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 Thursday, October 26.

NEED-TO-READ

Barnes’s Big Attendance Comes at a Cost – The Barnes Foundation has crunched the numbers five years after its controversial move from a Philadelphia suburb to the city center (a decision the museum’s crabby founder Albert Barnes would have hated). Annual attendance is around 217,000, but running costs have shot up to $19.4 million, which is $6 million more per year than estimated. (Philadelphia Inquirer)

‘Artforum’ Editor Michelle Kuo Resigns – The editor-in-chief of Artforum, Michelle Kuo, is leaving the magazine. She will be replaced by David Velasco, the editor of Artforum.com, who has been with the publication since 2005. Kuo is said to have submitted her resignation last week, before the magazine’s publisher Knight Landesman resigned under a tide of allegations of sexual harassment. (ARTnews)

Berkshire Pulls Works From First Sotheby’s Sale – The Berkshire Museum has pulled half the works it planned to sell at Sotheby’s in New York on November 13. Despite a lawsuit brought by Norman Rockwell’s heirs, the museum is determined to go ahead with the controversial deaccessioning of a number of its most valuable works. (Berkshire Eagle)

Protest About Protest Art Lent to Smithsonian – A Rock Sioux Tribe archaeologist says a sculptural marker unveiled this week in the National Museum of the American Indian was stolen from the Dakota Access Pipeline protest camp. But Hickory Edwards, who is a member of the Onondaga Nation, supports the six-year loan of his piece of protest art. (West Fargo Pioneer)

ART MARKET

Picasso Portrait of Two Muses Leads Sotheby’s Sale – With an estimate of $18-25 million, the work, Buste de femme au chapeau, hits the auction block on November 14 in New York. Painted during a turbulent time in the master’s life, the portrait includes two of his greatest muses, Dora Maar and Marie-Thérèse Walter. (Press release)

Bonhams to Sell Arizona Landscape by Ernst – A star lot in the auction house’s November sale is a work Max Ernst created in 1957, when he was living in the Southwest. The artist gifted the painting—a surrealist take on the rocky vistas of Arizona—to a local surgeon. (Art Market Monitor)

Crowds Flock to Salvator Mundi in London – On view for two days only at the Christie’s St. James location, the Leonardo painting has attracted a crowd so big that a line snaked around the block. The work, from the collection of Dmitry Rybolovlev, will be sold in New York on November 15. (The Art Newspaper)

COMINGS & GOINGS

2017 Sobey Art Award Winner Named – Multidisciplinary artist Ursula Johnson, whose work addresses the legacy of colonialism, was awarded the $50,000 Canadian prize for young contemporary artists last night at the University of Toronto. (The Globe and Mail)

A Synagogue Art Space Is Coming to New York – The Milton Resnick and Pat Passlof Foundation will open to the public in February at the Eldridge Street synagogue on the Lower East Side, where the Abstract Expressionist couple lived and worked. The space, dedicated to the work of older abstract painters, will launch with a Resnick retrospective. (ARTnews)

Israel Museum Appoints New Director – Designer Ido Bruno has been named the new director of the Jerusalem museum, taking over from acting director Ayelet Shiloh Tamir, who will stay on as deputy director. (Artforum)

Henry Moore Sculpture Returns to London – The Blitz-inspired work known as “Old Flo” (1957) is back on display in London after two decades in Yorkshire Sculpture Park. But its new home among the skyscrapers of Canary Wharf is a far cry from the council estate in Tower Hamlets where Moore, a socialist, originally envisioned the work would live. (Guardian)

FOR ART’S SAKE 

Won’t Anyone Take Uzbek Dictator’s Daughter’s Favorite Artwork? – Lola Karimova-Tillyaeva of Uzbekistan is looking for a home for The Droplet by Marcos Lutyens, a 40-foot misting tubular sculpture that had been temporarily installed in Paris. But due to the troublesome political allegations against members of her family, it seems that she is having trouble finding a place for the work at New York’s institutions. (Page Six)

Rimini Altarpiece to Be Restored – The Liebieghaus Skulpturensammlung in Frankfurt has announced the upcoming restoration of one of the collection’s most important works, which will take place over the next three years. The Rimini is a late medieval sculpture that presents an ensemble scene of Christ’s crucifixion. (Press release)

Art Jameel Launches Commission Program – The Dubai-based Jameel Arts Center has launched its open call for artist commissions for its 2018 edition, which focuses on artists based in, or whose work is about, the Middle East, North Africa, and Turkey. The deadline is November 21. (Press release)

DC Portrait Gallery to Unveil Dizzy Gillespie Portrait – To celebrate the centennial of Gillespie’s birth, the Smithsonian’s National Portrait Gallery will display a black-and-white portrait of the jazz trumpeter, composer, and band leader by photographer Herman Leonard from October 26 to November 26. (Press release)

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