{"id":481,"date":"2022-06-06T13:11:36","date_gmt":"2022-06-06T13:11:36","guid":{"rendered":"https:\/\/dev.eatalyarthouse.it\/art-world-art-industry-news-nearly-40-percent-of-all-art-exhibitions-in-the-united-states-take-place-in-new-york-city\/"},"modified":"2022-06-06T13:11:36","modified_gmt":"2022-06-06T13:11:36","slug":"art-world-art-industry-news-nearly-40-percent-of-all-art-exhibitions-in-the-united-states-take-place-in-new-york-city","status":"publish","type":"post","link":"https:\/\/earthfoundation.it\/en\/art-world-art-industry-news-nearly-40-percent-of-all-art-exhibitions-in-the-united-states-take-place-in-new-york-city\/","title":{"rendered":"Art World Art Industry News: Nearly 40 Percent of All Art Exhibitions in the United States Take Place in New York City."},"content":{"rendered":"<p><em>Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here\u2019s what you need to know this Wednesday, June 1.<\/em><\/p>\n<h3><strong>NEED TO READ<\/strong><\/h3>\n<p><strong>Dealer Loses Bid for Nazi-Looted Works \u2013<\/strong>\u00a0Two works by Egon Schiele are expected to go on sale at Christie\u2019s this fall after the London-based dealer Richard Nagy failed to win his appeal in a case that forced him to return the paintings to the heirs of Austrian Holocaust victim Fritz Gr\u00fcnbaum. The decision from the New York Court of Appeals ends a seven-year legal battle over the works. (<a href=\"https:\/\/nypost.com\/2022\/05\/31\/nazi-looted-paintings-to-be-auctioned-after-legal-battle-ends\/\" target=\"_blank\" rel=\"noopener\"><em>New York Post<\/em><\/a>)<\/p>\n<div class=\"embedded-ad \">\n<div id=\"mobile1-2124266-1\" class=\"artnet-ad\"><\/div>\n<\/div>\n<p><strong>Fayez Sarofim, Houston Financier and Museum Benefactor, Dies at 93 \u2013<\/strong>\u00a0The Egyptian-born billionaire died on May 28 at his home in Houston, his family confirmed. Last year, Sarofim presented highlights of his collection, which encompasses works by John Singer Sargent, Winslow Homer, Robert Motherwell, and Pablo Picasso, at the Museum of Fine Arts, Houston. He told\u00a0<em>Money<\/em>\u00a0magazine in 1999 that he has the same rule of thumb for both investing and art collecting: \u201cNever sell.\u201d (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-31\/fayez-sarofim-texas-investor-known-as-the-sphinx-dies-at-93\" target=\"_blank\" rel=\"noopener\"><em>Bloomberg<\/em><\/a>,\u00a0<a href=\"https:\/\/www.barrons.com\/articles\/fayez-sarofim-buffett-style-investor-and-art-collector-dies-at-93-51654015706\" target=\"_blank\" rel=\"noopener\"><em>Barrons<\/em><\/a>)<\/p>\n<p><strong>A New Report Ranks the Top American Art Cities \u2013<\/strong>\u00a0New York, Los Angeles, San Francisco, Chicago, and Miami are the five American cities that contribute most to the international art market, according to a new report by the art economist Clare McAndrew. The U.S. accounted for nearly half of all art sales in 2021. Here\u2019s a fun fact about New York plucked from the data: institutions in the city mounted 36 percent of all exhibitions staged nationwide between 2017 and 2021. (<a href=\"https:\/\/www.artnews.com\/list\/art-news\/artists\/top-us-art-cities-ubs-report-clare-mcandrew-1234630256\/\" target=\"_blank\" rel=\"noopener\"><em>ARTnews<\/em><\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here\u2019s what you need to know this Wednesday, June 1. NEED TO READ Dealer Loses Bid for Nazi-Looted Works \u2013\u00a0Two works by Egon Schiele are expected to go on sale at Christie\u2019s this fall [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,19],"tags":[],"class_list":["post-481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-categorizzato","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/posts\/481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/comments?post=481"}],"version-history":[{"count":0,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/posts\/481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/media\/479"}],"wp:attachment":[{"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/media?parent=481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/categories?post=481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earthfoundation.it\/en\/wp-json\/wp\/v2\/tags?post=481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}