san francisco art institute casa arts center 2653645

The historic San Francisco Art Institute campus, which shuttered in 2023 following bankruptcy, is being revitalized as the California Academy of Studio Arts (CASA). Founded by billionaire philanthropist Laurene Powell Jobs, the new center will offer a free, unaccredited, year-long studio program for up to 30 emerging visual artists. The initiative aims to foster an experimental environment inspired by Black Mountain College, providing mentorship, workshops, and public engagement platforms.

RED BANK: NEW GALLERIA GALLERY OPENS DOORS

Amelchenko Gallery has officially opened its doors in Red Bank, New Jersey, relocating from Sea Bright to the Galleria complex on Bridge Avenue. The gallery celebrated its arrival with a ribbon-cutting ceremony and a reception for its inaugural exhibition, "Reel Icons," featuring the work of New York-based artist Ginette Laboz. Laboz utilizes a unique pointillist technique, applying paint with pastry tools to create large-scale reinterpretations of iconic cinematic moments from films like "Pulp Fiction" and "When Harry Met Sally."

Serakai Studio to unveil cultural lab GOLD with inaugural exhibition 'CERTAINLY'

Serakai Studio is launching a new cultural laboratory and exhibition space called GOLD in Hong Kong’s Wong Chuk Hang district. The venue, situated in a repurposed bank and jewelry shop, will debut with a group exhibition titled "CERTAINLY" curated by Tobias Berger. The show features a diverse roster of international and local artists, including Pak Sheung Chuen, Shinro Ohtake, and Santiago Sierra, all responding to the theme of uncertainty inspired by La Monte Young’s 1960 instructional compositions.

A new home for Asian contemporary art opens in landmarked building in Manhattan's Chinatown

The Wang Contemporary has officially opened its doors in a landmarked Beaux Arts building at 58 Bowery in Manhattan’s Chinatown. Founded by fashion designer Alexander Wang and his mother, Ying Wang, the cultural organization debuted with a site-specific installation by the Brooklyn-based conceptual collective MSCHF titled '20,000 Variations On A Paper Plane In Flight.' The performance featured red and gold paper planes launched from the building's central oculus, blending traditional Lunar New Year symbolism with conceptual art in a space that formerly served as a bank.

phillips reveals lineup for its march sales in london including scandinavian masterworks and 800 k emin painting 1234774500

Phillips has unveiled the lineup for its upcoming Modern and Contemporary art sales in London, scheduled for March 5 and 7. The auctions are headlined by a significant group of Scandinavian masterworks from the collection of former US Ambassador John L. Loeb, led by Vilhelm Hammershøi’s "Interior of Woman Placing Branches in Vase on Table" (1900), estimated at up to £2 million. Other major highlights include a rare Andy Warhol "Mao" painting, a Banksy work formerly owned by Robin Williams, and pieces by Tracey Emin, El Anatsui, and Donald Judd.

qubbet al hawa egypt tombs pottery discovered 1234774157

A research team from Egypt’s Supreme Council of Antiquities has unearthed a significant cache of artifacts at the Qubbet Al-Hawa necropolis near Aswan. The discovery includes two chambers containing 160 well-preserved pottery vessels, many inscribed with text, alongside a courtyard filled with Middle Kingdom jewelry, bronze mirrors, and kohl containers. These finds were located within rock-cut burial shafts that served as resting places for ancient Egyptian elite.

nada new york 2026 exhibitor list 1234774146

The New Art Dealers Alliance (NADA) has announced the exhibitor list for its 12th New York edition, featuring over 110 galleries from around the globe. Scheduled for May 13–17, 2026, the fair returns to the Starrett-Lehigh Building in West Chelsea, showcasing a mix of 45 NADA members and 51 first-time participants. Highlights include the TD Bank Curated Spotlight, which will be organized by Anthony Elms, the artistic director of the Mattress Factory.

Paint Drippings: Art Industry News February 23

paint drippings art industry news feb 23 2747715

This week’s art industry roundup highlights major shifts across the global market, including Art Basel’s announcement of 290 galleries for its flagship Swiss fair and Sotheby’s adjustment of its buyer’s premium rates. Significant personnel moves include Devyani Saltzman’s abrupt departure from the Barbican, which sparked an open letter from over 170 cultural figures, and Anne-Claire Legendre becoming the first woman to lead Paris’s Arab World Institute.

brazilian authorities search bank ceo art assets 1234774000

Brazilian authorities are targeting the art collection and luxury assets of Daniel Vorcaro, the CEO of the recently liquidated Banco Master SA, as part of a massive fraud investigation. Following the bank's collapse due to insolvency and regulatory violations, liquidators filed subpoenas in a Miami federal court to probe Vorcaro’s dealings with blue-chip galleries and auction houses. Officials believe the financier may have funneled bank funds into high-value artworks and real estate to shield his wealth.

louvre counterfeit ticket scheme fraud inevitable 1234773996

French authorities have dismantled a massive decade-long ticket fraud scheme involving the Louvre and the Palace of Versailles, resulting in the arrest of nine individuals, including two museum employees. The scam, which allegedly involved Chinese tour guides bribing staff to reuse tickets for multiple groups, is estimated to have cost the institutions millions of euros. Investigators have already seized nearly €1.5 million in various currencies and bank accounts as part of an ongoing judicial probe into organized fraud and money laundering.

