Record $25 M. Gift for Tampa Museum of Art—and More Art News – ARTnews.com

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines IT IS RAINING IN THE SUNSHINE STATE. The Tampa Museum of Art in Florida has received $25 million for its planned expansion from Dick Corbettwho runs the Concorde Companies real-estate investment firm, the Tampa Bay Times … Read more

Abstractions That Record the Scars of Trauma

The more I learn about artists associated with the Dansaekhwa movement that began flourishing in Korea in the late 1960s, the more I realize how deeply inextricable the work is from the country’s struggle for liberation and independence. While the artists considered central to the movement are not above criticism, particularly given the patriarchal structures … Read more

Picabia Sees Record in Sotheby’s First Surrealism Sale – ARTnews.com

On Wednesday, Sotheby’s staged its first sale dedicated to Surrealist art. Held at the house’s Paris headquarters, the sale was a success, bringing in €33 million ($36.7 million) with premium, across 23 lots. The auction saw a near-perfect sell-through rate, with only one lot unsold, and achieved a total hammer price of €27.1 million ($30.1 … Read more

Francis Picabia Sells for Record $11 M. at Sotheby’s—and More Art News – ARTnews.com

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines AUCTION ACTION. A 1929 painting by Francis Picabia that dealer Léonce Rosenberg commissioned for his Paris abode went for €10 million (about $11 million) during a sale of Surrealist art at Sotheby’s in the French capital … Read more