Art News. Vasari Codex

article news schedule May 12, 2025 visibility 10 link 25 artists, 4 galleries

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This week's art industry roundup covers major auction activity, including Christie's $250 million sale of Barnes and Noble founder Len Riggio's collection, and Sotheby's postponement of an ancient Buddhist gemstone auction after criticism from academics and India's Ministry of Culture. Frieze New York, recently sold to Ari Emanuel, reported strong sales with a $3 million Jeff Koons sculpture at Gagosian, while Gagosian's TEFAF New York booth featuring Anna Weyant's jewelry-themed paintings sold out. Other news includes Céline Assimon's appointment as chief commercial officer at Bonhams, the Spring Break Art Show's return, and gallery representation changes.

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trending_up market schedule May 6, 2025 visibility 6 link 5 artists, 5 galleries

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Seven works on paper by Egon Schiele have been restituted to the heirs of Fritz Grünbaum, a Jewish cabaret performer killed at Dachau concentration camp in 1941 after being forced to surrender his art collection to the Nazis. Six of these pieces will be auctioned at Christie’s New York in November 2024, with three watercolor portraits—including *Stehende Frau (Dirne)* (1912), *Selbstbildnis* (1910), and *Ich liebe Gegensätze* (1912)—headlining the 20th Century Evening Sale on November 9, and three more offered in the Impressionist and Modern Works on Paper Sale on November 11. Estimates range from $150,000 to $2.5 million per work, and proceeds will be split among Grünbaum’s heirs, who plan to fund a scholarship program for young musicians.

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gavel restitution schedule May 7, 2025 visibility 4 link 3 artists

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The Art Institute of Chicago is appealing a New York court order to return Egon Schiele's drawing *Russian War Prisoner* (1916) to the heirs of its original owner, Fritz Grünbaum, a Jewish art collector who died in a Nazi concentration camp. The museum secured a temporary stay while it pursues the appeal, following an April ruling by Justice Althea Drysdale that found credible evidence the 1956 sale to Swiss dealer Eberhard Kornfeld was illegitimate. The drawing was seized from the museum in September 2023 and remains off view.

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gavel restitution schedule Apr 25, 2025 visibility 4 link 1 artist

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A New York judge has ordered the Art Institute of Chicago to return Egon Schiele's 1916 drawing to the heirs of Fritz Grünbaum, an Austrian Jewish art collector persecuted during the Holocaust. The ruling, issued by Judge Althea Drysdale, determined that the work was looted by the Nazis and that the museum failed to properly scrutinize its provenance, relying on discredited records from Swiss dealer Eberhard Kornfeld. The drawing had been in the museum's collection since 1966 and was seized in 2023; the museum plans to appeal.

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gavel restitution schedule May 7, 2025 visibility 6 link 2 artists

emergency stay art institute of chicago schiele restitution case 2640195

The Art Institute of Chicago has been granted an emergency stay by an appellate judge, pausing the restitution of Egon Schiele's drawing "Russian War Prisoner" (1916) to the heirs of Fritz Grünbaum, a Jewish cabaret performer and art collector who died in a Nazi concentration camp. The museum is appealing a New York Supreme Court judge's April 23 order to surrender the artwork, which has been off view since September 2023 when it was seized by the Manhattan District Attorney's office. The museum disputes that the work was looted, citing evidence that Grünbaum's sister-in-law recovered the collection after the war and sold it to a dealer.

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gavel restitution schedule May 6, 2025 visibility 6 link 6 artists

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A Manhattan judge has blocked London-based art dealer Richard Nagy from selling or transporting two watercolors by Egon Schiele, which were on display at his booth during the Salon of Art + Design fair at the Park Avenue Armory. The works—Woman in a Black Pinafore and Woman Hiding Her Face—are claimed by the heirs of Fritz Grünbaum, a Jewish Holocaust victim and cabaret performer who died at Dachau. The heirs, Timothy Reif and David Fraenkel, filed suit in Manhattan Supreme Court, alleging the paintings were among 400 artworks surrendered to the Nazis by Grünbaum's wife. Nagy disputes the claim, arguing the works were sold legally by Grünbaum's sister-in-law in 1956 and that previous arbitration boards found no evidence of Nazi looting.

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article news schedule May 7, 2025 visibility 5 link 9 artists

d c protestors rally for embattled national african american museum sothebys halts controversial buddha gem sale morning links for may 7 2025 1234741021

Protesters demonstrated outside the National Museum of African American History and Culture in Washington, D.C., over the Trump administration's targeting of the institution. Separately, Sotheby's postponed a Hong Kong sale of ancient gems linked to Buddha's mortal remains after India threatened legal action, demanding their return as inalienable cultural heritage. Other news includes a proposed $257 million funding boost for the Kennedy Center, UK plans to dismantle the Department for Culture, Media and Sport, the sale of Frank Lloyd Wright's Price Tower, and a court stay on the restitution of an Egon Schiele drawing.

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gavel restitution schedule Mar 18, 2026 source 2 sources visibility 19 link 1 artist

Congress Moves to Expand Holocaust Art Restitution Claims

The U.S. Congress has passed an extension of the Holocaust Expropriated Art Recovery (HEAR) Act, a 2016 law designed to help heirs of Holocaust victims recover looted art. The new legislation aims to limit the ability of museums and other current holders to use time-based legal defenses, such as statutes of limitations, to block restitution claims, thereby pushing more cases to be decided on their factual merits.

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gavel restitution schedule Aug 21, 2025 visibility 4 link 3 artists

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A Czech man named Milos Vavra, a descendant of Jewish cabaret performer and collector Fritz Grünbaum who was murdered by the Nazis, has filed a lawsuit against Christie's in New York Supreme Court. Vavra demands that the auction house disclose the ownership and location of several blue-chip artworks from the Grünbaum Collection, including works by Egon Schiele. He alleges that Christie's entered a nondisclosure agreement with a Swiss family seeking to auction looted artworks, and he needs the information urgently to file claims before the Holocaust Expropriated Art Recovery Act (HEAR Act) statute of limitations expires in late 2026.

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