The Best and Worst of the Art World This Week in One Minute

Featuring everything you need to know about the Knoedler forgery scandal.

Heather Guertin, 4 Visions (Blue, Yellow, Red, Green), 2016. Image: Courtesy of Brennan Griffin.
Heather Guertin, 4 Visions (Blue, Yellow, Red, Green), 2016. Image: Courtesy of Brennan Griffin.
Photo: Instagram/@lemondefr.

Photo: Instagram/@lemondefr.

BEST
Frank Stella‘s former home and studio was purchased for $22 million.

Blake Gopnik on Picasso’s $100 million Buste de Femme is currently at the center of a major Larry Gagosian lawsuit.

Banksy‘s first interactive street artwork criticizes the use of teargas by the French police on refugees.

The Art Institute of Chicago received a $35 million gift, the largest in the museum’s history.

It’s official: Art Los Angeles Contemporary is the West Coast’s hottest art fair.

Melva-Bucksbaum-collecting

Melva Bucksbaum.
Photo: Copyright © 2014 Patrick McMullan Company, Inc.

WORST
Istanbul’s acclaimed SALT Beyoğlu art center may have closed due to pressure from the government.

Everything you need to know about the Knoedler forgery trial, which kicked off this week with testimony from Gretchen Diebenkorn and Domenico De Sole.

Sotheby’s lost an estimated $12 million in the A. Alfred Taubman sale thanks to that famous $500 million guarantee.

An ugly legal battle has erupted over the estate of esteemed art collector and patron Melva Bucksbaum, who passed away last year.

Paul Allen’s yacht destroyed an estimated 1,200 square meters of coral reef off the coast of the Cayman Islands.


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