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

British Museum Explores Partnership that Could Return Elgin Marbles to Greece

August 1st, 2022

The British Museum is testing the waters on a “Parthenon partnership” that could send the Elgin Marbles back to Greece, Bloomberg reports. “What we are calling for is an active ‘Parthenon partnership’ with our friends and colleagues in Greece,” says deputy director Jonathan Williams, noting that the move seeks to “change the temperature of the debate” around the disputed works.
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Harold Ancart Joins Gagosian

July 11th, 2022

Harold Ancart has joined the roster at Gagosian after leaving David Zwirner, the gallery announced this week.
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Armed Robbers Break into TEFAF, Causing Evacuation

June 28th, 2022

A group of armed men broke into TEFAF Maastricht this week in an attempted robbery, causing an evacuation of the fair.  “TEFAF has robust procedures in the event of a security breach,” a spokesperson for the fair said. “These were precisely followed, and all visitors, exhibitors and staff were safely evacuated. The fair has now reopened.”
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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