Jean-Michel Basquiat, Hannibal (1982), via Sotheby’s

With the opening days of Frieze London also come the opening forays into the secondary market for the fall calendar for the British capital, with Phillips, Sotheby’s and Christie’s each trying their hand at a market that has seen distinctly turbulent, albeit occasionally impressive results for what many are calling a sales slump.  Coming off a sluggish summer with an above expectations at Phillips’ New, Now, Next sale of young artists in the past weeks, market spectators and the odd speculator are watching the Contemporary Evening Sales closely this week.

Rudolf Stingel, Untitled (2007), via Phillips

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Online retailer Yusaku Maezawa has been identified as the buyer of the record-setting Basquiat last night at Christie’s, Bloomberg reports.  “The moment I first saw the painting at the auction preview, the piece overflowing with his passion and technique, I felt shivers all over my body,” Maezawa says. “Regardless of its condition or sales value, I was driven by the responsibility to acknowledge great art and the need to pass on not only the artwork itself, but also the knowledge of the artist’s culture and his way of life to future generations.” (more…)

The Art News notes Christie’s sales announcement for Basquiat’s Untitled (Devil) 1982, a work the publication speculates may smash the artist’s $48.8 million auction record, and which is likely being sold from the collection of Adam Lindemann.   (more…)

The Art Newspaper reports on the strange goings-on behind the $37 million sale of Jean-Michel Basquiat’s The Field Next to the Other Road (1981) at Christie’s this year.  The work was sold by Tony Shafrazi, but documents show that he still owned the work two months later, raising speculation that the buyer backed out.  “We can confirm the lot was sold at auction,” said a spokeswoman for Christie’s.

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The New York Times profiles editor, curator, writer and downtown mainstay Glenn O’Brien, as he takes up his new position as top editor for Maxim, charting out his vision for the magazine, and his memories of New York during the 1970’s and 80’s, including time spent with Jean-Michel Basquiat.  “He would drop in, and I always had a big stack of paper by my typewriter,” he says. “He would just make drawings and give them to me.”

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Cy Twombly, Untitled (New York City) (1968), via Sotheby’s

Tonight Sotheby’s has logged its response to Christie’s moderate outing last evening, as the auction house’s Post-War and Contemporary Evening Sale saw steady, albeit occasionally slow proceedings, bringing a final sales tally of $294,850,000 with 13 of the 57 lots offered going unsold. (more…)

Jean-Michel Basquiat The Unknown Notebooks (Installation View)

Currently on view at the Brooklyn Museum is Basquiat The Unknown Notebooks, the first major exhibition of the writings and sketches from Jean-Michel-Basquiat’s’ rarely seen personal archives. Without a doubt one of the most influential artists of 1980’s Neo-Expressionism, Basquiat worked with music, poetry, and  graffiti before finally arriving at painting. Tagging the walls of downtown New York, Basquiat and his friend Al Diaz presented socially conscious graffiti under the tag name SAMO.  Straying from the visual attributes of popular graffiti, these tags were often full of sayings, quotes and poems in plain script that replaced graffiti’s showmanship with intellectual thought.  Navigating viewers into the personal thoughts of Basquiat with two video documentations and many rarely seen paintings,The Unknown Notebooks is a satisfying mixture of both seeing and reading.

Jean-Michel Basquiat The Unknown Notebooks (Installation View)

Basquiat’s cultural plurality and vivid paintings begin with the socially investigative phrases, symbols and thoughts on these carefully curated pages.  Each of the 160 pages in the exhibition hold a single composition, with blank pages framing the words to a strong effect.  Intent on speaking with political and socio-economic strength, corporate symbols, quotations, crowns, skeletons and teepees hang above words, and at the end of sentences, altering these everyday phrases, while visual techniques, suggesting dichotomies in familiar linguistic comprehension, open more room for unique interpretation.

Jean-Michel Basquiat The Unknown Notebooks (Installation View)

Accompanying the notebooks are a series of paintings that possess a freedom and fearlessness directly related to the artist’s graffiti background.  Words fill the canvas from top to bottom, transforming text into texture and letters back into gestural marks.  Acting as much as a carrier of language as a layer of paint, Basquiat’s words successfully  imported graffiti’s aesthetic energy and social awareness into the white cubes of the art world. The anonymous foundations of his early craft embrace this energetic freedom, vandalism, and self-expression that have come to define youth culture. A contributing figure in the impact of the practice in contemporary art proper, Basquiat’s dedicated approach to symbols and lettering transform this anonymous art form into a new format inside his burgeoning artistic repertoire. 

