AO Art Observed™

Anish Kapoor with his work, Vertigo (2008), via Guggenheim Bilbao

Currently showing at the Guggenheim Museum Bilbao in Spain is an exhibit of works by Indian sculptor Anish Kapoor. Kapoor is known for his simple, large, monochromatic pieces. His work has been shown internationally and is featured in many large cities around the world. According to the gallery’s website, this show is the first large-scale exhibition of Kapoor’s work shown in Spain.

Shooting into the Corner (2008-09) by Anish Kapoor, via A World to Win

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Shooting into the Corner, Anish Kapoor, 2009. Image via Scai the Bathhouse.

Anish Kapoor has installed five new sculptures at Scai the Bathhouse, Tokyo.  This is the third time Kapoor has exhibited his sculptures at the Japanese contemporary art gallery.  Although from Mumbai, India, Scai’s location prompted Kapoor to draw inspiration from Japanese craft, and to collaborate with an urushi lacquerware artist.

Untitled, Anish Kapoor, 2009. Image via Scai the Bathhouse.

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Untitled, Maurizio Cattelan (2001) Estimate: $3–4 million Price Realized: $7.9 million

Last night, Sotheby’s confirmed the art market’s return to form as 50 of the 53 lots on offer sold at its Contemporary art sale.  Tallying $189,969,000 in sales, well over the house’s $162 million pre-sale estimate, 39 works fetched more than one million dollars, with two selling for more than $30 million, and seven making more than $5 million. Further to this, the sale achieved the two top lots achieved so far at New York’s Contemporary sales week, surpassing Christie’s sale of Jasper Johns Flag for $29 million on Tuesday night  – Andy Warhol’s Self-Portrait more than doubled its high estimate to sell for $32,562,500, and an Untitled Mark Rothko painting from 1961 soared over the high estimate to sell for $31,442,500.

Self Portrait, Andy Warhol (1986). Estimate: $10-15 million. Price Realized: $32,562,500

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A spiraling sculpture designed by Turner Prize-winning artist Anish Kapoor, in collaboration with leading structural designer, Cecil Balmond, has been chosen as the monument to mark the London 2012 Olympic Games. When finished, the 377-foot sculpture will stand taller than Big Ben or the Statue of Liberty and is set to dominate the east London landscape, perhaps as a permanent attraction for generations to come.  Kapoor and Balmond’s Orbit, which will be placed between the aquatics center and the main stadium, was chosen from a shortlist of three, beating tower-based bids by the artist Antony Gormley and the architects Caruso St John.Indian steel magnet, Lakshmi Mittal, is providing about $24 million of the total cost of the structure, with the remaining amount coming from the Greater London Authority. From the beginning, the award of the Olympics to London has been regarded as bad news and so, the unveiling of this colossal monument has provided much opportunity for jestering. Officially titled ArcelorMittal Orbit, suggested nicknames are rolling in thick and fast: The Guardian favored suggestions such as ‘The Leaning Tower of Umbilical Cord’, another suggested ‘Hubble Bubble’ or the ‘Colossus of Stratford’

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Tacita Dean’s Christmas tree, ‘Weihnachtsbaum‘ at Tate Britain via Zimbio

The Tate has been embracing the Christmas spirit this week with a series of headlining seasonal happenings.  The Tate Christmas Tree 2009, “Weihnachtsbaum” designed by Tacita Dean, shocked critics by actually appearing “Christmassy”[Bloomberg]  This weekend, Tate Modern’s vast Turbine Hall was taken over by Rob Pruitt‘s festive ‘Flea Market’ – originally held at Gavin Brown’s Passerby gallery in New York in the late 1990s, this event was programmed to coincide with the Tate Modern exhibition Pop Life: Art in a Material World, in which Pruitt also appears [POP Magazine]

Italian police have seized works of art belonging to Carlisto Tanzi – founder of the Italian firm Parmalat who collapsed in a massive fraud scandal in 2003. The 19 paintings and drawings, included works by Picasso, Monet and Van Gogh, and is estimated to be worth more than 100million euros [BBC News]

Antony Gormley’s Event Horizon that will appear in New York’s Madison Square Park in March 2010 via ArtInfo

Antony Gormley has announced plans to install 31 nude sculptures cast from his own body in and around Madison Square Park in Manhattan’s Flatiron District beginning March 26 [NY Times]

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Eight Elvises, which sold for $100 million in a private deal last year via TheEconomist

–  The Economist has a downloadable special report on the art market, in it Sarah Thornton reports in an article on Warhol, in the wake of the sale of his work in the recent New York  contemporary auctions for $43.8 million, that in August 2008 Andy Warhol’s singular “Eight Elvises” was sold privately to an unknown buyer for $100 million [Economist]

