Austrian Mega Collector Francesca von Habsburg Threatens to
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Austrian Mega Collector Francesca von Habsburg Threatens to
16/11/2015 Francesca von Habsburg to Move Collection artnet News artnet Market English Art World People Videos Topics artnet Auctions Search PEOPLE Aust ri a n M eg a C o l l ec t o r F ranc e sc a vo n H a b sb urg Th reat e ns t o M o ve TB A2 1 F o unda t i on t o Swi t z erl a nd Henri Neuendorf, Monday, November 9, 2015 SHARE Most Popular ART WORLD 7 Pricey Auction Purchases Made Francesca von Habsburg, art collector and founder of art foundation ThyssenBornemisza Art Contemporary (T-BA21) Photo: Greg Gorman via frodo.at by Chinese Billionaire Liu Yiqian PEOPLE Marina Abramović's Former Austrian mega-collector Francesca von Habsburg has threatened to move Partner Sues Seeking Credit for Joint Works her contemporary art collection out of Vienna, frustrated that her selfdescribed "legendary collection" is not getting the attention it deserves. MARKET A $170-Million Modigliani Nude In an interview with the Swiss Sonntagszeitung that has sent shock waves through Austria's art scene, Vienna's best-known arts patron complained that the city wasn't making an effort to keep her private museum in Austria. With the lease on the building housing her collection expiring in Breaks Records at Christie's $491 Million 'A... PEOPLE Did 'Beasts of No Nation' Director 2017, and no new location being offered by Viennese authorities yet, she's Rip Off Richard Mosse's considering moving her art foundation, TBA21, across the border to Photographs? Switzerland, the country of her birth. There, she said, her collection would "be a nice addition to Zurich." MARKET Who Are the Most Undervalued Artists in Today's Market? ART WORLD Ryan McGinley's Latest 'Winter' Nudes Exhibition Is Truly Ridiculous https://news.artnet.com/people/tba21francescavonhabsburgswitzerland357608 1/3 16/11/2015 Francesca von Habsburg to Move Collection artnet News PEOPLE Why Does Art Critic Jerry Saltz Want You to Think He Is Really Poor—And Is ... Hopes for a move to a larger space in the museum quarter near Vienna's train station are said to have contributed to von Habsburg's deliberations. Photo: TBA 21 Foundation Von Habsburg's sympathizers are less than surprised, saying that contemporary art doesn't really stand a chance in the capital of art nouveau and nostalgia. They point out that the Generali Foundation moved to Salzburg in 2014, BAWAG Contemporary closed in 2013, and the Essl Museum in nearby Klosterneuburg is on the verge of collapse due to financial problems. On the other hand, over the past year, Vienna Fair was renamed Vienna Contemporary, a new version of Vienna Fair was launched, and the city welcomed the first Vienna Biennale. The city councilor for culture, Andreas Mailath-Pokorny, insisted the scene is alive and well. He praised Habsburg's conceptual art collection as an extremely important and appreciated component of the city's cultural landscape. He added that the local government would be prepared to hold talks over a solution, but warned the city could not pay for a private collection. Vienna has been criticized for being too conservative to appreciate von Habsburg's contemporary art collection. Photo: Fisk Frisk magazine Supporters have held up von Habsburg as "the Peggy Guggenheim of Vienna." However, von Habsburg expressed her disappointment with the low visitor numbers to TBA21 and lack of interest in contemporary art in https://news.artnet.com/people/tba21francescavonhabsburgswitzerland357608 2/3 16/11/2015 Francesca von Habsburg to Move Collection artnet News Vienna. She described Vienna as "static," and concluded by saying "Austria isn't for me after all." The current exhibition at TBA21, by Brazilian artist Ernesto Neto, runs until the end of November, after which the foundation will remain closed for the winter to allow for time to deliberate. No upcoming exhibitions have currently been announced. Having married the grandson of Austria's last reigning emperor, Karl Habsburg-Lothringen, the 57-year-old collector enjoys a special status amongst Austrians due to the nostalgic glamour of royalty and wealth. Follow artnet News on Facebook. #foundations Henri Neuendorf Related Stories PEOPLE artnet News Top 200 Art Collectors Worldwide for 2015, Part Two A p ril 3 0 , 2 01 5 PEOPLE The 100 Most Powerful Women in Art: Part Three Oc t ob e r 2 1 , 2 0 14 MARKET Who Are the Most Influential Women in the European Art World? Ma y 9, 2 0 1 4 Newsletter Signup SUBMIT ENTER YOUR EMAIL artnet Contact Us Advertise artnet Auctions Press Releases artnet Magazine Archive: English (US) Terms Privacy Deutsch About Francais © 2 01 5 Art ne t Wo rldwi de C orp o rat io n. All R ig ht s R e se rv ed . https://news.artnet.com/people/tba21francescavonhabsburgswitzerland357608 3/3