Major Modigliani Exhibition Is Busted for Fakes + More Must-Read Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Monday, July 17.

NEED-TO-READ

Art Insiders Propose How to Fix the Met – As the New York museum searches for a new director, artists—including Glenn Ligon, Takashi Murakami, and Mark Bradford—and other cultural figures offer some suggestions. Their ideas range from the unlikely (taking a climate change denier’s name off the plaza) to the compelling (showing Egyptian art alongside African). (New York Times)

Modigliani Exhibition in Italy Raided for Forgeries – Twenty-one works supposedly by Amedeo Modigliani have been confiscated by authorities in Genoa after they confirmed that several paintings showcased in a major exhibition at the Doge’s Palace were likely fakes. (The Telegraph)

Tomb-Looting Is Surging in China – With market prices for some Chinese antiquities reaching new heights, China’s countryside is seeing a surge in amateur and professional thieves who are risking their lives to rob tombs in search of hidden treasure. (NYT)

New York Plans to Build 50,000 Square Feet of Artist Studios – New York City’s Economic Development Corporation and the NYC Department of Cultural Affairs have announced the creation of a vast complex of artist studios and workspace for art-based businesses at the Brooklyn Army Terminal. (Press release)

ART MARKET

David Zwirner’s Hong Kong Outpost to Launch With Michaël Borremans Show – The first Asian branch of the blue-chip gallery will open with a solo show by the Belgian artist; he is expected to show a continuation of his acclaimed Black Mould series. (The Art Newspaper)

Old Master Auctions Reap Strong Results – Melanie Gerlis explores the ups and downs of the Old Masters market, following the results of the recent London sales. (Financial Times)

Istanbul’s Rampa Gallery Closes After Seven Years – The gallery, one of the top players in…

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