- Close to $100M of Russian art aims to be sold for Russian Art Week in London, where the vast growth of wealth in Russia allows for repatriation of that country’s works [Bloomberg] more on this here [WallStreetJournal]

A discerning look into some of the less disclosed but nevertheless driving forces and relationships behind various high profile exhibitions [Financial Times]

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Jeanne-Claude and Christo via smh

Jeanne-Claude, the radical artist best known for the joint projects undertaken with her husband Christo – most notably the wrapping of the Pont Neuf in Paris and the installation of 7,503 vinyl gates with bright orange panels in Central Park in 2005 – dies at the age of 74 in New York City [Guardian] a review of some of the couple’s monumental art here [Guardian]

Jeff Koons’ train installation via artculture

The Los Angeles County Museum of Art (LACMA) reconsiders plans for a Jeff Koons sculpture involving a replica of a 70-ft 1944 Baldwin locomotive to hang from a crane and estimated to cost $25 million [LATimes]

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Memory (2008) by Anish Kapoor, via The New York Times

Anish Kapoor‘s Memory (2008), a site-specific work now on view at the Guggenheim in New York, is the fourteenth commission project launched by the Solomon R. Guggenheim Foundation and the Deutsche Bank. Conceived to engage two different exhibition locations at the Guggenheim museums in Berlin and New York, the work is made of a skin of Cor-Ten steel only eight millimeters thick.

Press Release [The Guggenheim]
Inside, Outside, All Around the Thing [NY Times]
Guggenheim Turns 50, Lays Anish Kapoor an Egg [The L Magazine]
Anish Kapoor [Frieze]
Anish Kapoor Installation Opens as Part of Museum’s 50th [Artdaily]

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Brill Box, Andy Warhol (1964) via Phillips de Pury

Last week ArtObserved was on site for the Modern and Impressionist auctions at Christie‘s and Sotheby‘s in New York. Tonight, November 10, ArtObserved is set to attend Christie’s for the first auction of the fall ‘Contemporary Week’ in the city. After their record-breaking sale on November 4, Sotheby’s Emmanuel Di-Donna stated that “when you have the right property…you get fireworks.” In light of this, much is to be expected this week with Phillips de Pury, Christie’s and Sotheby‘s all stating that they are offering the most important and rare works by artists such as Andy Warhol, Jasper Johns, Willem De Kooning, Ed Ruscha and Jean-Michel Basquiat.

Ilona on Top (Rosa Background), Jeff Koons (1990) via Sotheby’s

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Afro Apparition, Chris Ofili (b.1968) all pictures from Sotheby’s unless otherwise noted.

Today Sotheby’s London held their October Contemporary Art Auction to coincide with Frieze Art Fair which is currently underway in London’s Regent’s Park and art observed was on site with coverage.  The 223 lot auction comprised of work, in a range of media, by leading post-war artists such as Jean-Michel Basquiat, Chris Ofili, Gerhard Richter, Anish Kapoor, Damien Hirst, Frank Auerbach, Anthony Gormley, Farhad Moshiri and Yan Pei Ming. 73% of the contemporary works were sold and the eventual total of the sales came in at  12,757,125 GBP. All sale totals stated in this article include buyer’s premiums and come directly from Sotheby’s official website or courtesy of The Baer Faxt.

Fuego Flores, Jean-Michel Basquiat

Related Links:
Sotheby’s Homepage
Autumn Fairs are a Barometer for the Art Market [NYTimes]
Can Frieze reheat the art market? [The Independent]

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Frieze Art Fair entrance in Regent’s Park, London

Art Observed is currently on site at the seventh edition of Europe’s largest contemporary art fair: Frieze which is on show in London’s Regent’s Park through October 18th.  The 164 exhibiting galleries represent the most exciting contemporary artists working today and for the past two years Frieze Art Fair has attracted over 60,000 visitors over the three day period for which it is active.  In addition to this, the fair not only attracts curators and collectors but encourages participation by all: over the three days the fair presents a curated program of talks, artists’ commissions and film projects, many of which are interactive or performative and encourage visitors to engage with art and artists directly.

