Jeff Koons, Ushering in Banality, 1988. Polychromed wood. All photos by Christian Saltas, unless otherwise noted.

The Foundation of Arts for a Contemporary Europe (FACE) is a collaboration between five non-profit art foundations: the Deste Foundation in Athens, Greece; the Ellipse Foundation in Cascais, Portugal; the Fondazione Sandretto Re Rebaudengo in Turin, Italy; La Maison Rouge in Paris, France; and Magasin 3 Konsthall in Stockholm, Sweden. Established in 2008, the FACE alliance is dedicated to the promotion of emerging international artists by supporting the production and exhibition of new works. Their first initiative takes the form of a traveling exhibition entitled “Investigations of a Dog.”

Bruce Nauman, Untitled (Suspended Chair, Vertical III), 1987.

The exhibition draws its title from a 1922 short story by Franz Kafka, and the selection of works take up the existentialist themes present in Kafka’s work: disillusionment, humanity, and marginalization. Among participating artists are: Maurizio Cattelan, Roberto Cuoghi, Mark Dion, Gardar Eide Einarsson, Urs Fischer, Fischli & Weiss, Claire Fontaine, David Hammons, Thomas Hirschhorn, William Kentridge, Kimsooja, Jeff Koons, Sherrie Levine, Mark Manders, Paul McCarthy, Bruce Nauman, Martin Parr, Aurel Schmidt, Santiago Sierra, Lorna Simpson, and Kara Walker.

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Gerhard Richter, Abstraktes Bild, 1990 (est. £5-7 million), via Sothebys.com

The February auctions continue this week in London with Contemporary Art sales at Sotheby’s, Christie’s, and Phillips de Pury. The day after Valentine’s Day buyers can cozy up to sixty lots at the Sotheby’s Contemporary art evening sale that are estimated to bring upwards of £30 million. The following night Christie’s will offer sixty-four lots that are expected to fetch £36-52 million. Phillips de Pury closes the week’s auctions with a twenty-nine lot sale that carries an estimate of £5.8-8.5 million. Christie’s is the only house to have officially released their 2010 global sales figures, and the numbers are impressive. The company sold £3.3 billion (or $5 billion) worth of art last year, more than any previous year in their 245-year history. Cheyenne Westphal, Sotheby’s Chairman of Contemporary Art London, revealed that the firm sold $845 million worth of Contemporary art in 2010 and that this is the third-highest total at the company in the field. At November’s Contemporary art auctions Phillips de Pury debuted a sparkling new gallery space on Park Avenue in New York and had the biggest sale of the week when Andy Warhol’s Men in Her Life sold for $63.4 million. It was a good year for Contemporary art, and the results of this week’s sales are expected to indicate whether the market will continue to recover in 2011 as it did in 2010.

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Andy Warhol, Nine Multicoloured Marilyns (Reversal Series), 1979-1986 (est. £2-3 million), via Sothebys.com

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Anselm Kiefer, Winter Ade Scheiden Tut Weh Aberdein Scheiden Macht, Dass Mein Herz Lacht (Goodbye, Winter, Parting Hurts But Your Departure Makes My Heart Cheer), 2010
Listed at $100,000

Last night at the Lehmann Maupin Gallery on Chrystie street in the Lower East Side of New York, West-Village-based Foundation for Contemporary Arts held a benefit auction selling nearly 200 paintings and sculptures.  All proceeds went to programs of the FCA, “hoping to assist and encourage innovation, experimentation and potential in the arts,” this year providing 14 grants to artists, of $25k each.

A view from the balcony

The benefit was extremely well attended, with some of the artists joining as well. The large number of works represented a variety of globally well-known artists, including Damien Hirst, Andy Warhol, Jasper Johns, Ed Ruscha, Brice Marden, Francesco Clemente, Bruce High Quality Foundation, Jake and Dinos Chapman, Julie Mehretu, James Rosenquist, Roy Lichtenstein, David Salle, Frank Stella, Elizabeth Neel, Julian Opie, Cecily Brown, Vija Celmins, Robert Gober, Nate Lowman, Dan Colen, Dana Schutz, Kara Walker, and T.J. Wilcox, to name a few.

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All installation photos courtesy of Galerie Jérôme de Noirmont.

