Art Industry News: Will Franchise-Hating Generation Z Be the Savior of Small Galleries? + Other Stories

Plus, collectors Emily and Mitchell Rales are the buyers of that record-setting Lee Krasner painting and Leonora Carrington gets a biopic.

Will these people save the art business? (Photo by In Pictures Ltd./Corbis via Getty Images)
Will these people save the art business? (Photo by In Pictures Ltd./Corbis via Getty Images)

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Tuesday, May 21.

NEED-TO-READ

Nuremberg Will Preserve, But Not Restore, Hitler’s Parade Ground – The Bavarian city where Hitler presided over vast Nazi rallies will spend €85 million ($95 million) to conserve the parade-ground complex he built, which is now a crumbling monument to his megalomania. After years spent considering what to do with the site, Nuremberg has ultimately decided to preserve rather than bulldoze or repurpose it because “it is an important witness to an era—it allows us to see how dictatorial regimes stage-manage themselves,” says Julia Lehner, Nuremberg’s chief culture official. (The Art Newspaper)

Leonora Carrington Is Getting a Biopic – The English Surrealist artist’s eventful life is coming to the silver screen. German director Thorsten Klein and producer Lena Vurma are working on a biopic about Leonora Carrington, who rebelled against her privileged background and defied her father’s wishes to become an artist. She moved to France with the German artist Max Ernst on the eve of World War II. Having survived being put in an asylum in Spain after fleeing the Nazis, she moved to New York and then to Mexico, where she died at 94, one of the last of the Surrealists. (Screen Daily)

Should the Art Market Be Wooing Gen Z? – They don’t like brands or big business, so under-22s—also known as Gen Z—could be a boon for smaller galleries struggling for attention in a big-brand world. Bonhams’s new marketing chief Marc Sands says that keeping on top of how members of Gen Z receive information is crucial. “The next generation may never return to the media that the older generation used,” he notes. Wonderful. (TAN)

Eiffel Tower Is Shut Down After an Intruder Climbs It – Police evacuated thousands of people from the Eiffel Tower and cleared the surrounding streets after a man attempted to climb to the top of the 81-story monument on Monday. He remained there for a hair-raising five hours after he was first spotted. Eventually, firefighters and police negotiators persuaded him to come down and the man was taken into custody. “[He] entered the tower normally and started to climb once he was on the second floor,” an Eiffel Tower spokeswoman told Reuters. The tower reopened on Tuesday morning. (AP, BBC)

ART MARKET

Glenstone Revealed as Lee Krasner Buyer – The founders of the Maryland private museum Glenstone, Emily and Mitchell Rales, are the proud new owners of Lee Krasner’s The Eye is the First Circle (1960), which sold for $11.7 million at Sotheby’s last week, setting a new auction record for the artist. (Twitter)

Master Forger Will Auction His Art – Britain’s most notorious forger, whose fake “Gauguin” sculpture fooled the Art Institute of Chicago, is selling his original works of art at auction in his hometown of Bolton in the North of England. Sean Greenhalgh is also working on a feature film based on his autobiography, which he wrote in prison. (Bolton News)

McArthur Binion Joins Richard Gray Gallery – The artist known for his minimalist abstract paintings has joined Richard Gray Gallery and will have a show at its Chicago space in 2020. Binion is also represented by Lehmann Maupin and Massimo De Carlo. The artist, who is based in Chicago, previously showed with Kavi Gupta in the city. (ARTnews)

COMINGS & GOINGS

British Museum Could Loan Tabots to Ethiopia – The British Museum’s director Hartwig Fischer has offered to discuss with trustees the “long-term loan” of sacred Ethiopian tabots (Christian plaques), which are among the most culturally sensitive objects looted by the British after the Battle of Maqdala. The Ethiopian Orthodox Church believes that the 11 tabots should never be viewed by anyone other than its priests. (TAN)

Why an Indianapolis Museum Changed Its Name – The Indianapolis Museum of Contemporary Art has rebranded itself as Indianapolis Contemporary, or I/C, and decided to remain nomadic instead of moving into a retrofitted Ford assembly plant as planned. By staying nimble and using existing space around the city, “we’re able to put more money into paying artists to create new work,” says consulting director Michael Kaufmann. (Indianapolis Star)

FOR ART’S SAKE

Art World Is Experiencing a “Re-Skilling,” Jeffrey Deitch Says – The dealer who has long championed figuration delivered the commencement address to graduates of the figuration-focused New York Academy of Art on Sunday. “You are graduating at the right time,” he told them. “The most exciting new trend in art is the revival of figuration. The operative word now to describe a contemporary artistic approach is ‘re-skilling.'” At this moment, he said, the public is hungry for art that “addresses our lives and our world.” (Press release)

Why a Paris Museum Borrowed a Hospital Scanner – The Musée du Quai Branly borrowed a 1.5-ton scanner from Samsung to x-ray 150 artifacts in its collection. In the past, curators have had to take ethnographic objects to a Paris hospital to discover more about their construction and inner workings. France’s nuclear safety authority had to give permission for the museum to install the machine on its premises for the week-long project. (France Inter)

The Nasher Unveils Nicole Eisenman’s Fountain – Dallas’s Nasher Sculpture Center has unveiled the artist’s group of five sculpturesSketch for a Fountainin its garden alongside work by Modern masters Picasso, Jean Arp, and Barbara Hepworth. A portion of the installation was purchased through the Kaleta A. Doolin Acquisition Fund for Women Artists; the rest is a promised gift from the Green Family Collection. Eisenman originally presented at a plaster version of the work at the 2017 Skulptur Projekte Münster, where it was repeatedly targeted by vandals. (Press release)

Nicole Eisenman, <i>Sketch for a Fountain</i>, 2017 (cast 2018–19) (detail), bronze, five elements. © Nicole Eisenman Photo: Kevin Todora, courtesy Nasher Sculpture Center

Nicole Eisenman, Sketch for a Fountain, 2017 (cast 2018–19) (detail), bronze, five elements. © Nicole Eisenman Photo: Kevin Todora, courtesy Nasher Sculpture Center


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