New Museum Will Debut $400,000 USD Art Prize Honoring the Work of Women Artists

Five winners will be chosen over the course of the next ten years.

The New Museum in New York will debut a biennial art prize that will highlight sculptural work made by women artists. Dubbed the Hostetler/Wrigley Sculpture Award, the winners will recieve a prize of $400,000 USD and get to design a unique sculptural installation for the museum. Five winners will be chosen over the course of the next ten years.

The installation site is part of a 60,000 square-foot expansion plan that is set for the Bowery and overseen by acclaimed Dutch architect, Rem Koolhaas. The award is one of the largest art initiatives in New York, exceeding similar prizes such as the Guggenheim’s Hugo Boss Prize. According to a statement by the trustee, Sue Hostetler Wrigley, the award is aimed at “supporting and celebrating the significant achievements of women artists, who have a history of being overlooked, and making art as public as possible.”

Contrary to other prizes that feature commissioned work, the winner’s art will not stay in the New Museum because the institution does not hold a permanent collection. Additionally, the winner will not receive the entirety of the prize money, but will rather see a portion of the funds go to the work itself and the New Museum. “We are deeply grateful to Trustee Sue Hostetler Wrigley and Beau Wrigley for this generous gift that will enable us to further support the creation of new works by some of the best artists working today,” said New Museum director, Lisa Phillips.

In other art news, Jimmy Choo has teamed up with Eric Haze and Poggy to create a unisex collection and BE@RBRICK figure.

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