Adam Lindemann is reportedly in contract to buy a Montauk estate formerly owned by Andy Warhol. “I knew Andy in the early 1980s as a very young man, and I’m a collector of his work . . . I’m very lucky to have this opportunity to live out this dream. It’s a work of art.” (more…)
The author of Seven Days in the Art World, Sarah Thornton, recently wrote in TAR magazine about why she will no longer write about the art market. Adam Lindemann’s perspective and response to her piece on writing about writing about not writing about the marketing and the market of art appeared in the Observer. (more…)
Gallerist Adam Lindemann and artist Peter Coffin, photo by Art Observed
Peter Coffin’s first solo show in New York City in four years, A,E,I,O,U, is on view through November 2nd at Venus Over Manhattan Gallery at 980 Madison Avenue.
Prepared in just three months, the show features several large scale sculptures: an iconic Warholian larger-than-life dog, a skeletal wooden hand forming the “ok” symbol (reminding us of Nauman’s hand series, where each hand makes a sign whose meaning changes depending upon context), to a panel holding spools and spools of satin ribbons of various widths and colors.
Peter Coffin, Untitled (Dog) (2012). All photos by Ryann Donnelly for Art Observed
There are also several unassuming additions one might only find from reading the show’s checklist: a marble slab installed at the entry of the gallery and planter boxes which are hung outside the open windows. A round speaker mounted to a stand near the middle of the gallery– a piece labeled Untitled (Pet Store)— also fills the space with sounds of birds, dogs, and bubbling fish tanks.
Art Observed recently sat down with Coffin to discuss the nature of the work, which he identifies as “Idea Art”.
Nate Lowman, Bulletin Board (2012) via Venus Over Manhattan
“Bulletin Boards” at Venus Over Manhattan, collector Adam Lindemann’s new uptown gallery, is the product of a collaboration with White Columns, the downtown alternative art space directed by Matthew Higgs. On the heels of Venus Over Manhattan’s heady, decadent “à rebours” inaugural show, which resulted in the sensational Dalà art theft, “Bulletin Boards brings a notably more experimental endeavor to the space’s industrial walls. The exhibition is modeled on a curatorial project that Higgs debuted ten years ago at the California College of Arts, in which a glazed aluminum bulletin board purchased from an office supply store would become a “project space” for invited artists such as Trisha Donnelly and Carter. In this show’s press release, Higgs states that “the project sought to gently subvert the typical function of a bulletin board, replacing the anticipated pertinent or useful information typically found in such places with something that approximated ‘art’.” In the project’s current manifestation, a selected group of artists and curators were invited to envision their own bulletin boards, resulting in the twenty-five works currently on display. Born from the same conceptual and material conditions presented by the constant of the bulletin board, the final works spring from the different variables employed by the individual artist and curators, resulting in a diverse assortment of ideas and aesthetics that multifariously engage, entertain, and confront the viewer.
Franz West’s sculpture “Eidolon” is stirring it up a bit in Montauk. Collector Adam Lindemann has been displaying the 14-foot phallic looking sculpture on his Montauk Bluffs estate, visible to beach goers. “Coincidentally it serves as a small homage to him — though one neighbor did refer to it as ‘Moby’s Dick.’ And I like to think Franz would have liked that.” Lindemann stated.
‪‬Collector Adam Lindemann to open new 3,200 sq foot Upper East Side gallery named Venus Over Manhattan, referencing a 1940s Art Deco sculpture with the opening show of 50 various works titled ‘À rebours,’ translating to “against the grain”
David H0ckney, Autumn Pool, 1978 (est 700,000 – 1 million GBP, realized 1,329,250 GBP), via Phillipsdepury.com
Wednesday’s Contemporary Art Evening Sale at Phillips de Pury in London, which carried a presale estimate of 5.6 – 8 million GBP, brought in 6,562,900 GBP, with 21 of 56 lots unsold (86% by value, 69% by lot). The featured lot, David Hockney‘s Autumn Pool, sold for 1.3 million GBP against a high presale estimate of 1 million GBP. This also broke the record for a work on paper by the artist at auction.