On view in Paris at the Galerie Jérôme de Noirmont through Saturday, November 20 is Jeff Koons‘ “Popeye Sculpture.” The exhibition marks the artist’s third solo show in France, held at the same venue as his first in the country in 1997. Combining images and motifs from the popular cartoon strip with brightly-colored inflatable animals and assorted pool toys, Koons constructs an elaborate network of references, ranging from icons of mainstream culture to art historical iconography.

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Roy Lichtenstein, Ohhh…Alright…, 1964 (est. not published, realized $42.6 million), via Christies.com

This week’s Contemporary Art sales in New York ended with a bang at Christie’s Contemporary Evening Sale on Wednesday night. Seventy-five lots offered brought in $272 million with a sell through rate of 93% by lot and 92% by value. As was the case earlier this week at the Phillips and Sotheby’s sales, Pop Art sold exceptionally well. Roy Lichtenstein‘s Ohhh…Alright… was the evening’s top lot and set the record for the artist when it sold to an anonymous bidder for $42.6 million – smashing the previous record of $16.3 million set at Christie’s in 2005.

AO Onsite photo by J. Mizrachi

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Felix Gonzales-Torres, Untitled (Portrait of Marcel Brient), 1992 (est. $4-6 million, realized $4.5 million), via Phillipsdepury.com

Phillips de Pury conducted its first auctions at 450 Park Avenue on Monday night to a packed house, kicking off a week of Contemporary Art sales in New York. The Carte Blanche auction, curated by Philippe Ségalot, was immediately followed by the Contemporary Art Evening Sale. The Carte Blanche auction carried a presale estimate of $77.5-104.8 million and realized $117 million, while the Contemporary Evening Sale brought in $20 million against a high presale estimate of $34.4 million.

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Andy Warhol, Men in Her Life, 1962 (est. $40 million), via Phillipsdepury.com

The second week of major New York auctions begins with two evening sales at Phillips de Pury on Monday, November 8th, followed by the Sotheby’s sale on Tuesday and the Christie’s sale on Wednesday. Phillips will hold two back to back sales on Monday evening that will inaugurate the house’s new headquarters at 450 Park Avenue in New York City. The evening sale is preceded by the first of a new series of auctions titled Carte Blanche, wherein a guest artist, collector, or curator organizes the auction. This week’s Carte Blanche auction is the bigger of the two sales and is curated by Philippe Ségalot. It is comprised of 33 works expected to fetch at least $80 million. The Sotheby’s sale is composed of 55 lots expected to bring upwards of $132 million, while the 76 lots at Christie’s are expected to fetch upwards of $240 million.

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Jeff Koons, Violet Ice (Kama Sutra), 1991. Photo by Patrick Meagher.

The most recent museum-grade show at Luxembourg & Dayan gathers 9 pieces of Jeff Koons‘ seminal sex-infused series “Made in Heaven” in a multi-story love and sexuality tour-de-force of human(istic) nature. Eight life-sized silkscreen and early-inkjet paintings, based on photographs, and a cast-glass sculptural tableau were conceived and produced in a life-meets-art process spanning approximately ten years from the mid-eighties to the mid-nineties.

It is worth mentioning that it has now been nearly twenty years since these hardcore and soft-core-looking works were first presented by the late, great Ileana Sonnabend, and yet they still manage to really irritate, shock or bother some people for one reason or another. The re-presentation of this formerly scandalous, yet newly exciting and loaded work comes at an interesting time, with regard to the unabashed state of popular reality-media today, as well as the neo-sex-drugs-and-rock n’ rollish art of late in lower Manhattan.

La Ciccolina, Taschen Poster Book, 1992.

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Image still from Christies.com video In the Salesroom: Andy Warhol’s Silver Liz, via Christies.com

The results of Christie‘s Post-War and Contemporary Art auction in London last night are a relief after this week’s lackluster Sotheby‘s auction and the let-down at Phillips de Pury & Co. on Thursday. The sale earned £45,640,200 against the pre-sale estimate of £40.9-58.1 million for 63 lots, selling 84% by lot and 85% by value (totals realized include buyer’s premium, estimates do not). The combination of higher-quality works, lower starting prices, and a greater variety of material presented is thought to have contributed to the success of the sale, even amidst a drop in the stock market.

