Global contemporary art events and news observed from New York City.
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Zaha Hadid and Karl Lagerfeld, image via Vanity Fair
Karl Lagerfeld and Zaha Hadid’s roving Chanel art space [Vanity Fair]
Art as an opaque, high risk/return asset class [FTimes]
Sotheby’s posts quarterly loss on lower commission margins [WSJ]
DiCaprio, his bike and his mom show up at Bonham’s NY debut [NYPost]
Alanna Heiss is PS1 [NY Mag]
A 5-part video series on Francis Bacon [Ubuweb via C-Monster]
Kehinde Wiley’s St. Sebastian II (Columbus), 2006 via Columbus Museum of Art
Michael Jackson via MJsite
Michael Jackson planning collaboration with Kehinde Wiley?[PR Inside]
UK’s planned taxes on incoming art from non-domiciled residents could discourage wealthy donors and supporters [Financial Times]
London’s February auctions prove that despite shaky financial climate, demand is still high for Impressionist, Modern and Contemporary works [NYTimes]
Recap of Jeff Koons talk at the 92nd St. Y [Art Fag City]
Salander O’Reilly Gallery in NY goes bankrupt: Ownership of works held at gallery still yet to be determined [Bloomberg]
Ed Ruscha talks about new show “Ed Ruscha: Paintings” on view at Gagosian London [Gaurdian]
Banksy’s Kate Moss/ Marilyn Monroe portrait fetches $191,000 at Bonhams [Bloomberg]
Rolls Royce auctioned at Bonhams via Elite Choice
Bonhams has announced its plans to move to a three-story space on the corner of 57th Street and Madison Avenue in New York. This site formerly housed the Dahesh Museum. The move, as well as the decision to sell their Scottish headquarters in Edinburgh, is part of an effort to raise the Auction house’s profile.
Bonhams Auction House [Bonhams]
Dahesh Museum [Dahesh Musem of Art]
Art Sales: Auctions Weather the Storms [Telegraph]
Bonhams Hosts First Urban Art Show [Art Observed]
Faile “London 12″ via Bonhams
Bonham’s in London is hosting its first ever street art auction on February 5th. Banksy, probably the most well known of the artists has 22 out of the 75 lots up for sale. Banksy’s anarchist works are expected to bring in the most profit, however there are many other noteworthy street artists being featured as well. Adam Neat, the youngest of the group, has had an estimate of £25,000 - 30,000 for his “Apprentice” piece.
Eric Fischl via Art Into
Art Info Talks to Eric Fischl [Art Info]
Works Stolen from Anselm Kiefer’s Property [Art Forum]
Bonhams has Record Year in 2007 [Bloomberg]
Bankrupt Art Dealer Salander Seeks Permission to Sell House [NYT]
Eli Broad Renegs on LACMA [New York Times]
On Russian to London Capital Flows to Contemporary Art [Financial Times]
On Bonhams First Middle Eastern Art Auction [Bloomberg]
2007 Review of Bidding Prices at Art Auction [Financial Times]
The Nahmad’s Trade - Art as a Security [Forbes]
Photos: Christian Coleman for ArtObserved
“Banksy Does New York,” the first New York gallery show for British-born street-artist Banksy, opened this Sunday, December 2nd, at Vanina Holasek Gallery on West 27th Street.
Just this October more than 50 Banksy works went to auction at Bonhams and Sotheyby’s, both in London. Nearly all the works sold for at least double (more…)
