Germany: Deutsche Bank has put more than 600 works from its 53,000-strong corporate art collection on permanent loan at the Städel Museum in Frankfurt. The terms of the loan preclude a recall of the works, and give the museum a pre-emptive right of acquisition at 25 per cent of the open market value, payable over a period of 25 years.
The deal is a marked contrast to other loan arrangements by German institutions with private and corporate collections, which have recalled and sold works at short notice after years of stewardship by museums.
Germany: A selection of works from a store of publicly commissioned artworks from the former East Germany are to go on show in Berlin for the first time since reunification. Held at Burg Beeskow in Brandenburg, the publicly owned collection comprises 25,000 works from the 1950-1980s that were formerly exhibited in public buildings and offices.
Israel: The first group exhibition by contemporary Arab artists in an Israeli museum has gone on show at the LA Mayer Museum for Islamic Art in Jerusalem. The museum was founded in 1974 with an endowment from a British Jewish philanthropist.
US: The Guggenheim Museum has appointed Richard Armstrong as successor to Thomas Krens as director of the institution. Armstrong, a 20th- century art curator and director of the Carnegie Museum of Art in Pittsburgh, described his vision as adding intellectual heft by empowering curators and reconnecting with the tradition of museums as "exemplars of great intellectual enterprise".
There will be no further Guggenheim sites, apart from Abu Dhabi, scheduled to open in 2012. But Armstrong is looking to develop partnerships with major institutions outside the Guggenheim network, including Tate.
US: The Art Dealers Association of America is campaigning in support of the Artist Museum Partnership Act, which allows artists who donate their art to museums to claim the market value of their pieces as a tax deduction. Present tax law allows deduction of only the cost of materials, whereas collectors can claim the full value of works donated.
US: The Harvard Art Museum has received modern and contemporary artworks worth nearly $200m and a cash gift of $45m from Emily Rauh Pulitzer, a former curator and Harvard graduate and widow of newspaper scion and collector Joseph Pulitzer Jr. Most of the money will go toward the expansion and renovation of the building.
Compiled by Magnus von Wistinghausen. Seen in Artsjournal.com, Art Newspaper and Frankfurter Allgemeine Zeitung
The deal is a marked contrast to other loan arrangements by German institutions with private and corporate collections, which have recalled and sold works at short notice after years of stewardship by museums.
Germany: A selection of works from a store of publicly commissioned artworks from the former East Germany are to go on show in Berlin for the first time since reunification. Held at Burg Beeskow in Brandenburg, the publicly owned collection comprises 25,000 works from the 1950-1980s that were formerly exhibited in public buildings and offices.
Israel: The first group exhibition by contemporary Arab artists in an Israeli museum has gone on show at the LA Mayer Museum for Islamic Art in Jerusalem. The museum was founded in 1974 with an endowment from a British Jewish philanthropist.
US: The Guggenheim Museum has appointed Richard Armstrong as successor to Thomas Krens as director of the institution. Armstrong, a 20th- century art curator and director of the Carnegie Museum of Art in Pittsburgh, described his vision as adding intellectual heft by empowering curators and reconnecting with the tradition of museums as "exemplars of great intellectual enterprise".
There will be no further Guggenheim sites, apart from Abu Dhabi, scheduled to open in 2012. But Armstrong is looking to develop partnerships with major institutions outside the Guggenheim network, including Tate.
US: The Art Dealers Association of America is campaigning in support of the Artist Museum Partnership Act, which allows artists who donate their art to museums to claim the market value of their pieces as a tax deduction. Present tax law allows deduction of only the cost of materials, whereas collectors can claim the full value of works donated.
US: The Harvard Art Museum has received modern and contemporary artworks worth nearly $200m and a cash gift of $45m from Emily Rauh Pulitzer, a former curator and Harvard graduate and widow of newspaper scion and collector Joseph Pulitzer Jr. Most of the money will go toward the expansion and renovation of the building.
Compiled by Magnus von Wistinghausen. Seen in Artsjournal.com, Art Newspaper and Frankfurter Allgemeine Zeitung