Andy Warhol, The Scream (after Edvard Munch), 1984 (est. 500,000-700,000 GBP), via Phillipsdepury.com
more story and pictures after the jump…
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Quilt by Alexandre da Cunha, and Six Billboards by Angus Fairhust, Art Basel. Image via Art Daily, AP Photo/Keystone/Georgios Kefalas.
Yesterday marked the end of the most highly-attended Art Basel to date. The 41st annual contemporary art fair boasted 306 galleries from 36 countries, and AO was on site to peruse the work of some 2,5000 artists. 62,500 dealers, collectors, curators, high-profile shoppers, artists, and art appreciators navigated installations, browsed gallery booths, mingled, and enjoyed the city of Basel. Artists, established and newcomers both, showcased works ranging from Polaroids to performance pieces, paintings to videos, sculptures to large-scale installations. A social and teeming affair with an obvious commercial edge, Basel’s sales were optimistic. Picasso, Warhol, Prince, Hirst, de Kooning, Pollock, and other similarly established artists reigned supreme as the focus of this year’s event. Franck Giraud, a New York dealer, spoke to the New York Times about the lack of prominently featured up-and-comers: “Is it because that’s what the market wants, or is it because dealers didn’t want to take risks? I think it was a bit of both.” Nonetheless, certain galleries used Basel as a platform to introduce new artists and show off their latest signings.
More text, images and related links after the jump…
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Os Gemeos at work on their mural in at Houston and Elizabeth via The Art Collectors
Brazilian street art duo Os Gemeos are completing a mural on the corner of Houston and Bowery in New York on the site of the Keith Haring tribute memorial [The Art Collectors]
A rare interview with Bruce Nauman after he was awarded the Golden Lion at the Venice Biennale [The Art Newspaper]
The British Museum has raised 2/3 of the $200 million for its new Herzog & de Meuron-designed wing [Bloomberg]
Hirst’s recurring butterfly imagery adorns Lance Armstrong’s bike frame via Designweek
With perhaps one of the more thought provoking of the Livestrong bike creations, Damien Hirst has designed the bike Lance Armstrong will use during the final stage of the Tour de France with his recurring mortality metaphor of butterflies [Galerie Perrotin]
A breakdown of ArtNews’s Top 200 Collectors: 81% collect contemporary, 34% collect modern, 9% collect Impressionist, and 9% collect Old Masters [ArtNews]
Digital rendering of Claude and François-Xavier Lalanne’s menagerie on New York’s Park Avenue via NY Times
From Sept. 13 through Nov. 20, Claude and François-Xavier Lalanne’s animal menagerie will adorn the medians between 52nd and 57th Streets in Midtown Manhattan [NY Times]
Franz West’s The Ego and the Id via the The Public Art Fund
In related, Franz West’s 20 foot ‘The Ego and the Id’ will be installed Central Park at 5th Ave & 60th tomorrow, on loan from Amalia Dayan and Adam Lindemann through March [PublicArtFund]
BBC1 announces a four-part documentary focusing on Picasso, Dali, Matisse and Warhol, airing next year [BBC]
The Castlestone art fund is buying Post War art from deceased and non-producing artists such as Picasso and Warhol as it posits that pricing has dropped 20-40% from last year [International Advisor via ArtMarketMonitor] and a related email gaffe from Castlestone [ArtNewspaper]
Performance view of Anselm Kiefer’s ‘Am Anfang’ via Opera de Paris
German painter and sculptor Anselm Kiefer directed and designed, ‘Am Anfang,’ or ‘At the Beginning,’ for the Opera de Bastille in Paris, is currently running [TheGuardian]
In related, contemporary artist Zhang Huan will design and direct a 250 year anniversary production of Handel’s Semele in Brussels for the 2009/10 season [ArtDaily]
A new Banksy mural in Africa via SlamxHype
A number of Banksy murals in Africa have popped up, possibly in Mali [World’s Best Ever] and related, 120,000 have visited the artist’s exhibition in his hometown of Bristol [BBC Bristol via FAD]
Charles Saatchi has replaced his Abstract America show his Kings Road gallery for an installation promoting the Jaguar XJ [Vogue]
John Morton at the site of his sound installation in Central Park via NY Times
A pedestrian tunnel in Central Park is the site of an immersive sound installation by John Morton [NY Times]
A brush fire near Getty Center caused Getty museum officials to evacuate 1,600 visitors and 800 employees [LA Times]
Michael Jackson series by Andy Warhol via ArtDaily
A portrait of Michael Jackson by Andy Warhol is dropped from a NY auction after overwhelming inquiries [ArtDaily]
Phillips de Pury & Company is launching a series of new theme auctions, including 21st century art and “New York, New York” [Artdaily]
