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Aby Rosen to Pay $7 Million in Settlement Over Unpaid Sales Taxes on Collection

May 5th, 2016

Aby Rosen, via The Real DealAby Rosen must pay $7 million in settlement to cover taxes he failed to pay on over $80 million worth of art he purchased in recent years.  “Law-abiding New Yorkers should not be stuck footing the bill for those who fail to pay their fair share,” state Attorney General Eric Schneiderman said of the case.
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Whitney Curator Scott Rothkopf Profiled in New York Times

May 5th, 2016

Scott Rothkopf, via NYTThe Whitney’s chief curator, Scott Rothkopf is profiled in the New York Times this week, and noted for his embrace of emerging artists and focus on dynamic programming.  “He has really reinvigorated the contemporary program,” says director Adam D. Weinberg. “What he’s doing is recognizing young talent and people who work hard and moving them up. It’s important for a museum devoted to contemporary art not to just have curators who are over 60.”
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Fire at Rosemarie Trockel’s Home Destroys $34 Million in Art

May 5th, 2016

Rosemarie TrockelA fire at artist Rosemarie Trockel’s Cologne home has destroyed around $34 million in art from her personal collection, Artforum reports.  Police suspect an electrical fire, but have not yet ruled on the cause of the blaze.


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REFERENCE LIBRARY

Dakis Joannou

Collector’s Birthdate: b. 1970

Joannou is the Greek chair of a group of privately held building and civil engineering companies. He is a member of the Guggenheim Museum and the New Museum of Contemporary Art and sits as a council member at the Museum of Modern Art and the Tate.

He is considered one of the world leaders in collecting contemporary European art and has also been closely-linked to American-born Jeff Koons collecting pieces from his 1985 “Equilibrium” series which inspired Joannou to begin collecting art, as well as the British pair of Tim Noble and Sue Webster. Notable works in his collection include Koon’s “Michael Jackson and Bubbles” as well as Chris Ofili’s “The Adoration of Captain Shit and the Legend of Black Stars”.

He is also the founder Athen’s privately-funded Deste Foundation which purchases and shows the work of promising young artists.

On collection:

“Art can certainly be perceived as an economic investment, but also as a sound investment on a human level. For example, if you develop a collection and you then give people access to these works of art, whether by lending them to museums or showing them in your own exhibition space, this goes way beyond an investment of money. That’s how I like to do things.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.

Dakis Joannou- Website

61 Minutes with Dakis Joannou

More info about the artist coming soon.

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