September 27 | Pierre Huyghe is awarded this year’s Nasher Prize

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This year the Nasher Sculpture Center’s Nasher Prize, which recognizes the work of influential contemporary sculptors who push the boundaries of the medium, has been awarded to the French artist Pierre Huyghe.

The $100,000 prize, awarded by a jury that includes the likes of ex-Tate director Nicholas Serota and sculptor Huma Bhabha, was given to Huyghe on the basis of his “expansive view of sculpture.” Huyghe’s practice encompasses “living systems, films, situations and objects,” and challenges “the very limits of artmaking,” according to Jeremy Strick, director of the Nasher Center. The New York Times has more.

Milan’s Cardi Gallery has announced plans to open a second space in London, which will be located at 22 Grafton Street, a six-floor Georgian town house in the heart of Mayfair. The new gallery, which underwent a two-year renovation project, will boast an impressive 10,000-square-feet of exhibition space. An exhibition entitled “Arte Povera, American Minimalism, ZERO Group” will inaugurate the Cardi Gallery’s London branch, opening on September 30, 2016. More info via Artforum.

The artist François-Noé Fabre has been awarded the MAIF Prize for Sculpture for his project Agava, in a ceremony hosted at the Atelier Richelieu in Paris. The annual prize, now in its ninth year, enables an emerging artist to produce their first work in bronze, inviting them to use an age old material in a contemporary way. Agava comprises steel cushions reconstituted from a marble quarry. Full details at Connaissance des Arts.

Figures from upcoming art auctions in London this October collated by art journalist Colin Gleadell suggest that the art market is continuing to taper down, however the pace of contraction now appears to be slowing. Where last October, 884 lots took place in a week with a minimum estimate of £185 million, this year there were 746 lots (down 15.6%) with a minimum estimate of £131.5 million (down 29.2%). This follows the trend the London art market has witnessed this year, where auctions of contemporary art have continued to steadily fall, falling by 36% in February and 39% in June, however the figures suggest that the rate at which auctions are falling is slowing. More on Art Market Monitor.

A newcomer to the world of Parisian galleries, Hélianthe Bourdeaux-Maurin, previously head of exhibitions at the now defunct Paris Pinacothèque, is joining forces with Benjamin Hélion and Benjamin Lanot, the founders of the Sisso Gallery, to open the H Gallery. Under the influence of the new Associate Director, the gallery, situated on the rue de la Folie Méricourt in the 11th arrondissement, seeks to champion artists based in North and Latin America. The gallery’s first exhibition is devoted to the Korean-American artist Soyeon Cho, and will be open until October 15. The following exhibitions will show the work of the American Matt Blackwell, the Italian-American Davide Cantoni and the Israeli-American Noa Charuvi. More info on the gallery’s website.