Category: visual

The theory is that more Americans will be staying at home for awhile instead of travelling out of country. Reluctant to give Americans up as customers, “a growing number of British dealers are establishing a more formal presence by opening galleries in New York. The logic is simply that if the customers are not coming to you, then you must go to them.”

There are some signs that art is currently a better investment than stocks and bonds. “Since London shares were last at present levels, seven years ago, the painting segment of the art market, as measured by Artprice.com, has provided an annual return of 6.8 per cent. A painting pays no dividend, is expensive to insure, and will cost you fat commissions to buy and sell. But if you put your 1996 nest-egg into a well-chosen work of art, rather than a selection of FTSE 100 blue-chips, you could afford to be pretty smug.”

“Paradoxically, despite the fact that architecture now seems more than ever to be dominated by that flying circus of the perpetually jet- lagged who get to build everything, architecture is one of those areas in which, given the right circumstances, the differences between the metropolitan and the provincial count for much less than they do in most other cultural forms. The new names that are beginning to attract international attention in architecture are as likely to be from Croatia, Iran or China and Ireland as they are from America or Japan.” And now Irish architects are making their move.

The California African American Museum reopens this week after a $3.8 million renovation. This is good news, but the state’s budget crisis has once again put the museum at risk. The CAAM was created 25 years ago, but it has never really had the opportunity to become financially stable, since a heavy reliance on wildly fluctuating state funding has kept it subserviant to the whims of politicians. The latest round of state cuts will see the museum’s budget shrink by 35%, and the CAAM is scrambling to find ways to make up the difference.

Jan Vermeer is one of the great enigmas of the art world, and the dearth of real information about his life has only increased the popularity of his work in recent years. A new documentary attempts to tie together the scraps of biographical interest which have been unearthed over the years, and creates a more complete portrait of the Dutch master than any seen before. And while Vermeer’s work tends to reflect quiet contentment, the filmmaker “argues that the artist imagined on canvas a vision of tranquility which eluded him in life.”

“Masterpieces from the Tate collection, including The Rock Drill – an icon of 20th century sculpture by Sir Jacob Epstein which expresses his revulsion at the carnage of the first world war – will be loaned to regional museums through a scheme funded by a £440,000 heritage lottery grant announced yesterday… The loans project, launched in 2000 on a modest budget, has been a spectacular success and resulted in some exhibitions in the regions – notably one on Constable in Sheffield – which were more admired by critics than major exhibitions at Tate Britain.”

“Fragments of an ancient Roman statue of Apollo, illegally excavated several years ago near the Italian capital, were recovered in London, police said this week.” The fragments were actually discovered in February, but the find was not announced until this week. Authorities had been searching for the artifacts for six years, and had pursued the thieves through at least four European nations. Two people have been arrested in connection with the discovery.

Despite a down economy, four museums in Ohio are embarking on big expansion projects. The Cleveland Museum of Art announced plans two months ago for a $225 million renovation and expansion, the Toledo Museum of Art is spending $27 million on a new, 47,000-square-foot center for glass art, in June, the Contemporary Arts Center in Cincinnati will open its new $37-million Lois and Richard Rosenthal Center, designed by Zaha Hadid of London, and the Akron Museum is raising $34 million for an expandion.

The director-general of Dresden’s 12 museums says he won’t return Old Master paintings from the reserve collection to the refurbished store of the Gemäldegalerie Alte Meister. The storage area was flooded last year when the River Elbe and its tributaries broke their banks and a new storage facility is not likely to be built soon.

At its peak, Boston’s Museum of Fine Arts shops catalog generated $3.5 million a year. “In this age of the museum mall, cultural institutions have come to increasingly rely on income from exhibit-related products. The MFA’s gift magazine is designed to compete with the Pottery Barn, L. L. Bean, and Sundance catalogs. MFA officials say the museum’s stores continue to do well, but the catalog has struggled.” In 2001 the museum’s retail enterprises were spun off into a private company…and lost $2.9 million in its first year. So the museum is canceling this spring’s catalog.