Abu Dhabi Art, a new art fair, will debut in November [Artinfo]
A “plinther” participant in Antony Gormley’s One & Other via The Guardian
Antony Gormley’s ‘One&Other’ continues its 100-day run on the fourth plinth of Trafalgar Square in London [One & Other (livefeed)]
In related participatory British art, 23 museum visitors sufferred minor injuries during Robert Morris’s recent Bodyspacemotionthings reprisal at the Tate Modern [ArtInfo]
The Tate announces the judges of the 2010 Turner Prize [The Art Newspaper]
Ben Lewis BBC reporter for ‘The Great Contemporary Art Bubble’ via The Age
The Guggenheim Museum via Guggenheim.org
The Guggenheim Museum celebrates its 50th anniversary with an exhibition on Frank Lloyd Wright [NYTimes]
The Wall Street Journal calls a possible art price floor based on NY Spring auction activity being the “smallest in 5 years” [Wall Street Journal]
A lawsuit is filed against Christie’s over $3.2 million accepted bid alledgedly made after another accepted phone bid [Bloomberg]
On the austere outlook for recent art school graduates [Financial Times]
Supermarkets censor Manic Street Preachers album cover by Jenny Saville [BBC]
On Art in America owner Peter Brandt’s new exhibition space / festivities at his Greenwich estate [Art Forum]
A digital rendering of Karl Haendel’s ‘Scribble’ on 441 Broadway via NY Times
Art Production Fund sponsors a by-hand, massive “scribble” (on wall once used by Banksy) on Howard Street in Soho, New York [NY Times]
An article on the effect at auction of the duration of artists’ careers as well as how prolific they are [NYMag]
The Museum of Contemporary Art in LA cuts four exhibitions and 17 more jobs [LATimes]
The Fine Art Fund Group sets up to bid on 2 corporate art collections worth up to $65 million and holding works by Picasso and Cindy Sherman [Financial Times]
Maria Baibakova via WWD
24-year old Russian Heiress Maria Baibakova is launching new contemporary shows in Moscow [WWD]
The Obama family redecorates the White House with works by Jasper Johns,Richard Diebenkorn, Jasper Johns and Robert Rauschenberg [Wall Street Journal]
Deitch Projects director Nicola Vassell in her Soho loft via NYMag
On the salon-like atmosphere at Deitch Projects director Nicola Vassell’s Soho, New York apartment [NYMag]
Steve McQueen has lunch with the FT, speaks on his film ‘Hunger’ and the Venice Biennial [Financial Times]
The Museum Brandhorst in Munich via Cubeme.com
Munich’s Brandhorst Museum opens, housing works by Joseph Beuys, Bruce Nauman, Damien Hirst and Gerhard Richter [The Art Newspaper]
A trip photo by Rita Ackermann in Marfa via Blackbook
Rita Ackermann documents her artist in residence in Marfa, home of Donald Judd’s Chianti Foundation [BlackBook]
101 Spring Street, the former home and studio of artist Donald Judd in Soho, New York
In related, the Judd Foundation will restore 101 Spring Street, a cast iron building that was the home and studio of artist Donald Judd. [ArtDaily]
The artist Dash Snow in his Bowery Studio via the Fashionisto
Artist Dash Snow profiled in Muse Magazine [Muse]
Nearly 11,000 people have applied to be part of Antony Gormley’s interactive sculpture on London’s Fourth Plinth, to run from July to October [Independent]
‘Sold Out,’ the original title for ‘The Warhol Effect,’ the Tate Modern’s autumn show featuring Hirst, Koons and Haring , was rumored to have been vetoed by one of the artists due to its double meaning [GuardianUK]
Damien Hirst is the Art Curator for ‘Boogie Woogie,’ a new fictional film on the inside of the art world [TimesUK]
And Hirst opens a show of his work in Prague [RadioPrague]
The Torment of Saint Anthony, reportedly by Michelangelo
The Kimbell Art Museum in Fort Worth, Texas purchases what it believes to be Michelangelo’s first painting, which he completed when he was 12 or 13 years old [DallasNews]
The Hermitage and the State Russian Museum are accused of tax evasion by the Federal Tax Police [The St. Petersburg Times] via ArtinAmerica
The Art Institute of Chicago’s Modern Wing via ArtInfo
The 264,000 square foot Renzo Piano designed Modern Wing of The Art Institute of Chicago opens, making the museum the second largest in the US [ChicagoTribune]
A £3 million, 2-ton Henry Moore sculpture stolen in 2005 was most likely melted down and sold for £1,500 worth of scrap metal [GuardianUK]
President Sarkozy will attend the groundbreaking ceremony for the controversial Louvre in Abu Dhabi [ArtNewspaper]
Richard Prince’s ‘After Dark’ Tapestry on the Hong Kong Museum of Art via Wallpaper
Richard Prince covers the Hong Kong Museum of Art in pulp-fiction novel covers to commemorate the exhibition “Louis Vuitton : A Passion for Creation” [ArtDaily]
