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paint drippings art industry news may 2 2639285

This week's art industry roundup covers major developments including the sale of Frieze to Hollywood powerbroker Ari Emanuel for $200 million, the opening of Frieze New York amid a cautious market, and the appointment of Alexander Rotter as global president of Christie's. Other highlights include the collapse of a record $32 million Gustav Klimt sale due to restitution issues, Phillips adding country-of-origin details to lot descriptions due to tariff confusion, and gallery moves such as Petzel now representing Tschabalala Self and Hauser & Wirth selling its Upper East Side townhouse for $10.5 million. The Mellon Foundation announced $15 million in emergency funds for state arts councils to offset cuts by the National Endowment for the Humanities.

acropolis michael rakowitz athens allspice mesopotamia 1234755193

Michael Rakowitz's survey exhibition "Allspice" at the Acropolis Museum in Athens explores themes of cultural displacement, looting, and historical narrative through works like his series "The invisible enemy should not exist" (2007–), which reconstructs looted artifacts from Baghdad's National Museum of Iraq using Arabic food wrappers and newspapers. The show also features his 2004 video "Return," documenting his effort to import Iraqi dates labeled as "product of Iraq" to the US after decades of sanctions, and includes interventions with the museum's own collection, such as a Cypriot head he linked to Assyrian art.

Lost Parthenon Piece Unearthed From Lord Elgin’s Shipwreck

A small marble fragment from the Parthenon has been recovered from the wreck of the Mentor, a ship owned by Lord Elgin that sank in 1802 while transporting sculptures from the Acropolis to Britain. The fragment, discovered off the Greek island of Kythira by the Greek Ministry of Culture's underwater antiquities unit, is a decorative gutta likely from the temple's entablature or roof edge.

msk ghent declines to return nazi looted painting 1234763332

The Museum of Fine Arts (MSK) in Ghent has refused to return Gaspar de Craye's Nazi-looted *Portrait of Bishop Triest* to the heirs of its original owner, Samuel Hartveld. An independent commission found the painting was sold under duress after the German occupation of Belgium in 1940, but concluded that Hartveld and his family were later financially compensated by the city, leading MSK to retain the work. Jewish groups EJA and JID are contesting the decision, arguing that international principles mandate restitution regardless of compensation.

Klimt, Modigliani, and Freud Lead $200M Lewis Collection at Sotheby’s London

Sotheby’s London will auction a collection of 50 masterpieces from billionaire Joe Lewis and his daughter Vivienne in June 2025, expected to exceed $200 million. Highlights include Gustav Klimt’s 1902 portrait of Gertha Felsőványi (estimate £20–30 million), Lucian Freud’s never-auctioned *Woman in a Grey Sweater* (1988), and Amedeo Modigliani’s *Homme à la Pipe* (1918), making its auction debut after 45 years unseen. The sale follows a successful March auction of School of London works from the same collection, which brought $47.7 million.

In This Nazi-Era Restitution Dispute, the Focus Turns to a Missing Cow

A family is seeking restitution of a painting they believe is a lost Rubens work, looted by Nazis during World War II. However, an expert has cast doubt on the claim, arguing the painting is a copy because it lacks a distinctive detail found in the original: a urinating cow. The dispute has shifted focus to this missing element, complicating the family's efforts to recover the artwork.

Catalonia Sues Aragón for €791,000 for Repayment Over Restitution of 56 Artworks

The Catalan government has formally demanded €791,000 (approximately $920,000) from the Aragonese government to recoup costs related to the value and upkeep of 56 artworks from the Royal Monastery of Santa María de Sigena. The works were removed from the monastery in 1936 for safekeeping during the Spanish Civil War, and Spain's Supreme Court ruled in 2021 that they must be returned to Aragón. Of the 56 pieces, 12 were held at the National Art Museum of Catalonia and 44 at the Diocesan Museum of Lleida. The Catalan government has given Aragón 30 days to negotiate a settlement before returning to court.

romanesque murals return sijena monastery court ruling 1234747979

Spain's Supreme Court has ruled that 13th-century Romanesque murals removed from the Sijena Monastery during the Spanish Civil War must be returned to their original home in Aragon. The artworks have been housed at the National Art Museum of Catalonia (MNAC) since 1936, after a fire gutted the monastery's chapter house. The ruling dismisses previous agreements that Catalan authorities claimed legitimized their custody, finding that the Sijena religious order never ceded ownership. The decision caps over a decade of legal battles and jurisdictional disputes between Aragon and Catalonia.