4 May 2020

Art@Law | Constantine Cannon

Europe

French galleries and ‘small museums’ to re-open in stages from 11 May: Galleries and “small museums” in France could reopen from 11 May, during the first stage of the country’s “deconfinement” strategy, according to guidelines outlined by Prime Minister Édouard Philippe in parliament last Tuesday afternoon. But gatherings will be restricted to no more than ten people and re-opening dates will vary between locations. 

29.04.2020, The Art NewspaperFrench galleries and ‘small museums’ to re-open in stages from 11 May 

United States

NYC art foundations launch $1.25 million fund to provide Covid-19 relief to arts workers: The Willem de Kooning Foundation, the Helen Frankenthaler Foundation, the Teiger Foundation, and the Cy Twombly Foundation have teamed up to establish a new Covid-19 relief fund that will provide $1,250,000 in aid to non-salaried, visual arts workers in the Tri-State area who have experienced financial hardship from the loss of income or opportunity during the global health crisis. 

29.04.2020, ArtforumNYC art foundations launch $1.25 million fund to provide Covid-19 relief to arts workers 

Sotheby’s launches Gallery Network online sales platform: As the stream of new online art sales platforms converges into an Amazonian river of virtual commercial offerings during the coronavirus (Covid-19) crisis, Sotheby’s is introducing Gallery Network, a buy-now marketplace for galleries. 

28.04.2020, The Art NewspaperSotheby’s launches Gallery Network online sales platform 

28.04.2020, ArtnetIn a Radical Move, Sotheby’s has debuted a new online sales platform for blue-chip contemporary art galleries, taking a cut of all sales 

World

When the emergency aid runs dry, what next for art galleries?: Emergency measures worth billions of dollars from governments in some countries have eased the immediate threat of a wave of insolvencies at galleries as a result of the Covid-19 pandemic. But with economies set to plunge into recession, fairs postponed, and international travel and grand openings out of the question for now, dealers’ associations are pressing for longer term assistance to sustain the art market. 

01.05.2020, The Art NewspaperWhen emergency aid runs dry, what next for art galleries? 

Hong Kong’s art galleries abandon pricey Central district: Thanks to the combination of pro-democracy protests and then the Covid-19 outbreak, Hong Kong’s rents have been declining for eight straight months. But any rent reductions in the city’s downtown Central district may come too late for its galleries, which have suffered declining sales due to the cancellation of March’s Art Basel in Hong Kong, which would normally bring an influx of international collectors. Many of the several dozen galleries situated in or near the historic Pedder Building and new gallery tower H Queen’s in Central say that they are considering relocating in the coming months, eyeing the vibrant gallery cluster on the south side of Hong Kong Island as well as new art districts like Kowloon, where Perrotin is moving into the K11 Atelier development and M+ is under construction. 

01.05.2020, The Art NewspaperHong Kong’s art galleries abandon pricey Central district 

The art world prepares for a muted May: The month of May is usually boom time in the art market as the major auction houses host their biggest-ticket New York sales, following the high-energy Frieze New York fair. Last year’s mega May auctions brought in $1.7bn (with fees) across only five evening sessions. The Covid-19 pandemic means this year’s equivalent sales have been postponed while the Frieze fair has gone online, with wider implications for the rest of the market. 

30.04.2020, The Financial TimesThe art world prepares for a muted May 

Auctions: what will change, post-Covid-19?: An enormous amount of attention has been focused on the impact of the Covid-19 crisis on art galleries, but less on auction houses. This is perhaps because the major ones—Sotheby’s, Christie’s et al—are not in danger of disappearing, whereas there have been predictions that up to a third of art galleries could close this year. This does not mean that things are hunky-dory in the auction world. 

29.04.2020, The Art NewspaperAuctions: what will change post-Covid-19? 

Online antiquities smugglers are taking advantage of the coronavirus crisis: The online trade of illicit antiquities seems to be on the rise during the coronavirus crisis. The Antiquities Trafficking and Heritage Anthropology Research (ATHAR) Project, which investigates and documents the digital underworld of trafficking in looted artefacts, has found an uptick in posts on Facebook groups involved in buying and selling looted objects from the Middle East and North Africa in recent months, as many countries went into lockdown. 

29.04.2020, The Art NewspaperOnline antiquities smugglers are taking advantage of the coronavirus crisis 

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