Displaying items by tag: privately owned

Andrew Wyeth’s ‘Ides of March:’ The Making of a Masterpiece is currently on view at the Brandywine River Museum in Chadds Ford, PA. The exhibition is part of a five-year sequence of events that will culminate in 2017 with a centennial celebration of the realist painter Andew Wyeth (1917-2009), including a major retrospective of the artist’s work. A native of Chadds Ford, Wyeth was a prominent force in the art world during the mid-20^th century.

The privately owned Ides of March (1974), which is rarely exhibited, will be presented alongside more than 30 of Wyeth’s preliminary studies for the tempera painting. The exhibition offers viewers a rare glimpse into Wyeth’s painstaking approach to composition and his renowned use of evocative imagery.

Organizers hope that The Making of a Masterpiece and the museum’s future events will introduce Wyeth as well as his family members to a new crop of art enthusiasts. Wyeth’s father, N.C. Wyeth (1882-1945), was a celebrated American artist and illustrator and his son, Jamie Wyeth (b. 1946), is a well-known realist painter and heir to the Brandywine School of painters, which was created by his grandfather and father.

The Making of a Masterpiece will be on view at the Brandywine River Museum through May 19, 2013. Visitors of the museum can also take a tour of Wyeth’s studio now through November 19, 2013.

The London gallery Agnews announced that it will be closing its doors on April 30, 2013 after nearly 200 years in business. One of the world’s oldest art dealers, Agnews, which specializes in Old Master paintings, will make a final appearance at the European Fine Art Fair in Maastricht (March 15- 24, 2013).

Business for Agnews has been cooling off since chairman, Julian Agnew, sold the gallery’s historic Bond street location for a reported $39 and moved to a smaller space. Agnew attempted to sell the business last year, but negotiations with a prospective buyer failed. The privately owned firm, which has 16 family shareholders, revealed a loss of almost $3 million in records dating back to 2011.

Agnews has been selling off its stock, which once included Old Master works by Thomas Gainsborough (1727-1788), Anthony van Dyck (1599-1641), and Rembrandt (1606-1669) as well as watercolors and British paintings. Whatever is left in the gallery will be taken care of in due time. Agnew will continue to work as an advisor to clients and will keep the company’s family name.

The Corcoran Gallery, Washington D.C.’s oldest art museum, has been losing money for years and is currently in need of at least $130 million in renovations. The only major museum on the Mall that is privately owned, times have been tough for the Corcoran who must charge admission and raise large amounts of money to survive. Attendance has dropped drastically and donations to the museum have roughly halved since the recession.

The Corcoran’s commanding Beaux Arts façade and top-notch collection of 17,000 works including pieces by Winslow Homer, Edward Hopper, John Singer Sargent, Claude Monet, and Willem de Kooning are simply not a big enough draw to keep the institution afloat, especially when every other institution on the Mall offers free admission. The Corcoran’s board of trustees are currently debating between a number of options to keep the museum active including selling the current building, combining forces with another institution, and moving out of the city.

While many find the loss of the Corcoran will leave the Washington Mall with a gaping hole, the museum announced that they have been discussing possible solutions with the National Gallery of Art, George Washington University, and a few other unnamed institutions. The Corcoran hired a real estate firm as its adviser in September and hopes to have its future mapped out by the first half of 2013.

The District of Columbia Historic Preservation League is looking to extend the landmark designation for the Corcoran’s exterior and interior. If the institution were approved, any major construction would be subject to public review.