Today in the Art World...

The Detroit Institute of Arts reopened this past Friday after a renovation by Michael Graves. Read about it here, here, and here.

The Guggenheim on Fifth Avenue at 89th Street in New York is undergoing a renovation of its own, and it's been decided that this spring the museum will get a coat of Tnemec BF72 Platinum, the same shade of gray paint that's graced the Guggenheim for 15 years, instead of the light yellow color that originally covered Frank Lloyd Wright's building.

Opponents of Gap founder Donald Fisher's proposal for a museum to house his extensive collection of contemporary art in the Presidio, a national park in San Francisco, speak out.

Christie's set a new record for a sale of contemporary Chinese art yesterday in Hong Kong, raking in a total of HK$842 milllion ($108.3 million) against a high estimate of HK$195.8 million.

Two galleries in the National Museum of Iraq in Baghdad housing Assyrian and Islamic antiquities are scheduled to reopen at the end of December.

The Rufino Tamayo painting rescued from the trash by a woman living in Manhattan fetched just over $1 million (including buyer's premium) at Sotheby's last Tuesday. It was expected to bring $750,000 - $1 million.