Jean-Michel Basquiat The Unknown Notebooks (Installation View)

Jean-Michel Basquiat The Unknown Notebooks (Installation View)

The Unknown Notebooks reveals  the underlying elements that made expression a larger concern for Basquiat than fitting into the previously determined aesthetic standards of high art. The primitive and socially aware foundations that have defined his work, and kept its impact almost thirty years later are here at Brooklyn Museum in an almost elemental form, on display through August 23rd.

— R.Williams

Read more:
“Basquiat: The Unknown Notebooks” at Brooklyn Museum [Exhibition Site]
“Review: Jean-Michel Basquiat’s ‘Unknown Notebooks’ at the Brooklyn Museum” [New York Times]
“‘Basquiat: The Unknown Notebooks’ Gives a Window Into Basquiat’s Mind At Its Most Relaxed” [Forbes]

An article in the New York Times explores a corner of the art world that deals in art that is more recognizable than cutting-edge, more pseudo than Surreal. Along with big-ticket names such as Jean-Michel Basquiat and Andy Warhol, galleries like Castle Fine Art and Martin Lawrence sell original artworks by reformed forgers such as John Myatt that mimic popular and recognizable movements like Impressionism or Abstraction but without the intimidating price-tag. According to the article, these moderately-priced and pleasant-looking pieces are especially attractive to first-time buyers used to buying luxury goods, for whom galleries even go out of their way to create a welcoming environment by staying open later and employing staff that have been known to smile.  (more…)

Jean-Michel Basquiat, Untitled (Just Sour) (1982), By Kent Pell from The Schorr Family Collection © The Estate Of Jean-Michel Basquiat, ADAGP, Paris/ARS, New York 2014

Now through June 13, the Acquavella Gallery is hosting an exhibition entirely dedicated to Jean-Michel Basquiat’s works on paper. The show, curated by Fred Hoffman, includes 22 drawings and one painting from the collection of Herbert and Lenore Schorr, a pair of Basquiat’s earliest collectors and friends, and dedicated predominantly to the artist’s works on paper, revealing a range and complexity few associate with Basquiat’s work.

Jean-Michel Basquiat, Unttitled (1981), By Kent Pell from The Schorr Family Collection © The Estate Of Jean-Michel Basquiat, ADAGP, Paris/ARS, New York 2014

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The much trumpeted auction of early works by Jean-Michel Basquiat has been put on hold by Christie’s, following a lawsuit by the artist’s surviving sisters over the authenticity of some of the works.  “Our goal is to allow time for all parties involved to reach an equivalent level of confidence in the validity of these items, so that the sale may resume at a later date,” the auction house said in a statement. (more…)

Christie’s auction house will auction a series of 45 never-before exhibited works from the early career of Jean-Michel Basquiat, a collection held by his former lover Alexis Adler from when the pair shared an apartment in the East Village from 1979 to 1980.  The online-only sale will be held in March, and features a mural the artist painted with the words “Olive Oyl” as the top lot, priced to sell for just over $400,000.  “He left this trail of art everywhere he went,” said Ms. Adler. (more…)

A New York man is claiming that a Basquiat drawing sold recently at auction was stolen from him in 2000.  Francesco Pellizzi is claiming that he had not seen the work since it was stolen from a drawer in his apartment, until this year, when he saw the work in a Christie’s auction.  The work was sold by dealer Jennifer Vorbach and lawyer David Ruttenberg, who had purchased the work after researching the work’s history.  “It changed hands a number of times, but Vorbach and Ruttenberg are not able to trace it back to anyone who obtained it from Mr. Pellizzi,” Lawyer Peter Stern said. (more…)

Rapper A$AP Rocky was spotted this week wearing a piece from Supreme’s Jean-Michel Basquiat Collection, which is set for release today both online, and in Supreme flagship stores nationwide.  Featuring photographs and graphics from Basquiat’s work, the line has been hotly anticipated by urban fashion enthusiasts and art lovers alike. (more…)

Art advisor Lisa Jacobs has been accused of deceiving a wealthy client, skimming $1 million off the top of the sale of Jean-Michel Basquiat‘s Future Science Versus Man, from the collection of the late collector Hannelore Schulhof.  The suit, filed by Schulhof’s son, Michael, seeks the return of the $1 million deficit, as well as punitive damages. (more…)

Urban fashion company Supreme has just unveiled its Fall lookbook, which has partnered with the estate of Jean-Michel Basquiat to include a number of graphics and images from the paintings of late artist.  In one photo, a model sports a red denim jacket, with Basquiat’s famous Cassius Clay figure.  Other pieces feature Basquiat’s signature textual juxtapositions and images.  (more…)