A view of the booth of Galerie Emmanuel Perrotin with work from Xavier Veilhan in the foreground and Duane Hanson in the background at Frieze Art Fair via abcnews.go.com

Related Links:
Art out of the ordinary [TimesOnline]
Frieze gets off to fizz-popping start [The Guardian]
A chair you can actually sit on [WSJ]
Autumn Fairs Are a Barometer of the Art Market [NYTimes]
Abramovic, Paltrow browse at Freize as buyers haggle [Bloomberg]
Chill of recession hits London Frieze art bonanza [Reuters.com]
Introducing the Frieze Art Fair [Telegraph.co.uk]
Party of the Weel: No sign of the Crunch at Frieze Art Fair [The Independent]
Recession chill hits Frieze Art Fair [Channel4.com]
Roll up for moody modern masterpieces:it’s the Frieze art fair [The Guardian]
Frieze Art Fair Opens to Steady Sales, Gray Art [WSJ]
Frieze Art fair: test your knowledge. A quiz to find out if you’re an art aficionado or Frieze faker [The Guardian]
London Calling a Spate of Artists to their Openings [NYTimes]
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Kirsten Dunst on the set of a production by Takashi Murakami in collaboration with McG via aarting

Tate Modern’s “Pop Life: Art in a Material World,” features a video that is a collaboration between McG – famous Hollywood director, and Murakami – Japan’s king of pop art: starring actress Kirsten Dunst on the streets of Akihabara in Tokyo for “Turning Japanese” by rock band The Vapors [The Wall Street Journal]
A 1984 work by Chinese artist Li Keran sold for $940,000, the most for a print at a Hong Kong auction, where bidding led by mainland buyers has taken many prices several times above estimates [Bloomberg]
Sotheby’s Asia sales in Hong Kong revealed that demand for Chinese paintings, while firm, is mixed; as the market is still vulnerable, less pricey, quality pieces were the ones to realize numbers higher than their estimates [Reuters]
Works including those by Renoir, Pollock, Degas and Rembrandt stolen from the home of a retired Harvard Medical School professor and collector, and his business partner; only authentic pieces were taken, leaving behind impeccable reproductions [Boston Globe via Art Market Monitor] in related Uncooperative and unable to produce evidence that the stolen art existed, Angelo Amadio and Dr. Ralph Kennaugh, become suspects of the theft to which allegedly they are victims [ArtDaily]

Tracey Emin via Guardian UK

Discouraged by British government’s top rate tax, Tracey Emin threatens to abandon England for France where she claims the politicians understand the importance of supporting culture and art [Guardian UK] in related At the London’s Frieze Art Fair, in the booth of New York’s Lehmann Maupin Gallery, Tracey Emin, known for her confessional artwork, is offering to make customized artworks based on answers to fifteen personal questions [Artinfo]
Fanjul paintings nationalized by Cuba in an exhibit in Museo del Prado in Madrid involve legal consequences as the Museum is being investigated by the US department of state for illegal trafficking of a work of art owned by US citizen confiscated by Cuban government [The Art Newspaper]
Turner Prize exhibit at Tate Britain in London this time startles the viewers with the lack of now expected blood, outrage and other shock factors [Bloomberg]
The Bloomberg administration makes an announcement of its plan to give nonprofit cultural groups access to gallery and theater space in city owned properties and help artists develop business plans [Crain's Business]

Donald Judd concrete constructions in Marfa Texas via Hip-Ster-Krit

6 of 15 concrete constructions built by Donald Judd in Marfa Texas required repair and conservation work, October 10th the works will once again be open to the public [Artinfo]
A look at the Chinese Gao brothers who are shocking their country with brave, politically challenging art works, such as a life-size sculpture of Mao whose body is only reunited with his head on ‘special occasions’ [The New York Times]
When most artists’ prices are decreasing in a recession, a few go up: Italian Maurizio Cattelan is one of those who thrive in the tough economic times, an analysis of his work reveals some truths on the variables of the art market [The Economist]

Damien Hirst posing in front of his work via ARTblog +

A portrait of Damien Hirst built through an interview: his influences, unusual artistic paths (such as painting) and mediums to come, and a subjective depiction of the artist’s personality [Times Online] in related Hirst tells BBC that he will not be producing large scale installations and will rather concentrate solely on painting by applying oil to the canvas with his hands, something he has been secretly doing these recent years [BBC] and in related the FT reports that Hirst lays off much of his staff, closes two studios and is actually making paintings himself; while the galleries give no comments on the unsold works worth millions [Financial Times]
As art fairs struggle to retain exhibitors, a new modern and contemporary fair in Abu Dhabi signs up forty-eight names, including PaceWildenstein, Gagosian, Acquavella and White Cube [Lindsay Pollock] related 50 paintings from the New York Guggenheim Museum to be shown in Abu Dhabi [Arts Abu Dhabi]

