdown. You apply for a grant from the government on a Friday, submitting nothing more than your mailing address, a tax number, banking details, and a legal form with your company’s name. On Tuesday, you wake

Read more

El Greco Defied the Odds to Become One of the Most Pathbreaking Painters in Art History. See Why His Work Endures Here

March 31, 2020

While museums around the globe are closed to the public, we are spotlighting each day an inspiring exhibition that was previously on view. Even if you can’t see it in person, allow us to give you a virtual look. “El Greco: Ambition and Defiance” Art Institute of Chicago What the museum says: “Since El

Read more

El Greco Defied the Odds to Become One of the Pathbreaking Painters in History. See Why His Work Endures Here

March 31, 2020

While museums around the globe are closed to the public, we are spotlighting each day an inspiring exhibition that was previously on view. Even if you can’t see it in person, allow us to give you a virtual look. “El Greco: Ambition and Defiance” Art Institute of Chicago What the museum says: “Since El

Read more

A Chinese Millionaire and Prominent Gadfly of the Communist Party Has Vanished After Staging an Art Performance Criticizing Xi Jinping

March 31, 2020

Ren Zhiqiang, a Beijing-based real estate tycoon and vocal critic of his country’s government, has been missing since March 12, stoking widespread speculation that he was silenced by China’s government. One of the last things he did before disappearing was debut a performance artwork that critiqued the country’s authoritarian censorship policies. Ren, 69, rose to

Read more

A Chinese Millionaire and Prominent Critic of the Communist Party Has Gone Missing After Staging an Art Performance Criticizing Xi Jinping

March 31, 2020

Ren Zhiqiang, a Beijing-based real estate tycoon and vocal critic of his country’s government, has been missing since March 12, stoking widespread speculation that he was silenced by China’s government. One of the last things he did before disappearing was debut a performance artwork that critiqued the country’s authoritarian censorship policies. Ren, 69, rose to

Read more

SFMOMA Cuts or Furloughs Hundreds of Staff Members, Calling the Current Moment a ‘Very Painful Time for Our Museum’

March 31, 2020

The San Francisco Museum of Modern Art (SFMOMA) is the latest major US institution forced to make drastic staff cuts amid the escalating global health crisis. With the museum shuttered indefinitely, SFMOMA laid off 135 on-call staff, noting they will be fully paid through April 8, according to a March 27 statement from director Neal Benezra.

Read more

Load More Articles