sothebys hikes buyers fees restitution battle franz marc painting 1234773693

Sotheby's has increased its buyer's premiums globally, with the new fee structure taking effect on February 13. The changes mean buyers of lower-value lots will pay higher rates, with the premium for works sold in New York for up to $2 million rising from 27% to 28%. This move follows similar adjustments by rivals Christie's and Phillips, as auction houses seek to bolster revenue during a prolonged art market downturn. Sotheby's also recently raised $900 million through art-backed loans via securitization.

wang contemporary ying alexander wang 2744300

Designer Alexander Wang and his mother Ying Wang have acquired the historic 58 Bowery building in New York's Chinatown for $9.5 million, marking its first Chinese American ownership. They are transforming the former bank into a cultural venue named Wang Contemporary, which will host exhibitions, performances, and festivals focused on Asian and Asian American creatives, with an inaugural exhibition by the art collective MSCHF.

wang contemporary ying alexander wang 2744300

Designer Alexander Wang and his mother Ying Wang have acquired the historic 58 Bowery building in New York's Chinatown for $9.5 million, marking its first Chinese American ownership. They are transforming the former bank into a cultural venue named Wang Contemporary, which will host exhibitions, performances, and festivals focused on Asian and Asian American creatives, with its inaugural exhibition curated by the art collective MSCHF.

collectibles digest january 2026 2738487

A rare cassette tape containing one of the earliest known recordings of rapper Tupac Shakur, made in 1988 at his friend Ge-ology's home, is being auctioned by the music collecting platform Wax Poetics with an estimate of $120,000–$150,000. The sale includes other personal artifacts like handwritten lyrics and photos from Tupac's pre-fame years in Baltimore, with bidding ending February 11.

lincoln townley eclipse art group 2744811

British artist Lincoln Townley has launched a new series titled "Success," which explores the psychology of ambition and achievement through gestural, abstract portraits. The collection, available through his partnership with the Prague-based Eclipse Art Group, expands his market into Eastern Europe, following successful sell-out exhibitions at the London Art Fair 2025 and a planned presentation at the Palazzo Bembo during the 2026 Venice Biennale.

Ubuntu hosts Fellowship for Black Artists exhibition for a third year

Mural Arts Philadelphia, in partnership with Ubuntu Art Gallery, has opened its sixth annual Fellowship for Black Artists exhibition, featuring 30 works by 11 emerging artists from the 2025 cohort. The opening reception drew a crowd of fellows, collaborators, and art lovers to the gallery, where speeches highlighted the program's impact and mission.

with new bill israel moves to expand control over ancient west bank sites 1234773036

The Israeli Knesset's Ministerial Committee on Legislation approved a first reading of a bill that would grant Israel's Heritage Minister sweeping authority over antiquities in the West Bank. The legislation allows for the appointment of a governing council, the designation of antiquity sites, and the expropriation of land and artifacts across the occupied territory, including areas currently under Palestinian civil control.

Opening Gala for DIVA

The Denver Art Museum is hosting the opening gala for "DIVA," a touring exhibition originally created by the Victoria and Albert Museum (V&A) in London. The event is supported by premier sponsors Joy and Chris Dinsdale, with additional funding from several prominent donors and organizations including U.S. Bank and the Scientific and Cultural Facilities District (SCFD).

Renowned Mexican art collection to be managed by Spanish bank

Banco Santander announced on 21 January that it will manage 160 works from the Gelman Collection of 20th-century Mexican art, following a long-term agreement with the Zambrano family, which acquired the collection in 2023. The newly branded Gelman Santander Collection will debut this summer at Faro Santander, the bank's new venue in Cantabria, Spain. The collection, started by Russian-born film producer Jacques Gelman and his wife Natasha, includes major works by Frida Kahlo, Diego Rivera, Rufino Tamayo, and others, but has been largely out of public view since 2008 amid inheritance disputes. The agreement is complicated by Mexican law, which designates many works as National Artistic Monuments, restricting their permanent export and requiring oversight by the Instituto Nacional de Bellas Artes y Literatura (INBAL).

Asheville Art Museum exhibit spotlights American Impressionism

The Asheville Art Museum in North Carolina will present "In a New Light: American Impressionism 1870–1940 | Works from the Bank of America Collection," an exhibition featuring over 120 works that trace the development of American Impressionism and its break with academic tradition. The show runs from February 7 through June 29, 2026, and is made possible through the Bank of America Art in our Communities program, which loans exhibitions at no cost to nonprofit community museums.

mnuchin gallery to close 2742558

Mnuchin Gallery, a blue-chip art gallery on Manhattan's Upper East Side, will close at the end of February after 34 years, following the death of its founder Robert Mnuchin in December at age 91. The gallery, known for museum-quality exhibitions of Modern and postwar art, concluded its final show—a survey of Julian Schnabel's plate paintings—on Saturday. Partner Michael McGinnis said the decision to close was made to end on a high note, honoring Mnuchin's passion and vision.

Israeli Authorities Plan to Seize Major Archaeological Site in West Bank, Sparking Outrage

sebastia west bank archaeological site israel palestinians 1234771807

Israeli authorities have announced plans to seize a 182-hectare archaeological site in the West Bank town of Sebastia, the largest such land seizure for an archaeological project since 1967. The plan includes building a visitor center, parking lot, and a fence that would separate the site from the Palestinian town, cutting off local access to both the ruins and surrounding olive groves. The move has been denounced by Palestinian residents and officials as an aggression that threatens livelihoods and erases Palestinian identity.