In related, with a 31% attendance increase and strong sales, the 2nd Hong Kong International Art Fair is deemed a success [HongKongArtFair]
The New home of Hauser and Wirth New York at 32 East 69th Street via ArtInfo
Gallerist David Zwirner will open a new gallery in Shigeru Ban’s Metal Shutter House on West 19th Street and, uptown, Hauser & Wirth New York (following last month’s debut of Swallow Street, its London exhibition space for emerging artists) will open an Annabelle Selldorf-designed space in the building that was formerly occupied by Zwirner and Wirth on 32 East 69th Street [ArtReview]
The Albion Gallery in London closes in bankruptcy [Artinfo]
Roughly 25 out of 388 galleries in Chelsea have closed but at least 10 new galleries have opened, with more are on the way [Crain’s]
Huang Yongping's Sixty-Year Cycle Chariot sold for double the high estimate of $194,00, setting a new auction record for the artist, via Artdaily
Contemporary Asian Art Sale at Sotheby’s Hong Kong brings in $8.5 million USD, well wthin expectations with over half of the lots above estimate [Artdaily] more here [Bloomberg] and here [AuctionPublicity] and here [Economist] and here [Artinfo]
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and finally more here [China Daily via ArtPatrol]
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And in related: The Getty acquires 9 contemporary Chinese photographs for $100,000, boosting its Asian collection despite a tighter budget [Bloomberg]
Takashi Murakami will soon debut a new collaborative collection with Louis Vuitton [HypeBeast]
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New York financier/art collector Ezra Merkin charged with $2.4 bilion fraud, the proceeds of which were used to fill his apartment with $91 million worth of art including Mark Rothko works from his collection, one of the largest in the world for the artist [Guardian UK]
Kate Moss by Damien Hirst is the new cover of Tar Magazine (anagram for “art”) [NY Times]
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Art funds launched in 2008, such as the London-based Art Trading Fund, are shelved due to failure to raise required funds [ArtNewspaper]
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Art:21, Art in Twenty-First Century is now available for free on Hulu [Hulu]
Russian Artist Andrea Molodkin, previously cited by AO here, prepares for Venice Biennale [Financial Times]
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Jeff Koons is speaking at Strand Books tonight at 7:00-8:30 in New York [Via FAD]
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New York Old Masters dealer Lawrence Salander is indicted and pleads guilty in $88 million charge [Bloomberg]
A look inside Rome’s MAXXI designed by Zaha Hadid via c-monster
A preview of the MAXXI in Rome, $108 million art museum designed by Zaha Hadid [c-monster]
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Adam Lindemann, financier, collector and author of Collecting Contemporary launches a new book from Taschen: Collecting Design [ArtInfo]
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Flash Art’s current cover featuring a portrait of Barack Obama by Marlene Dumas via Art Fag City
Marlene Dumas’s portrait of Barack Obama is the cover of Flash Art [Art Fag City]
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Madonna’s art collection is estimated at £80 million pounds [TimesUK]
A selection from the site via The World’s Best Ever
A timeline of modern & contemporary art artists by movement, school, style, period, theme & art prize [The-artists.org via The World’s Best Ever]
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Richard Serra to receive honorary degree from Pratt Institute at its 120th Commencement on May 18th [MediaBistro]
Interview with photographer Nan Goldin on why she is auctioning some of the curiosities she has collected [TelegraphUK]
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SFMOMA announces plans for a future expansion, doubling gallery space [SF Chronicle]
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A preview of SANAA’s design for the 2009 Serpentine Pavillion via Architect’s Journal
SANAA, the Japanese architectual duo behind the New Museum, release first glimpse of design for the 2009 Serpentine Pavilion [Architect’s Journal]
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Jim Dine donates 40 drawings influenced by Greek and Roman sculpture to the Morgan Library [Artinfo]
Julian Schnabel’s Picasso Femme au Chapeau will soon be sold by Christie’s [New York Times]
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The Mugrabis, a high impact, market-making collector family, may be addicted to the game of art [The Observer]
Left to Right: Nate Lowman, Rachel Feinstein, Glenn O'Brien, Sarah Thornton, Mary Boone, and Adam Lindemann.
