Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Pace Gallery Founder Arne Glimcher Criticizes Met Museum Over Planned Galliano Show: Report

August 29, 2026

Chief Executive of Sydney’s Forthcoming $915 M. Cultural Institution Steps Down Amid Ongoing Investigations, 10 Weeks Ahead of Its Opening

August 29, 2026

Robert Mapplethorpe Foundation Denied Use of Roy Cohn Portrait for New Biography Over Political Concerns

August 28, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

Flash Flooding at the New Museum, Legionnaires Outbreak in NYC Continues, and More: Morning Links for July 20, 2026

News RoomBy News RoomJuly 20, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

Good Morning!

  • Flash flooding in New York City forced the New Museum to close over the weekend.
  • A third person has died in New York City’s Legionnaires’ disease outbreak, with Legionella bacteria found in the Met and Guggenheim.
  • Nvidia CEO Jensen Huang’s trademark leather jacket sold at Sotheby’s for $960,000, more than 15 times its high estimate.

The Headlines

WET. WET. WET. Flash flooding in New York City forced the New Museum to close over the weekend after water leaked into a gallery housing WangShui’s installation Oppose the Serpent (2024). VVideo shared with ARTnews showed water pooling on the floor as staff put buckets under leaks, though the museum said no artworks were damaged. The incident comes just months after the debut of the museum’s $82 million OMA-designed expansion, which faced criticism over unfinished construction details following its March opening. The museum closed early on Saturday and remained shut on Sunday as severe weather swept across the city.

OUTBREAK GROWS. A third person has died in New York City’s Legionnaires’ disease outbreak, with 74 people on Manhattan’s Upper East Side having fallen ill, the New York Post reported.  Health officials have detected Legionella bacteria in cooling towers at 76 buildings, including the Met, the Guggenheim, and the Cooper Hewitt Smithsonian Design Museum. While investigators have not identified a single source, officials say new infections have slowed significantly after contaminated cooling towers were ordered to be cleaned and disinfected. The museums remain open as monitoring and remediation efforts continue.

The Digest

British artist Philip Colberthas installed 36 giant lobster sculptures among Pompeii’s ancient ruins, creating a surreal mash-up of pop art and Roman history inspired by a 2,000-year-old lobster mosaic found at the site. [The Times]

Dissident Cuban artist Luis Manuel Otero Alcántarahas arrived in Miami on a US humanitarian visa after disappearing following his release from a five-year prison sentence in Cuba. [New York Times]

The FT looks inside Belgian artist Koen Vanmechelen’s Labiomista project, which blends art, science, and animal conservation into a living laboratory. [FT]

The Minneapolis Institute of Art has appointed Kevin Tervala as its new chief of curatorial affairs and exhibitions, putting him in charge of the museum’s exhibition strategy and curatorial vision. [The Art Newspaper]

The Kicker

JACKET JACKPOT. Nvidia CEO Jensen Huang’s trademark leather jacket sold at Sotheby’s for $960,000 on July 17, more than 15 times its high estimate of $60,000. Proceeds from the sale will benefit the Edge Institute, a venture capital-backed nonprofit that brings together figures from technology, science, culture, and society to explore ideas for the future.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Pace Gallery Founder Arne Glimcher Criticizes Met Museum Over Planned Galliano Show: Report

Chief Executive of Sydney’s Forthcoming $915 M. Cultural Institution Steps Down Amid Ongoing Investigations, 10 Weeks Ahead of Its Opening

Robert Mapplethorpe Foundation Denied Use of Roy Cohn Portrait for New Biography Over Political Concerns

Robert Indiana’s Maine Home Is for Sale, Despite Late Artist’s Intentions to Make It an Art Space

Rotterdam’s Museum Boijmans Van Beuningen Embroiled in Alleged Bribery Scandal

China Pulls Artists from Gwangju Biennale as ‘Taiwan Pavilion’ Moves Forward

Guatemala museum that suddenly shuttered after court-ordered raid to reopen – The Art Newspaper

An Art Lover’s Guide to Seoul

UK Government Puts Temporary Export Ban on $97.2 M. Rembrandt Painting

Recent Posts
  • Pace Gallery Founder Arne Glimcher Criticizes Met Museum Over Planned Galliano Show: Report
  • Chief Executive of Sydney’s Forthcoming $915 M. Cultural Institution Steps Down Amid Ongoing Investigations, 10 Weeks Ahead of Its Opening
  • Robert Mapplethorpe Foundation Denied Use of Roy Cohn Portrait for New Biography Over Political Concerns
  • Crypto Market Update: Bitcoin’s Best August Since 2017 Breaks Historically Bearish Pattern
  • Robert Indiana’s Maine Home Is for Sale, Despite Late Artist’s Intentions to Make It an Art Space

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Chief Executive of Sydney’s Forthcoming $915 M. Cultural Institution Steps Down Amid Ongoing Investigations, 10 Weeks Ahead of Its Opening

August 29, 2026

Robert Mapplethorpe Foundation Denied Use of Roy Cohn Portrait for New Biography Over Political Concerns

August 28, 2026

Crypto Market Update: Bitcoin’s Best August Since 2017 Breaks Historically Bearish Pattern

August 28, 2026

Robert Indiana’s Maine Home Is for Sale, Despite Late Artist’s Intentions to Make It an Art Space

August 28, 2026

Crypto Market Update: Bitcoin Consolidates Amid Mixed Whale Activity

August 28, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.