A Mark Rothko will hit the auction block at Christie’s this May in New York, with an estimated sales price set at upwards of $40 million. The work is from one of the artist’s first exhibitions in Europe at Whitechapel Gallery. “It was a seminal exhibition positioning Rothko as a leading figure of the Abstract Expressionist movement,” said Brett Gorvy, international head of Christie’s contemporary art. “The effect of these exhibitions in Europe was very important to his career.”Read more at Crain’s