‘Fuego Flores’ by Jean Michel Basquiat via Auction Publicity

Sotheby’s October Contemporary Art Auction, estimated to realize in excess of £9 million, will include works by leading artists, such as Jean-Michel Basquiat, Anish Kapoor, Andy Warhol, Chris Ofili, Damien Hirst, Gerhard Richter, Antony Gormley and Yan Pei-Ming [Auction Publicity]
Following in the footsteps of Anselm Kiefer and Toni Morrison, Umberto Eco has been named the next guest curator at the Louvre; the show “Vertige de la Liste” (Vertigo of Lists) will revolve around his chosen theme “the list” [Artinfo] in related news, talks are underway to open a McDonald’s restaurant and a McCafé at the Louvre next month [Telegraph]
An art dealer from Stockholm, Sweden has been accused of faking works by heavyweight modernists including Georges Braque, Alberto Giacometti, Edvard Munch, and Egon Schiele [Artnet]

Child of lonely – performance by Terence Koh October 6 at Thaddaeus Ropac Gallery, Photo Olivier Zahm via purple DIARY

Terence Koh prepared his first solo show at the Parisian gallery Thaddaeus Ropac, which takes a form of an imaginary opera in eight acts, the first act taking place October 6, 2009 [The Art Newspaper]
The four artists shortlisted for Turner Prize 2009 are: Enrico David, Roger Hiorns, Lucy Skaer and Richard Wright; the winner is to be announced December 7th [Turner Prize 2009]
Jerry Saltz writes about new galleries emerging despite the economic crises, provides a list of new galleries to see and comments on the effects of the recession on the female artists [New York mag]

The current state of the building to house Sperone Westwater and the computer rendering of it via Lindsay Pollock

A concrete foundation is rising at the site of the future Sperone Westwater gallery designed by the British architect Sir Norman Foster on the Bowery; the 10 story building will rise only one block away from New Museum [Lindsay Pollock]
As opposed to expanding outside their home in LA, Tim Blum and Jeff Poe open a new 21,000 square foot space conveniently located in front of their existing gallery on South La Cienga Boulevard, Los Angeles [Los Angeles Times]

Jacket designed by JR via The World’s Best Ever

A jacket from JR’s Face2Face Project comes in a limited edition of only 100 [The World's Best Ever] in related A video interview with JR in Paris about his project Women are Heroes, which allows the viewers to call a number and hear an interview with one of the chosen women for the project [Vernissage TV]
An interview with Dasha Zhukova that notes her easy acceptance in the art world [Guardian UK]
28 as opposed to 40 exhibitors had pulled out of the Frieze Art Fair, yet despite the equally disappointing numbers, many lesser known, but in no way inferior galleries, will get a shot at the famous art fair [Telegraph]

Miranda July via Vice

Miranda July creates a series of photographs to imitate and bring attention to the extras in iconic movies [Vice]
An Italian professor, Dr Seracini, has been working on technology that can enable the search for the largest painting Leonardo da Vinci ever painted – The Battle of Anghiari, a work he believes to be hidden underneath the frescoes in Florence’s Palazzo Vecchio [The New York Times]
MoMA received an unexpected gift this month – an estate, estimated to be worth more than $10 million, belonging to the late Michael H. Dunn, a bachelor from Derby, Vermont [The New Yorker]

Svayambh, Anish Kapoor via The Guardian

Currently on show at London’s Royal Academy is a major solo exhibition of one of the most influential sculptors of our time, Anish Kapoor. The 1991 Turner Prize winner’s work has taken over the main galleries of the Museum and serves as a survey of his entire body of work to date, as well as introducing the viewer to new and previously unseen pieces.

Anish Kapoor via The Royal Academy

Related Links:
Royal Academy Homepage
Anish Kapoor Official Homepage
Anish Kapoor, Royal Academy, London [The Independent]
Anish Kapoor: A very fine mess [Guardian UK]
Kapoor Fires Cannon, Makes Mess at Royal Academy: Interview [Bloomberg]
“Bloody” Anish Kapoor sculptures on show at Royal Academy [M&C]
Anish Kapoor exhibition at the Royal Academy [Times Online]
Anish Kapoor [Guardian UK]
Shooting Into the Academy [The Wall Street Journal]
Anish Kapoor at the Royal Academy, London [Financial Times]
Bringing beauty and beast into the drawing room [Economist.com]
Anish Kapoor at the Royal Academy review by Lucy Charkin [fadwebsite.com]

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Installation view of Anish Kapoor’s work at the Royal Academy of Arts in London via BBC