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Yves Klein, Re 49, 1961 via Sothebys.com

Expectations are high for this week’s Contemporary Art auctions at Sotheby’s and Christie’s in London.  The auctions, which will take place between June 28^th and July 1st, will feature sought after works by several important artists, including Yves Klein, Gerhard Richter, Andy Warhol, Jeff Koons, Richard Prince, Lucio Fontana, and Jean-Michel Basquiat.  The strength of the works being sold is the result of buoyed seller confidence following a recent series of record-breaking auction results, such as the sale of a Picasso for $106.5 million in May at Christie’s in New York and 43.2 million euros for a Modigliani sculpture this month at Christie’s in Paris.  Sotheby’s evening auction carries a low estimate of £38.3 million for 53 works, while the Christie’s Post War and Contemporary evening sale carries a low estimate of £40.9 million for 63 lots.  Last summer’s Contemporary Art sale at Sotheby’s, which was expected to bring between £19.8-27.4 million, brought in £25.5 million for 40 lots. The comparable Christie’s auction last year brought just over £19 million for 40 lots with a low estimate of £17.4 million.

At Sotheby’s, all eyes will be on an Yves Klein sponge painting from 1961 titled Re 49 and dedicated to the artist Charles Wilp.  This large-scale work comes from the collection of the Munich-based HypoVereinsbank and is estimated to bring £4.5-6.5 million.

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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.

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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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L: Barbara Kruger, Untitled (He entered shop after shop…), 2008 R: Eric Fischl, Rebirth I: (The Last View of Camiliano Cien Fuegos), 1986. All images courtesy of Haunch of Venison, New York.

On view at Haunch of Venison New York, until May 1, 2010, is “Your History Is Not Our History.” Organized by artists David Salle and Richard Phillips, this group show presents works produced in 1980s New York City.

Including works by Donald Baechler, Jean-Michel Basquiat, Ross Bleckner, Francesco Clemente, Carroll Dunham, Eric Fischl, Robert Gober, Jeff Koons, Barbara Kruger,Louise Lawler, Sherrie Levine, Malcolm Morley, Richard Prince, David Salle, Julian Schnabel, Cindy Sherman, Laurie Simmons, Jenny Holzer, Phillip Taaffe, Terry Winters and Christopher Wool, this exhibition seeks to convey “a more accurate portrayal of the energy and experimentation that was permeating the city during that time,” says Phillips.

L: Christopher Wool, Untitled, 1988   C: Jeff Koons, Buster Keaton, 1988 R: Eric Fischl, The Old Man’s Boat & The Old Man’s Dog, 1981.

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Installation View  All photographs are via Gagosian Gallery unless otherwise noted

Currently on view at Gagosian Gallery, 6-24 Britannia street, London is the exhibition titled “Crash, Homage to J.G. Ballard” , a group show dedicated, as the name suggests, to the oeuvre of J.D. Ballard, a prominent British novelist and short-story writer, a representative of the New Wave movement in science fiction.  The exhibition was put together to pay tribute to the enormous cultural influence of J.D. Ballard’s fiction on many visual artists. The impressive selection of works by  such prominent artists as Ed Ruscha, Richard Hamilton, AndyWarhol and Helmut Newton illustrates profound engagement of the writer with the works of visual artists of his generation and their mutual influence.

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A photo taken with a mobile phone, although picture-taking was prohibited during the exhibition via NY Times

When Tino Sehgal‘s work took over the Guggenheim Museum in New York on January 29th it was a quiet experience. There were no opening parties, no fuss and none of that Art World glitter to make one jump from exuberant excitement.  The walls of Frank Lloyd Wright’s majestic rotunda were stripped bare and seem to have newly acquired a long lost naïveté.  The lobby still brimmed with crowds of people clustered around the impenetrable center. The Kiss unfolded, rolled and scattered itself in a graceful poise of a feline. The subtly choreographed sequence of animated poses referenced erotic works from Rodin, to Courbet, to Jeff Koons. Occasionally, a couple or a small group of visitors would creep closer for a brief encounter or settle in contemplative thought on the floor of the proposed stage.

