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    Home»Art Market Trends»New Jersey cancels funding for Centre Pompidou satellite, more projects
    Art Market Trends

    New Jersey cancels funding for Centre Pompidou satellite, more projects

    IrisBy IrisJuly 1, 2024No Comments4 Mins Read
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    The abandoned Pompidou Centre and Jersey MuseumOn Saturday, New Jersey politicians withdrew their Centre PompidouPlanned Jersey City Museum, by Alex Greenberg Art News. The agency is formally known as Centre Pompidou x Jersey City It will be the first North American branch of the Parisian modern art museum to operate. Others have opened in China and Belgium. Earlier this year, the state government became concerned about the cost of operating the center and the $50 million of taxpayer funds needed to open it, out of a total cost of $200 million. “We have decided to suspend this project indefinitely,” wrote the state council. Tim SullivanState Chief Executive Officer Economic Development BureauIn a letter by New Jersey Observer. His reasons include: “the ongoing impacts of COVID and multiple global conflicts on the supply chain, rising costs, unbridgeable operational gaps, and the corresponding financial burden it will place on New Jersey taxpayers.” Jersey City Redevelopment Authority It also said the Pompidou Centre must return $6 million in funds it had received.

    related articles

    Pompidou Centre x Jersey City renderings

    Guerrilla advertising takes to the skies at Wimbledon. Artwork Imitation Barclaysadvertisment Wimbledon Tennis tournaments sponsored by the bank have reportedly emerged around the club in protest against the bank’s links to fossil fuels and Israeli weapons manufacturers protector. Group Brandism led a guerrilla campaign that displayed hundreds of spoof ads on commercial billboards and put up posters in subways and bus stations. Anarchist Art One painting shows two clasped hands, one of a tennis player and the other of a banker, with the caption: “Partners in climate crime and genocide.” Another painting puns: “Deep in climate chaos.”

    Summary

    Theodore RooseveltA valuable stolen silver pocket watch has been returned to its former home, a national historic site, Sagamore MountainThe Roosevelt Memorial on Long Island, New York. In 1987, a watch given to Roosevelt by his sister and brother-in-law was stolen from an unlocked box. Theodore Roosevelt Inauguration National Historic Site In Buffalo, it was on loan. The Park Service and the FBI have not released information on who stole the souvenir or how it was stolen. [Associated Press]

    An unnamed “mystery tax evader” in Spain’s Basque region has paid off a large debt by paying around £200. Francisco de Goya Prints and 87 other works of art Aurelio Artetaof War Triptychwith an estimated total value of more than $4.3 million. The artworks reportedly came from a private Juan Celaya Letamendia Foundation. [El Pais]

    French author Film Producer Benoit Jacques and Jacques Duyon were detained by police today after a French actress made allegations of sexual violence against them, including Judith Godresh. [Le Monde and AFP]

    Praz-de-la-Valade The gallery will close. The French gallery opened in Paris in 2010 and has also opened spaces in Los Angeles and briefly in Berlin and Brussels. René Julien Praz and Bruno Delavalade Not only health reasons were mentioned, but also the challenges facing “in-between independent” galleries today. [Le Quotidien de l’Art]

    The artist is Canadian 83 Governor General Mary Simon Nominated Order of Canadaone of the country’s highest honors. They include artists and AIDS activists Average Joe; Artist and activist Christy Maren Belcourand poets, painters and musicians Bill Bissett. [CBC and The Art Newspaper]

    Qatar Museum Venice has signed a five-year agreement with the city of Venice that includes developing projects to restore monuments and buildings around the water city. Experts warn that Venice must urgently respond to rising sea levels, which the city’s chief conservation architect says threaten its structural integrity. [The Art Newspaper]

    Archaeologists at Bugby Hill Atop a mountain in southern Austria, this rare monstrance features biblical figures and is believed to have contained the remains of a saint. [Artnet News]

    Kicker

    Monument Review. Recently opened Stonewall National Monument Visitor Center In Greenwich Village, Pride Weekwhich commemorates the 1969 LGBT uprising against decades of police persecution. New York Times’ Holland Cote was disappointed with the initiative, which was reportedly mostly bland in design, saying it failed to illustrate how fragile gay rights are today and gave the impression that “the Stonewall Riots and what they stood for are ancient history.” However, Cote wrote, “In this era of virulently transphobic ‘don’t say gay,’ we cannot afford to be so weak, and right-wing politics are dragging us back, legislative bill after legislative bill, to the pre-Stonewall 1950s.”

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