Art Industry Information is a day-to-day digest of the most consequential developments coming out of the art globe and art market place. Here’s what you have to have to know on this Wednesday, March 3.

Need to have-TO-Study

Previous Section Retail store to Grow to be Art Middle – Community politicians have submitted strategies to completely transform the former internet site of Debenhams section retailer on London’s Oxford Street into a huge artwork space. The 400,000-sq.-foot keep shut down all through the pandemic. Considering the fact that there has been no commercial curiosity in the web-site, Westminster councilors have suggested turning it into a gallery hub, full with a library and rooftop back garden. (Time Out)

Claude Lévêque Responds to Abuse Allegations – The French artist’s lawyer has shared his reaction to sexual abuse allegations made towards him. Lévêque notes that he submitted two grievances from an nameless accuser for blackmail and defamation in 2015, and that prosecutors closed a past investigation into the allegations from him with no a comply with up in 2016. He also disputes specific statements created much more not too long ago by Laurent Faulon, such as that there had been other alleged victims. “These steps have significantly harmed me both professionally and individually,” Lévêque writes, stressing his correct to the presumption of innocence. (Le Journal des Arts)

Van Gogh Experiences Are Coming to 13 (!) US Cities – Three competing providers featuring you the prospect to move inside an tremendous room lit to resemble a Van Gogh portray are growing to a total of 13 US cities. Tickets are now on sale for the working experience all over the place from New York to Chicago to St. Petersburg, Florida—and they’re now selling out. (Afar)

Are NFTs Just Like Images? – Are you nonetheless puzzled about how NFTs work? Bloomberg reporter James Tarmy features a basic corollary in the traditional art market place: pictures. Both can be reproduced about and about, but are conferred artificial scarcity. Other variables in images, like the existence of a signature and the excellent of the print, also aid condition worth. NFT collectors, Tarmy states, are just seeking to normalize a very similar current market framework for electronic artwork. (Bloomberg)

Art Marketplace

Emalin Gallery Is Rising Up – London’s Emalin gallery is moving to a new area in Shoreditch, swapping out the gritty Huntington Industrial Estate for the considerably sleeker nearby 1 Holywell Lane. It will inaugurate the new room with a solo exhibition of do the job by Latvian artist Daiga Grantina. (Push launch)

Painting by the “Persian Picasso” Heads to Sotheby’s – Sotheby’s is advertising a perform by the celebrated Iranian Modernist Bahman Mohassess during its cross-category “Modern Renaissance” sale in London this month. The minotaur portray, titled Minotauro sulla riva del mare (1977), is predicted to fetch as a lot as $627,000. (ARTnews)

COMINGS & GOINGS

Bloomberg Philanthropies Cash Street Murals – Bloomberg Philanthropies has opened up applications for the up coming spherical of grants for its Asphalt Art Initiatives. Artists can use for up to $25,000 to make road murals on community roadways, pedestrian areas, and visitors obstacles. (TAN)

Turner Prize Founder Has Died – Former Tate director Alan Bowness has died at age 93. The major curator, author, and philanthropist was identified for his purpose in bringing about the Turner Prize and for paving the way for Tate’s Northern gallery, Tate Liverpool. (ARTnews)

FOR ART’S SAKE

Paper Signed by MLK at Birmingham Jail Fetch Around $130,000 – Two sheets from the logbook of Birmingham Jail in Alabama that were signed by Martin Luther King, Jr. bought for extra than $130,000 at Hake’s Auctions. The pages had been signed by prisoners accepting incoming mail. (Smithsonian)

Art Fund Hits Its £1 Million Focus on for Museums – The United kingdom charity Art Fund has hit its £1 million concentrate on to raise emergency cash to assist United kingdom museums, galleries, and historic houses via the pandemic. Owing to the scale of the disaster, the charity is leaving the fund open up for further donations and is offering enticing artist inducements for different ranges of supplying, which include a restricted-version operate by Cornelia Parker. (Push launch)

See the Met’s New Carol Bove Façade – The Metropolitan Museum of Art has unveiled four sculptures by the American artist Carol Bove in the niches of its Fifth Avenue constructing façade. The commanding forms are portion of the institution’s present-day art commissions sequence, and will be on see by November. (Push release)

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