Anish Kapoor, the first living artist to exhibit at the Royal Academy of Arts in London, installs a work that shoots red paint to the walls of the famed 18th century building [The Wall Street Journal]
Jeff Koons to be the curator of the New Museum show of Dakis Joannou’s collection, including works by Maurizio Cattelan, Urs Fischer, Robert Gober, Chris Ofili, and Jeff Koons himself [The New York Times]
Russia’s biggest contemporary-art fair opened September 23, 2009 in Moscow to coincide with Third Moscow Biennale of Contemporary Art [Bloomberg]
Donald Fischer, founder of Gap and art collector, loses his battle to cancer at 81; his collection will be permanently housed at San Fransisco Museum of Modern Art [San Francisco Chronicle]
Artist Ed Ruscha stars in a film by video artist Doug Aitken to be projected as installation entitled “Frontier” on Tiberina island in Rome [The Art Newspaper]
Andreas Gursky, his works and Pop influences, mainly Warhol’s, as analyzed in the Economist conclude “99 cents II (Diptych)” as the artist’s most important piece [Economist]

Ryan McGinness via J. Crew

Last summer painter Alex Katz modeled clothes for J. Crew catalog; this year seven New York artists, including Ryan McGinness and Vito Acconci, are featured [J.Crew]
Tate Modern to recreate a 1992 exhibition that took place in New York’s Leo Castelli and was criticized as racist; 15 years later Tate curators appropriate the show as a part of a bigger Pop Life: Art in a Material World exhibit and hope for a different reaction [The Independent]
A Sigmar Polke painting, Untitled – Oil on Drape (1969), stolen directly from the artist’s atelier, the police deliberates the thief could only be someone with access to the space [Artforum]
Frieze Art Fair 2009 announces the details of its sculpture park, in London’s Regent’s Park; “Henry Moore Bound to Fail” by American artist Paul McCarthy is to remain on display for six months [Frieze Art Fair]

Guggenheim Museum Art Award via The New York Times

Louise Bourgeois, Urs Fischer, Dan Graham and Mary Heilmann are among the select individuals nominated for the First Annual Art Awards Guggenheim Museum announced this week [The New York Times] In related, the Frieze Art Fair announced the call for entries to The Cartier Award 2010 [Art Review]     
Results from Sotheby’s mid-season Contemporary Art Sale details at Art Market Monitor [Sotheby's]
The British Arts Council and the London 2012 organization announce Anthony McCall as a finalist in their nationwide initiative to commission public art in celebration of the upcoming Olympics. McCall has proposed a 1,5 mile earth sculpture in the form of a simulated vertical cloud in Liverpool [ArtInfo]
A detailed survey of Contemporary-Art Auction values in the midst of economic crises as influenced by several variables, show a significant decrease [Bloomberg]
65 year old Jehuda Reinharz, President of Brandeis University- home to Rose Art Museum housing works by artists such as Warhol and De Kooning, is to resign [Los Angeles Times]

Sophie Calle photographed by Yves Geant via Guardian UK

France’s conceptual artist Sophie Calle’s path to art world recognition as examined through a personal perspective: stripping, spying, sleeping, “seducing her father” all turned into artistic practice [Guardian UK]
At Westminster Cathedral, British painter Peter Doig is to create a new installation to coincide with a concert from the British pianist Stephen Hough whom he met after a recital in London in 2008 [Art Review]
Two new co-directors, both previously with Art Basel, promote this year’s Art Forum Berlin to attract some of the city’s big name art galleries, among which: Max Hetzler, Johann König, Klosterfelde and Neugerriemschneider [Financial Times] and here is some video of the event [Vernissage TV]
60 Galleries are not returning to Art Basel Miami Beach, but 65 new ones are added, hence the fair grows in quantity [Lindsay Pollock]

Picasso’s sketch to be auctioned via Guardian UK

Picasso’s sketch that must have taken seconds to produce is expected to sell for more than £20,000 at Duke’s auction [Guardian UK]
Christie’s “First Open” Post-War and Contemporary Art sale brings in good results, appealing to many buyers while providing a wide range of pricing and themes [Art in America]
Christie’s Frieze exhibitions and auctions dedicated to Post-War and Contemporary Art will include works by artists such as Lucio Fontana, Damien Hirst and Gerhard Richter [ArtDaily]
Museum of Contemorary Art in Los Angeles raises $60 million since December 2008 when it had revealed its financial troubles [Culture Monster]
Annie Leibovitz and Damien Hirst to design for Louis Vuitton [Elle UK]

