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Mel Chin Prepares Augmented Reality Project for Times Square

November 22nd, 2017

Study for 'Unmoored' via NYTArtist Mel Chin is preparing an augmented reality project for Times Square, which will illustrate the potential impacts of climate change on one of the city’s most recognizable areas. “We’re working on a mass phenomenon, extending from 45th to 47th streets in the air, that can convey the gravity of what we have before us,” he said.
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Grave of Schiele Muse Wally Neuzil Discovered in Croatia

November 22nd, 2017

Egon Schiele, Portrait of Wally Neuzil, via Art NewspaperThe grave of Walburga “Wally” Neuzil, Egon Schiele’s young muse, has been found in Croatia, the Art Newspaper reports, and will be commemorated by a monument. “It’s an interesting monumental project for the European identity,” says researcher Robert Holzbauer.
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Christie’s to Launch Standalone Sale of Works from Rockefeller Collection

November 22nd, 2017

Odalisque couchée aux magnolias, via Art NewsChristie’s will offer the first set of works from the collection of David Rockefeller next year in a standalone sale.  The offerings include Fillette à la corbeille fleurie (1905), a Rose Period Picasso estimated at $70 million, and Matisse’s Odalisque couchée aux magnolias (1923), which is already estimated to break the artist’s auction record of $41 million. 
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REFERENCE LIBRARY

Steven A. Cohen

Collector’s Birthdate:
b. 1956

Cohen is the billionaire founder and manager of the hedge-fund, SAC Capital Partners. It is estimated that he has spent upwards of $700 million on art work. His collection includes many signature pieces by artists, including a Pollock “drip” painting he purchased from David Geffen for $52 million and famous Damien Hirst shark, “The Impossibility of Death in the Mind of Someone Living” for $8 million from Charles Saatchi, on loan to the Metropolitan Museum in 2007.

Other major expenditures include an alleged $63.5 million to Geffen for Willem de Kooning’s “Police Gazette” and $137.5 million for de Kooning’s “Woman III” in 2006. In the last two years, many have speculated that he has spent $25 million on works by Picasso and Warhol. In 1999, he set the record for the price paid for any piece by Edward Munch, paying $11.5 million for his “Madonna”.
In 2006, he attempted to make the most expensive art purchase in history from Steve Wynn, offering $139 million for Picasso’s “Le Reve”. The sale was foiled when Wynn, suffering from an eye disorder, slipped and put his elbow through the painting while showing it off to friends.

Cohen is purported to be building a private museum to display some of his artwork on his Greenwich, Connecticut property.

An Art Shark on the Trading Floor

Landmark De Kooning Crowns Collection

Wikipedia Entry