Paint Drippings: Everything You Missed in the Art Industry Last Week

Get caught up on the latest market moves, fast.

Francis Bacon’s Study of George Dyer (1970) will head to Sotheby's in March. Photo: Courtesy of Sotheby's.

Art Fairs

–The New Art Dealers Alliance (NADA) has announced the lineup for their 10th edition in New York this May, with 92 galleries set to showcase, including newcomers such as Foundry Seoul, KDR, and Samuel Stewart. (Press release)

Design Miami/ will launch a Los Angeles edition this coming May to be held May 16 to 20 at a private Holmby Hills Estate designed by the late architect Paul Williams. The event follows the successful launch of a Paris edition last year, shortly after which it was announced that the L.A.-based digital marketplace Basic.Space would acquire the fair. Ashlee Harrison will direct the L.A. event while Henrik Purienne will lead the 2024 fairs as the newly appointed global creative director.  (Press release)

Auction Houses

–A controversial painting by Ivan Aivazovsky sold at Russia’s Moscow Auction House for about $1 million, with some claiming the canvas was stolen from Ukraine’s Mariupol Museum of Local Lore. (Artnet News)

–It’s a battle of the exes—Francis Bacon’s to be exact. Sotheby’s announced the artist’s study of George Dyer (1971) will go under the hammer in London next month, with a presale estimate of £5 million to £7 million ($6.3 million to $8.8 million). Last week, we noted that Bacon’s Landscape near Malabata, Tangier (1963), featuring Peter Lacy, will lead Christie’s 20th/21st Century Evening Sale in London the same week with a high estimate of £20 million ($25 million). (Press release)


Galerie Michael Werner is opening new spaces in Los Angeles and Athens in May, adding to its locations in Berlin, New York, and London. (Financial Times)

Joan Snyder has joined Thaddaeus Ropac, Kurimanzutto now represents the estate of John Giorno, Messums will now represent the estate of John Golding, Margot Samel now represents Cathleen Clarke, and Jack Shainman Gallery has taken on the representation of Charisse Pearlina Weston. (Press releases)

Artist Joan Snyder.

Joan Snyder. Photo: Marni Majorelle.

Institutions, Biennials, and Organizations 

Katharine “K.C.” Krieger, chief investment officer of The Broad Foundations and Family Office, has been named the next chief investment officer of the J. Paul Getty Trust, where she will manage its $8.6 billion endowment. (Press release)

Marilyn Jackson has been named the next president and CEO of the American Alliance of Museums. She currently leads the Muhammad Ali Center in Louisville, Kentucky, and will assume her new role in April. She succeeds former president and CEO Laura Lott. (Press release)

Qatar Museums have announced several new appointments, including Mohammed Al-Rumaihi as its new CEO and Shaika Nasser Al-Nassr as the director of the Museum of Islamic Arts. (Press release)

Christophe Leribault, the director of the Musée d’Orsay, has been named the new chair of the Château de Versailles. He succeeds Catherine Pégard, who drummed up controversy by overstaying her tenure as mandated by French law to retire after 11 years. (The Art Newspaper)

Tech & Legal News

–The U.S. Homeland Security office in New York announced that its investigative unit will return two important 18th-century religious paintings to Peru, where they were stolen from La Nuestra Senora de la Asuncion, a historic church in Puno. (Artnet News)

–The Helen Frankenthaler Foundation has filed a motion to dismiss the lawsuit against it by the artist’s nephew, Frederick Iseman, along with a bevy of documents purporting to show that he is on a “harassment campaign” after being removed from the organization’s board. It is the latest development in an ongoing family feud. (Artnet News)


Paint Drippings is excerpted from The Back Room, our lively recap funneling only the week’s must-know intel into a nimble read you’ll actually enjoy. Artnet News Pro members get exclusive access—subscribe now to receive this in your inbox every Friday.  

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