Rembrandt’s portrait of an unknown man via Times Online

Estimated at £25m, a portrait by Rembrandt is expected to raise a record price for the artist at Christie’s in London [Guardian UK]
Despite crisis, Mikhail Piotrovsky- the director of the Hermitage Museum in Saint Petersburg is planning an expansion, reinstallation and several new international venues [ARTnews]
Tate’s plan to increase display space by 60% is challenged by a £140m shortfall; donation for the past year amount only to £4m due to recession [The Independent] in related Tate announces upcoming exhibitions of Gauguin, Picasso and Chris Ofili [Guardian UK]
More on ex art-dealer Anthony d’Offay, who traded a $160m profit for a chance to provide the British public with an access to contemporary and modern art [Bloomberg]
Reuters Felix Salmon calls on Bloomberg’s Scott Reyburn who claims that Damien Hirst’s sales are recovered to levels seen at peak of the art market boom; Salmon claims the analysis by Reyburn is unsubstantiated [Reuters and Bloomberg via ArtMarketMonitor]

Ai WeiWei via Twitter

Ai Weiwei publishes on twitter images of himself going in for surgery after undergoing an attack by Chinese police [The Art Newspaper]
RoseLee Goldberg, Performa’s founding director, reads an excerpt from the Futurist Manifesto, announces details and gives hints about the surprise performances and their locations [Artinfo]
The director of the MET, Thomas Campbell, shares that the painting reattributed to Velazquez last week, “Portrait of a Man”, may soon travel to the Prado Museum in Madrid [ArtDaily]
More on the Artist Pension Trust, an investment vehicle that provides artists, who rarely engage in financial planning, with financial security when they retire [Guardian UK]
An antique shop in New Mexico put on sale a Van Gogh sketch for his painting Night Cafe, from a May 13 burglary, worth $250,000-1million, for $250 [Artinfo]

Caravaggio, The Supper at Emmaus via Artinfo

The National Gallery in London is sending Caravaggio’s The Supper at Emmaus to be exhibited at the Art Institute of Chicago from October 10, 2009 to January 31, 2010 [Fine Art Publicity]
Since Thursday, 110 galleries, most of them in Chelsea opened their doors to the new art season, showcasing what sells, what is missing on the art scene and which gallery spaces are more beneficial to the sales [New York Magazine]
Pope Benedict XVI organizes an art summit reaching out to 500 contemporary artists to reunite in Vatican [BBC via Art Market Monitor]  in related After his initial refusal to participate in Vatican’s art initiative, that will attempt to reestablish the dialogue between spirituality and art, Bill Viola rearranges his schedule and accepts Pope’s invitation [Artnet]
Curator of Modern and contemporary art at Menil Collection, Franklin Sirmans will be appointed chief curator oc contemporary art in LACMA and will assume his position in January [Culture Monster]

Anish Kapoor via Times Online

After an attempt to investigate the very nature of the scale of Anish Kapoor’s work and the man behind the work in an article published last week, Times Online writes on Anish Kapoor’s retrospective, providing a survey of the artist’s career, at the Royal Academy [Times Online]
An interview with Turner Prize winning video artist Steve McQueen where the artist speaks of his childhood, artistic influences, his musical preferences and view on art world and Artist Yoshimoto Nara speaks of musical, artistic and personal influences on his work [Guardian UK]

Velazquez, Las Meninas via The Wall Street Journal

Velazquez’s “Las Meninas”- an enigmatic work that has contributed to the shift of its very medium from the realm of craft to that of art [The Wall Street Journal]
Marlene Dumas, Tracey Emin, Marc Quinn, Antony Gormley and other contemporary artists donating works to Sotheby’s “Art for Africa Auction” on tonight [ArtDaily]
September 16, at the Guggenheim International Gala, a $1.2m Ellsworth Kelly painting received by the Museum as a gift was auctioned [Auction Central News]
The life and death of Dash Snow [Guardian UK]
Art critic, Holland Carter, proposes smaller and more smartly curated shows to take place of large blockbuster exhibits [The New York Times]
A new 37,000-square-foot outdoor space is lent temporarily to Lower Manhattan Cultural Council for exhibitions and performances by developers postponing their building projects, hence the name- LentSpace [The New York Times]

Richard Serra, Shift (Detail) via Arts Journal

As a 1970 iconic earthwork by Serra outside Toronto remains endangered, a litigious battle concerning access to and protection of the artwork continues [Arts Journal]
New York’s Armory show will move in geographic pattern from representing one city to another, its first choice is Berlin [Lindsay Pollock]
A short interview by brothers Jake and Dinos Chapman, discussing their drawings [Guardian UK]
David Zwirner is to be the first dealer to solely represent The Estate of Dan Falvin [David Zwirner]
New works by Julian Schanbel, Paul Chan, John Currin and Francesco Vezzoli are currently on show at New York’s Metropolitan Opera in an exhibition inspired by Mary Magdalene [metoperafamily.org]
Book review: “I Sold Andy Warhol (too soon)” by Richard Polsky [WallStreetJournal]

