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Hampshire College, Whose Alumni List Includes Many Well-Known Artists, to Close After 51 Years

Hampshire College in Amherst, Massachusetts, has announced it will officially close following the fall 2026 semester, ending 51 years of operation. The decision follows a period of significant financial instability, including a reported $20 million debt and a failure to meet enrollment targets. The college has established agreements with regional institutions, such as Smith College and Bennington College, to allow current students to complete their degrees elsewhere.

top ukrainian art historian believes italian museum holds 14 fake russian and ukrainian modernist works

Konstantin Akinsha, a prominent curator and art historian of Russian and Ukrainian art, has identified 14 artworks in the collection of the Palazzo de Nordis museum in Cividale del Friuli, Italy, as likely forgeries. In a Substack post and interview with ARTnews, Akinsha scrutinized the De Martiis Collection, donated in 2015 by the late collector Giancarlo De Martiis, which includes works attributed to Russian and Ukrainian modernist painters. He points to suspicious provenances involving Jean Chauvelin, a disgraced French art dealer, and Boris Gribanov, a convicted forger. A specific still life attributed to Olga Rozanova (1915-17) is nearly identical to a 1999 painting by contemporary Russian artist Andrei Saratov, who confirmed he did not paint the museum's version. Elisabetta Gottardo, the municipal head of culture, acknowledged Akinsha's authority and pledged further investigation.

Pennsylvania college moves to sell its entire art collection amid $20m budget shortfall

Albright College, a liberal arts institution in Reading, Pennsylvania, is selling its entire art collection of mostly works on paper to address a $20 million budget shortfall. The online-only sale, held on July 16 at Pook & Pook auction house, includes 524 lots featuring works by artists such as Karel Appel, Romare Bearden, Jasper Johns, Jacob Lawrence, and Bridget Riley. College administrators, including vice-president James Gaddy, describe the collection as "not core to our mission" and estimate the consigned pieces are worth $200,000, while the cost of maintaining the gallery and collection exceeds $500,000 annually. The sale is part of broader cost-cutting measures that have already included laying off 53 employees and selling non-contiguous properties.