Riding the current wave of interest in the art and life of Jean-Michel Basquiat, production a Broadway musical focusing on the artist is currently underway.  Basquiat the Musical will have its first reading on Monday, June 24th, and stars Eric LaJuan Summers as the young artist. (more…)

Pollock’s Number 19 Sells to Applause at Christie’s, via Charles Shoener for Art Observed

Christie’s contemporary evening sale made history last night in grand style, storming through its 72 lots to realize a world record $495 Million sales total that included new auction records for Jackson Pollock, Roy Lichtenstein, Jean-Michel Basquiat, and 13 other artists, aided auction house’s impressively assembled catalog.  Hailing a “new era in the art market,” according to auctioneer Jussi Pylkkanen, the show achieved an almost unheard of sell-through rate of 94%, with only four works failing to find buyers.  The sale also continues Christie’s growing dominance in the auction market, eclipsing the previous night’s sale at Sotheby’s with little difficulty.

The top selling lot of the night, Jackson Pollock’s Number 19, 1948 (1948), via Christie’s

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Painter Eric Fischl has published a memoir of the 1980’s New York art scene, chronicling the excesses and darker side of the high-profile art world of Andy Warhol, Jean-Michel Basquiat and Mary Boone.  Titled Bad Boy, My Life On and Off the Canvas, the tell-all book includes a story about an infamous 1983 party thrown by Keith Haring and Kenny Scharf, with “lookout towers, armed guards, and a glamorous crowd . . . some naked,” with waiters offering “glasses of Champagne [and] a choice of cocaine or heroin.” (more…)

After breaking auction records for the work of Jean-Michel Basquiat twice last year, Christie’s will look to set the bar even higher for the Brooklyn-born artist’s work.  Basquiat’s Dustheads will be offered at the auction house’s May 15th Contemporary Sale in New York, with an asking price of $25 to $35 million.  The artist’s current record is $26.4 million, and a buyer has reportedly already agreed to pay $25 million.  “Collectors used to be snobbish about Basquiat since he started out painting on the streets,” Says Christie’s specialist Loic Gouzer. “But now his myth just seems to be getting fresher and more relevant with younger collectors.” (more…)

Alexis Adler, a former girlfriend of Jean-Michel Basquiat, has released news of a massive collection of the late artist’s drawings, photographs, and paintings, some scrawled on the walls and appliances of the East Village apartment that the two shared in the late 1970’s.  Given the artist’s current popularity, the collection is of particular note for its thorough documentation of much of Basquiat’s early development as an artist.  Adler is currently planning a book documenting the collection, as well as an auction of the work.  “The thing that’s most interesting is the material she has to support the actual artwork,” said former Gracie Mansion director Sur Rodney Sur. “A lot of the signage he used in his work over and over again, this was when he was developing it. The idea that it’s all together in one place makes it even more important.” (more…)

The Gagosian Gallery’s current retrospective of artist Jean-Michel Basquiat is drawing impressive crowds to the gallery’s Chelsea location on 24th St.  Weekend attendance has frequently topped 3,000 visitors a day, and weekday attendance has seen somewhere from 1,000 to 2,000 visitors daily.  Attendance numbers are only expected to grow, with the upcoming Armory Show bringing much of the art world to New York City. (more…)

26 Years after his death, the art market for American painter Jean-Michel Basquiat is at an all-time high, with the artist’s works totaling over $161 million in sales last year.  According to online art database ArtNet’s index generation system, his remarkable growth puts him in the top 10 artists by volume sold in 2012, and gives his work a sell through rate of 85%. (more…)

The auction room at Christie’s, via Christie’s

With the conclusion of Contemporary Art Auction Week yesterday in London, dealers, collectors and artists headed home, having seen well over $200 million exchanged during what many are calling a particularly successful season.  This year, Asian, Russian, and other international collectors continued to make their presence known, including a number of first- time bidders who swooped in one some of the more highly valued works available.  (more…)

Painter Jean-Michel Basquiat’s tribute to his favorite writer, William Burroughs, titled Five Fish Series will be on the auction block at Sotheby’s February 12th Contemporary Arts sale. The work is estimated to sell from £4.25 million to £6.25 million.  “Basquiat is the blue chip artist of the moment,” said Sotheby’s contemporary specialist Alex Branczik. “He is recognised today in perhaps the same way he recognized Burroughs in the 1980s as someone who was streets ahead of his time – Basquiat is the artist who everybody wants at the moment so we have high hopes of it doing well at auction.” (more…)