Zac Posen, RTW Spring 2010. Via WWD.com

Rosson Crow designs floral prints for Zac Posen’s Spring RTW collection [wwd.com]
Julian Schnabel is selling pieces from his art collection, including work by Picabia, Braque and Balthus to finance his divorce [New York Post]
The Roman Empire – Russia’s Roman Abramovich’s toychest of expensive things, inlcuding works by Francis Bacon and Lucien Freud, is examined [Wall Street Journal]
Sales of Chinese art at Sotheby’s Total: $15,532,479 Exceeding Expectations [ArtDaily]
The king of Japanese Contemporary Art, Takashi Murakami, speaks openly about the state of the art market, his legacy and his upcoming plans [Artinfo.com]
An encounter with Takashi Murakami in the Boom Boom Room at the Standard Hotel, New York following his opening at Gagosian Gallery in Chelsea [NYTimes]

Portrait of Pastor Swalmius, Rembrandt via BBC

Royal Museum of Fine Arts in Antwerp restores the “Portrait of Pastor Swalmius” and discovers it is Rembrandt’s creation, as such, the value of the work increases from $1.4 million to $28 million [BBC]
Russian Minister of Culture, looking for $100m to fund the development of a museum of contemporary art in Moscow, turns both to governmental support and private investors [Art Info]
The destruction in fire of Peggy Cafritz’ Collection mourned not only by her, but also by museums and galleries that recognized its value [The New York Times]
This Thursday night, Artist Duke Riley planning a naval battle for Queens Museum of Art gets support from volunteers, the event titled “Those About To Die Salute You” promises to be the city’s art party of the summer [Wall Street Journal]
A major site-specific sculpture installation by Anish Kapoor will be at Guggenheim for the Museum’s 50th anniversary [Guggenheim]
An $150,000 Philadelphia art prize announces finalists and boasts being the largest prize given for visual arts in a juried competition [Art Review]
In related, The Kandinsky Prize, the most important Contemporary art prize in Russia, will be showing works in London and will coincide with the Frieze Art Fair [Art Daily]

Leonardo Da Vinci, Mona Lisa via Louvre

A woman threw a tea cup at Mona Lisa in Louvre, as the painting hangs behind a bullet proof glass it is not damaged, the woman is taken to a psychiatric word [CNN]
Rocco Landesman’s pending appointment as the head of National Endowment for the Arts has been confirmed by US Senate [Los Angeles Times]
Elizabeth Andrews, a gallery supervisor, intends to file a lawsuit against the Tate Modern regarding its cold temperature contributing to her deteriorating health as she is forced to move there from Tate Britain [Art Review]

Bruce Nauman via Sperone Westwater

A plane will perform Bruce Nauman’s Skywriting Project on September 12 in Pasadena, 40 years after the idea’s conception [Artforum]
3 months after its inauguration, MoCA China runs out of money and Mr. Aranita, its founder flees to Hawaii leaving his ex-girlfriend and only legal partner to deal with his many debts [Art Newspaper]
After Ryan McGinley spent two months in caves of North America for photo shoots, his Manhattan food choices are documented by New York Magazine [Grub Street]

Unicorn The Child’s Dream, Damien Hirst via Guardian

Damien Hirst’s vitrine “The Child’s Dream” will become a part of Tate St Ives exhibition titled “The Dark Monarch” starting 10 October [Art Daily]
After Sotheby’s profit declines 87%, William Sheridan, its Financial Officer, claims that art prices and sales have bottomed [Bloomberg]
Due in part to failed relationship with Sotheby’s, Stephen Ranger resigns as president of Toronto auction house Ritchies, as the auction house lays off its entire staff of 25 people [CBC]

Presidio, San Francisco – a historical site where Fisher planned to build a museum via LAT

Gap founder Donald Fisher’s immense collection of art may not be available to public in San Francisco, since his plan of building a museum in Presidio has been opposed by the preservationists [Los Angeles Times]
With rent prices dropping almost to half of what they used to be, art dealers open galleries in the Hamptons where their clients spend Summers [The Art Newspaper]
To stop graffiti artists, Rome’s Mayor tries to pass a new law which assumes not only fines but also mandates cleaning up the defaced walls [Life in Italy]
In reaction to decline of art donations, senator Charles Schumer tries to pass a bill making donating tax-advantageous [Wall Street Journal]
Christie’s in collaboration with Pierre Bergé and Associates announce the second Yves Saint Laurent auction estimated to raise $3-4 million for H.I.V research and in related Sotheby’s 4 November, 2009 sale will include seven Impressionist paintings from the Durand-Ruel collection [Auction Publicity]

