The Walled Off Hotel – Art News Roundup

From news about Banksy’s new hotel to another successful week of art auctions. Read on to catch up with the art news this week!

walled off hotel
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There’s always something going on in the art world. Every Sunday, Agora starts the new week by looking back at what happened the week before. Here are our top art news stories from March 5th – March 11th, 2017.

walled off hotel
Source: Artnet

The Walled Off Hotel

The world-renowned graffiti mystery, Banksy has now got into the hotel business. The Walled Off Hotel is a fully functional surreal art hotel in Bethlehem, at the West Bank border between Israel and Palestine. The hotel, with dormitory style lodging, is set to employ 45 artists and cost the guest no more than $35. As expected, the hotel opening on Friday came as a total surprise, as reported by The Telegraph. The construction had apparently been going on for 14 months without anybody having any knowledge of it. Full Story Here →

The Market Is Back!

As we’ve been discussing lately, the art market seems to be doing exceedingly well this year, contrary to the general expectations. (*fingers crossed*)

Christie’s latest Postwar and Contemporary Art auction is witness to that. The auction house sold 56 out of 59 items during their London auction on Tuesday. The total estimate of the sales was over $100 million and the total number of records broken was over ten. Full Story Here →

Sotheby’s came in a very close second in this week’s financial revelry. Their Contemporary Art auction sold 57 lots, leaving four unsold. The total estimate of sales was over $140 million. Full Story Here →

walled off hotel

A New Courbet Painting

Buried in the archives of the Musée du Vieux Granville in Normandy, France since 1945, a painting by realist master, Gustave Courbet has recently been authenticated. The painting, along with two other works, had been previously pronounced a fake and put away in the museum’s storage. Alexandra Jalaber, a local curator was the first to suspect the authenticity of the painting and decided to re-examine it. Full Story Here →

Koons Convicted For Plagiarism

Earlier this week, a French court announced Jeff Koons guilty of plagiarising a photograph by Jean-Francois Bauret for his Banality series. Koons and the Centre Pompidou have been ordered to pay over $40,000 to holders of the rights to the late photographer’s image. Full Story Here →

 

These are just some of the many news stories that caught our eye this past week. For more stories as-they-happen, be sure to also follow our Facebook and Twitter. You can also sign up for our newsletter for news about Agora Gallery, our exhibitions, and our artists!

 

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