Chelsea Museum Packs Its Bags, Alex Katz Leaves New York Galleries, and More Must-Read Art News

Chelsea Museum Packs Its Bags, Alex Katz Leaves New York Galleries, and More Must-Read Art News

Sad End to Museum Saga: A bankruptcy court has overseen the long-threatened sale of the Chelsea Museum to a developer for $19.6 million in an arrangement that will allow the insolvent institution to continue operating in the 22nd Street location until the end of next year. At that point the 8-year-old institution will have to move, and founder Dorothea Keeser says she will not look for another space in New York. [WSJ]

Katz Out of the Bag: Painter Alex Katz is "no longer repped by Pace Gallery," according to a Tweet from art journalist Lindsay Pollock. Sources say he is no longer represented by any New York gallery at the moment, though there is no word as to his relationship with Paris dealer Thaddaeus Ropac. [Lindsay Pollock's on Twitter]

Returnof the Prodigal Daughter: Virginia-based photographer Sally Mann, knownfor uncomfortably intimate pics of her own family, returns to the Virginia Museum of Fine Arts with "Sally Mann: The Flesh and the Spirit," ten years after former governor Jim Gilmore denounced her for her "outrageous displays" at the same institution. "I'm grateful the museum has given me a second chance," Mann said. [Richmond Times Dispatch

Keeping Closure at Bay: With their credit rating in jeopardy and a $120 million letter of credit from J.P. Morgan Chase set to expire in a month, San Francisco's Asian Art Museum is fighting to stave off bankruptcy, which officials deny is imminent, though they have hired a bankruptcy lawyer. [WSJ]

Pitting Art Against Local Economies: Money set aside for public art becomes a tempting target in tough times, as art-funding controversies flair in Vail, Colorado, and Cheyenne, Wyoming. In Houston, Texas, a citycouncilman looks to cut percent-for-art subsidies from 1.75 percent to 1percent to help plug budget shortfalls. [cbs4denver and]

Big Money for "Safety Wish Script": A Chinese hand scroll sold for a staggering 308 million yuan ($46 million) over the weekend at Beijing’s ChinaGuardian auctions. The work was a copy of "Safety Wish Script" by master calligrapher Wang Xizhi, with provenance going back to the Yuan Dynasty. None of Wang's original works have survived. [Xinhua]

No Poem for William and Kate: Unlike apparently everyone else in the U.K., British poet laureate Carol Ann Duffy does not have royal wedding fever and will not be penning an ode to theroyal engagement or marriage anytime soon. "She doesn't want to do it and I don't think she will," her agent says. "When she took on the role,the deal was that writing for royal events was not a necessity." [Telegraph]

RIP Margaret Burroughs: A co-founder of Chicago's DuSable Museum of African-American History as well as the city's South Side Community Art Center and Lake Meadows Art Fair, has passed away at age 95. Working as an artist herself, Margaret Burroughs showed her work in museums from the Corcoran and the High to institutions abroad, and received two presidential honors for her cultural leadership. Of her decision to create an art fair for black artists and art students, Burroughs once said, "The white community had an art fair in Hyde Park on 57th Street so we decided to have one for ourselves." [Chicago Defender]