Newport Mill transformed into an exhibition space via The Moment

Enormous old mill in New Hampshire is transformed by William Ruger into an exhibition space where an inaugural show “H2O Film on Water” will be held [The Moment]
Ryan McGinness is commissioned to create his first site-specific work to celebrate the opening of a new wing in the Virginia Museum of Fine Arts [Art Info]
The 5 star Hotel Marienbad in Berlin accepts artwork as a form of payment as long as artists are not local [Guardian]
Glenn D. Lowry, the director of MoMA took a voluntary pay cut and yet managed to be the highest paid Museum Director in the six US museums with biggest budgets, landing $1.32 million for the fiscal year [The New York Times]
Funded by team owners, 14 site-specific works are created by prominent contemporary artists including Olafur Eliasson for the Dallas Cowboys Stadium [The Art Newspaper]

Anish Kapoor’s ‘Shooting into the Corner’ via The Independent

Britain’s Royal Academy opens its galleries in September to Anish Kapoor for the first single artist exhibition there since 1988 [Independent] and Kapoor’s commission for the Deutsche Guggenheim, ‘Memory,’ opens in October [Guggenheim]

Gilbert and George in Hong Kong via Financial Times

Gilbert and George describe their trip to Hong Kong for the opening of ‘Louis Vuitton: A Passion For Creation’ at the Hong Kong Museum of Art [Financial Times]
Oreg0n art dealer indicted for running gallery as a Ponzi scheme [Artinfo]

Glenn Brown’s ‘Christina of Denmark’ via Art in America

Lynn MacRitchie visits painter Glenn Brown’s studio [Art in America]
Predictions about the future of auction houses following the burst of the art market bubble [CNBC via Art Market Monitor]

Aerial view of Governors Island via Governors Island

Creative Time announces Plot, a public art quadrennial, to take place on Governors Island this summer, with 19 international artists showing in 5 buildings previously closed to the public [Creative Time]

Pablo Picasso’s ‘Homme à l’épée’ via Philippe Sollers estimated to sell for £5-7 million at Christie’s Impressionist and Modern Art Sale later this month

Christie’s announces its Impressionist and Modern Art Sale, with important works by Monet, Duchamp, and Picasso as highlights [Auction Publicity] and in other auction news, Latin American sales follow the downward trend [Artinfo]

Terence Koh and Tom Sachs celebrate the release of Koh’s new book at Julian Schnabel’s house via Style

Vito Schnabel holds a dinner party at Palazzo Chupi in honor of Terence Koh’s new book, ‘Flowers for Baudelaire’ [Style]
Eric Fischl is organizing a touring exhibition aimed at involving artists in the evolution of American identity in the wake of post-9/11 politics [LA Times]

Takashi Murakami signing posters for the Vogue Nippon launch via Hint

Comme des Garçons x Vogue Nippon concept shop opens, featuring Takashi Murakami collaborations [Hint]
Controversial modern museum, the Ara Pacis, in the heart of historical Rome, is vandalized [BBC]

Jenny Holzer’s ‘Monument’ via Economist

Daniel Arizona looks at how Jenny Holzer’s early aphorisms stand up now and how her new ‘Redaction Paintings’ capture today’s anxiety [Economist]
Antony Gormley and Sir Peter Blake among judges of Saatchi Gallery-Sunday Telegraph Art Prize for schoolchildren [TelegraphUK]

Simon de Pury at the helm at the auction in front of the Philip Guston

Last night’s contemporary auction at Phillips de Pury fell short of its low estimate of $12.2 million, bringing in $7.7 million, with 12 of the 43 lots going unsold.  The sale’s highlight, an untitled Robert Gober sculpture of a Farina cereal box valued at $2.5-3.5 million, went unsold with only one bid at $1.6 million.  An untitled Anish Kapoor sculpture, estimated at $800, 000-1.2 million, also was met with no bids.  However, one of the auction highlights, Philip Guston’s painting, ‘Anxiety,’ was the highest selling lot, going for $1 million, just making its low estimate. John Baldessari’s painting, ‘Person with Pillow: Desire/Lust/Fate,’ sold for $290,500, missing its estimate of $300,000-400,000.  It had sold at Sotheby’s a year and a half ago for nearly double that amount.  Many artists however, such as Zeng Fanzhi, whose show just concluded at Acquavella Gallery in New York and was covered by Art Observed here did break auction records (work shown below), the details of which are after the jump.

Phillips Contemporary Auction Falls Short of Estimate [NY Times]
Phillips Limps to the Finish Line [Artinfo]

Zeng Fanzhi’s ‘Little Boy’ via Phillips de Pury sold for $446,500 against estimates of $250,000-300,000

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