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sales roundup art basel qatar 2743601

The inaugural edition of Art Basel Qatar launched with a unique booth-less format, prioritizing single-artist presentations and regional connections over the typical high-speed frenzy of European fairs. While the pace of transactions was more measured, significant sales were reported, including a $250,000 video installation by Kutlug Ataman sold by Niru Ratnam to an institution and multiple works by regional stars like Ahmed Mater and Ali Cherri. High-value blue-chip items, including a $42 million Picasso, remained tucked away in private viewing rooms to accommodate the region's preference for discretionary collecting.

London’s National Gallery receives record-breaking donations for new wing—and will start collecting contemporary art

London's National Gallery has announced plans for a major new extension, costing around £400 million, with £375 million already raised in record-breaking donations. Two anonymous pledges of £150 million each, from Michael Moritz's Crankstart foundation and the Julia Rausing Trust, are described by director Gabriele Finaldi as the largest-ever known cash donations to any cultural institution globally. The new wing, to be built on the site of St Vincent House, will open in the early 2030s following an international architectural competition launching on 12 September. The gallery also revealed it will begin collecting 20th-century and contemporary art, expanding its traditional cutoff of around 1900, in collaboration with Tate.

Art initiative brings 10 new contemporary works by local artists to Johns Hopkins

Johns Hopkins University has acquired 10 new contemporary artworks by local Baltimore artists as part of an initiative launched in 2023 to collect and display art by regional talents. The second round of acquisitions includes works by Brandon Donahue-Shipp, Bria Sterling-Wilson, and Jerrell Gibbs, among others. The pieces will be displayed at the Irene and Richard Frary Gallery in Washington, D.C., as part of the exhibition "Strong, Bright, Useful, and True: Recent Acquisitions and Contemporary Art from Baltimore" before being installed across Johns Hopkins campuses.