Often times, Art Basel Miami is pigeonholed as the tropical mai-tai of the art world, all decoration and pizzazz…..and not much substance. Thus, it was refreshing when, on a quiet Friday evening December 5th, on the rooftop of the newly opened Mondrian hotel, Assouline, Accompanied Literary Society, and Intermix hosted an intimate and intellectual dinner discussion with an enviably high-caliber panel. Curated by Neville Wakefield and moderated by Glenn O’Brien, the panel included legendary art maven Mary Boone, a pregnant and radiant Rachel Feinstein, acclaimed writer Sarah Thornton (who trooped through the discussion despite having a dismal case of laryngitis), collector Adam Lindemann, and young man-about-town, artist, and significant other of Mary Kate Olson, Nate Lowman.
Words By Faith-Ann Young
Photos Courtesy of Nick Hunt / Patrick McMullen
“Untitled (77/23 — Bernstein)” (1977) by Donald Judd sold for $3,218,500 against an estimate of $4.0 million, via ArtInfo
PHILLIPS DE PURY’S CONTEMPORARY ART SALE, New York, Thursday, November 13th
Total Lots Offered: 51, originally 56
Total Lots Sold: 30
Total Sales Value: $9.6 Million
Total Sales Pre-Auction Estimate: $23-$32 Million
Before Phillips de Pury’s Contemporary Art sale began in New York on Thursday evening November 13th, five works were withdrawn, including John Currin’s Standing Nude from 1993 (est. $500–700,000), pictured below, Richard Prince’s Untitled (Tire Planter) from 1999 (est. $120–180,000), and an Anselm Kiefer work. Total sales were $9,608,700, which was less than half of the low estimate of $23 million. By way of comparison, a comparable Phillips sale a year ago fetched $42.3 million. In the end, 41% of the lots (21 lots) were unsold (51% unsold by value) and those that did sell did so at below estimates. Anything estimated to sell at more than $1 million was either withdrawn or went unsold. In attendance were collectors such as Adam Lindemann, Stavros Merjos, Stefan Edlis of Chicago, Maria Baibakova, Mera and Don Rubell, Zurich dealer Doris Ammann, and executives from the Russian luxury goods giant Mercury Group which, as covered by Art Observed here, recently purchased the Phillips de Pury auction house.
Despite the dismal outcome of the totals, Phillips de Pury’s in the end appeared prescient versus its competitors Sotheby’s and Christie’s who both got crushed by over guaranteeing works in a down market, by contrast, Phillips guaranteed none of the 51 works offered, save for a single neon text 2005 sculpture by Kendell Geers, which had a low estimate of $60,000 and sold for $56,250. In a comparable sale last November, Phillips guaranteed about half the lots.
$9.6 Million at Phillips De Pury [ArtNet]
Phillips Sale Totals Less Than Half the Low Estimate [New YorkTimes]
Phillips Goes with the Downward Flow [ArtInfo]
Hirst Painting Flops at ‘Brutal’ New York Art Auction [Bloomberg]
more story and pictures after the jump…
