filter_list Showing 3 results for "Baseline" close Clear
search
dashboard All 8 trending_up market 3article news 3museum exhibitions 1article policy 1
date_range Range Today This Week This Month All
Subscribe

frank lloyd wright price tower legal saga over

An Oklahoma bankruptcy court ruled on April 28 that Frank Lloyd Wright's Price Tower in Bartlesville, Oklahoma, will be sold for $1.4 million to McFarlin Building LLC. The sale concludes a two-year legal saga involving previous owner Cynthia Blanchard, who acquired the building for $10 in 2023 but failed to follow through on promised renovations, leading to a bankruptcy auction with no additional bids beyond McFarlin's baseline offer. The new owner, Macy Snyder-Amatucci, plans to revive the building as a hotel and residences.

career coach survey artists careers paddy johnson

New York artist mentor Paddy Johnson released the inaugural New Visions Report on Wednesday, surveying 1,000 mid-career artists to assess their careers with the same data-driven approach used for other businesses. The report, produced with arts journalist Julia Halperin and Gray Market columnist Tim Schneider, reveals that 75 percent of surveyed artists earn $15,000 or less from their practice, 45 percent earned less in 2025 than in 2024, and 56 percent say debt influences their decisions. Despite these struggles, 73 percent remain optimistic about their careers. The report also found that even the most successful artists—those with gallery representation and museum shows—face debt and lack basic systems like estate plans, while 82 percent want more gallery and museum opportunities but are unsure how to achieve them.

sothebys institute of art under federal hcm2 finances

Sotheby's Institute of Art (SIA), a for-profit graduate school in London and New York, has been under the U.S. Department of Education's 'Heightened Cash Monitoring 2' (HCM2) designation since December 2023, a status reserved for institutions with serious financial or compliance concerns. The designation bars the school from receiving federal financial aid in advance, requiring it to front its own funds and seek reimbursement. Public records and financial filings reveal that SIA has fallen below federal 'financial responsibility' baselines, and its UK auditors noted 'material uncertainty' about the school's ability to continue as a going concern, though management asserts it has adequate resources.