Global contemporary art events and news observed from New York City. Suggestion? Email us.

V&A Unveils Design for New London Site

July 30th, 2016

Victoria and Albert Museum, via Art NewspaperThe V&A in London has unveiled the design for its new building at the former Olympic site in east London, now named Olympicopolis.  Called a “museum for the digital era” in press materials, the structure will feature a brick and glass design by O’Donnell + Tuomey and will open in 2021.  
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Bloomberg Takes a Look at Sotheby’s Lending Practices

July 30th, 2016

Jho Low, via BloombergBloomberg has an article on Sotheby’s increasingly broad lending practices, which have grown from $682 million to almost $1 billion in recent years, a point that some consider extremely inviting for those looking to launder money.  “One way to launder is to use art as a security for a loan,” says David Hall, former special prosecutor for the FBI Art Crime Team. “The level of scrutiny you’ll receive from a bank is much higher than you will receive from an auction house.”
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China’s Taikang Life Buys 13.5% Share in Sotheby’s

July 30th, 2016

Chen Dongsheng, via China OrgTaikang Life, one of China’s largest insurance companies, now owns a 13.5% stake in Sotheby’s, CNN reports.  The company is run by Chen Dongsheng, who is also the founder of China Guardian Auctions, the country’s first government-run auction house.  Taikang has not disclosed whether it will seek an active position in the company.
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Lucian Freud

Reflection, Lucian Freud, 1985 via

b. December 8, 1922 in Berlin, Germany

Central School of Art (briefly)
Cedric Morris’ East Anglian School of Painting and Drawing in Dedham
Goldsmiths College – University of London

Lucian Freud is the grandson of Sigmund Freud. He began drawing profusely around the age of 10. Early paintings of Lucien Freud were influenced by surrealism, featuring people in strange compositions. For the rest of his career, he would focus on portraits, most of them nudes. Style would also develop from thin, flat paint to thick, less blended strokes.

Sleeping Head, Lucian Freud, 1979-80 via IMMA

Kate Moss, Lucian Freud, 2002 via Sydney Herald

Freud’s subjects are often the people in his life; friends, family, fellow painters, lovers, children. To quote the artist: “The subject matter is autobiographical, it’s all to do with hope and memory and sensuality and involvement, really.” He has painted Francis Bacon and Frank Auerbach. His oeuvre also includes a controversial portrait of Queen Elizabeth II, various ex-wives, countless dogs, his assistant, and a pregnant Kate Moss.

Benefits Supervisor Sleeping, Lucian Freud, 1995 via

On the canvas, Freud tends to place the most emphasis on the sitter’s face or body – not shy about depicting bold postures or expressions. He is known for attaching additional pieces of canvas after the body is finished to accomodate it. Freud is also a notoriously slow painter, which has been said to cause his subjects chagrin.

Girl With a White Dog, Lucian Freud, 1951-52 via

He was shortlisted for the Turner Prize in 1988 and 1989, awarded annually to a British artist under the age of 50 for outstanding work in the previous year. Freud’s retrospective at the Tate Museum in 2002 garnered much attention in the press and the general public – he is regarded as one of Britain’s most popular artists.

Now in his 80’s, Lucian Freud still dedicates himself to his chief obsession, art.

Wikipedia Entry

More info about the artist coming soon.

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