A piece in Art News notes the increased pace of acquisition of artists and artists’ estates by Hauser & Wirth of late, and looks at the sizes and purported earnings of each of the mega-galleries. “Gagosian was reputed to gross the most: roughly $1 billion a year,” says writer Michael Shnayerson. “The others were said to be closer to $250 million each, but claimed to do better.”
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Following a wild few weeks between New York and Venice, the pace of the art world has slowed somewhat, and the big apple has had a moment to catch its breath, opening the doors on this year’s edition of the Whitney Biennial. Often described as a snapshot of art in the United States, the Biennial brings together work by a range of artists across the spectrum of American contemporary practice and in a broad array of mediums. Over the past year and a half, curators Jane Panetta and Rujeko Hockley crossed the country visiting artists and surveying a broad selection of perspectives and concepts to complete their show.
Following the early days of the marathon week of auctions in New York, it wasn’t hard to anticipate a strong outing for the Contemporary Auctions soon to take place, yet the impressive sales at Christie’s, Sotheby’s and Phillips this week outpaced expectations, charting a path of major auction records and bested tallies that marked a strong outlook for the secondary market. Of particular note was the setting of a new auction record for a living artist with Jeff Koons’s Rabbit selling for a new record price of $91,075,000. Read More »
It’s been a wild week so far the world’s financial elite, especially in New York, where the stock market has plummeted over fears of an ongoing trade war with China and the attendant tariffs that implies. Yet that didn’t seem to deter the city’s auction houses from swinging for the fences and connected, as Christie’s and Sotheby’s capped a pair of wildly impressive sales that saw both auction houses notch some strong figures, and some major auction records, including a new world record for Claude Monet at Sotheby’s last night. Read More »
Continuing its string of landmark exhibitions running concurrently with the spectacle of the Venice Biennale, François Pinault’s Palazzo Grassi has opened the doors on a major exhibition dedicated to the works of Belgian painter Luc Tuymans. Considered among the most influential painters of his generation, Tuymans has been dedicating himself to figurative painting since the mid-1980’s, and has regularly reinvented both himself, and the potentials for the medium, over the course of his work. Drawing from a range of sources and iconographies, his pieces at the Palazzo Grassi offer a welcome respite from the throngs outside, and the bustle of the early days of the Biennale. Read More »
AO Auction Preview – New York: Impressionist/Modern and Post-War/Contemporary Evening Sales, May 13th -16th, 2019May 12th, 2019
The show previews, VIP openings and special presentations of the 58th Venice Biennale are now in the bag, and the art world has returned to business as usual this week, returning to New York for a string of auction sales that will offer a grounding take on the market, and a look at how the following weeks may have affected both single artists and the overall health of art world economics at the top of the market.
Amedeo Modigliani, Tete (1911-1912), via Christie’s Read More »
AO On-Site – Venice – Adrian Ghenie: “The Battle Between Carnival and Feast” at the Palazzo Cini Through November 18th, 2019May 12th, 2019
Marking the 2019 seasonal opening of the Palazzo Mini gallery in Venice, artist Adrian Ghenie and Thaddaeus Ropac Gallery have brought a selection of new paintings to show in the space. Marking a new step in the artist’s continued exploration of the nuances of power, masculinity and politics in both the contemporary era and the annals of history, the new show stages a set of works notable for their portrayal of modern political crises, clashes of personality, and the framing of power.
The awards for the 58th Venice Biennale have been announced, with the Lithuanian Pavilion’s operatic beach installation taking home the Golden Lion for best exhibition, Arthur Jafa winning the Golden Lion for best artist in the main exhibition, and Jimmie Durham winning the Lifetime Achievement award. A full list of awards is included below: Read More »
Walking up the pathway to artist Martin Puryear’s installation at the US Pavilion of the Venice Biennale, one is greeted with a dazzling, and perhaps equally foreboding work. The piece, Swallowed Sun (Monstrance and Volute), stages an immense grate before the doors of the pavilion, a beautiful, carefully arranged grid that references sun streaming down, until one passes behind the work to see a black, serpentine form apparent “swallowing” the sun whole. Read More »
AO On-Site – Venice: Cathy Wilkes at the British Pavilion of the Venice Biennale Through November 24th, 2019May 10th, 2019
Within the grand architecture of the British Pavilion at the Venice Biennale, artist Cathy Wilkes, born in Northern Ireland, has orchestrated a somber, quiet affair, moving the viewer through an occasionally disquieting, frequently challenging arrangement of narrative fragments and installation pieces that draw on the long echo chamber of history. Presenting an arrangement driven by both tension and reflection, the artist’s work is a particularly striking entry in what has been a consistently strong series of outings in recent years for the British Pavilion. Read More »