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New MOCA Director, Jeffrey Deitch. Via LATimes

More on  MOCA’s new director, Jeffrey Deitch, who brings his more business-oriented background to the Museum in LA: [Bloomberg] Deitch’s contract with the museum has certain safeguards against conflicts of interest that might arise from his foot in the business world– among the new rules, Deitch must notify the museum’s board of anything he adds to or sells from his collection. [LATimes]

Eli Broad and his Broad Art Foundation reveal that they are considering 3 different Westside locations on which to build and endow a museum for his art collection. The third site was recently revealed as being a ten-acre parcel on the campus of West LA College in Culver City.  [LA Times]

Works by Picasso and Henri Rousseau have been stolen from a private villa in the South of France, marking the country’s second major art robbery in that week– (work by impressionist painter Edgar Degas was stolen from the Cantini Museum in Marseilles only days before). [FT]

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The Hirshhorn Museum with proposed “bubble” in Washington, D.C. via Washington City Paper

A high-tech, futuristic design for a meeting hall in the Hirshhorn Museum at the National Mall in Washington, D.C., is making headlines this week across the art community. The proposed “bubble” would constitute dimensions of 145 feet and swell out like a balloon from the primary structure, inflating during the months of May and October and collapsing for the duration of the year. Advocating for the design, Hirshhorn Museum Director Richard Koshalek insists that it will not detract from the museum’s most valuable possession: its art [Washington Post].

Fernando Botero via Art Daily

Fernando Botero criticizes the art awarded by the $50K prize bearing his name, and the administrators of the prize decide to cancel it as a result [ArtDaily]

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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]

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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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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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Terence Koh captured mid-lecture during his performance “Art History: 1642-2009″ at the National Arts Club, New York via Zimbio

Last night ArtObserved was on site at New York City’s National Arts Club to witness a performance,”Art History: 1642 – 2009,” from Terence Koh.  The performance was curated by Stacey Engman, the National Arts Club‘s Contemporary Art Chair and Chief Curator and was in conjunction with Performa 09. Indeed, the theme of the night – a tour through the great canon of Art History – was set from the beginning of the night as guests, who included Aurel Schmidt, Vito Schnabel, Klaus Biesenbach, Marina Abramovic and Mary Boone, mingled in a salon-style reception in the beautiful front parlours of the club house. The performance was to take the form of an Art History lecture, accompanied by images of artworks – this was about all guests knew before the show started and so guessing and anticipating became the game of choice for all in attendance.

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The New Museum

In September, the New Museum announced a series of exhibition entitled “The Imaginary Museum,” the first of which will be curated by Jeff Koons from the collection of Dakis Joannou, who in addition to heavy collecting the work of Koons, is a trustee of the museum. The museum’s decision to show works from the collection of one of its trustees raised some ethical red flags by several bloggers, and last week gained momentum with a front page article on the NY Times followed by considerable coverage elsewhere, including an editorial in The Art Newspaper by Modern Art Notes’ Tyler Green, who had previously blogged about the situation, and responses by Jerry Saltz in New York Magazine. The cover of the November issue of the Brooklyn Rail featured a satirical cartoon by artist William Powhida with the title, “How the New Museum Committed Suicide with Banality,” taken by a post by James Wagner, skewering the incestuousness and insiderness of the New Museum, and Artinfo called the controversy the “New Museum scandal.”  The New Museum responded in defense, and a number of other museum directors also defended the museum’s decision.

Dakis Joannou and Jeff Koons at the New Museum’s 30th Anniversary Gala in 2007 via The Art Newspaper (more…)

Girl Woods (2008) by Jeff Koons, via Gagosian Gallery

Currently on view at the Gagosian Gallery in Beverly Hills is “New Paintings” by Jeff Koons.  This new body of work suggests a departure from the artist’s usual rendering of familiar yet banal objects within glossy surface textures. These works appear to be more literal, abstract and gestural yet also follow the tradition of figurative painting.  They also engage in a dialogue that is cultural and intellectual by referencing major figures in modern art such as Gustave Coubet and Salvador Dali.

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Polaroid Wall, Dash Snow (2005) all images via Phillips de Pury

This week we have been reporting on the Post-War and Contemporary evening sales in New York and last night Art Observed was on site at the final auction of the week – a smaller, more boutique event at Phillips de Pury in the meatpacking district of the city overlooking the celebrated Highline railway and Hudson River that was overseen by Simon de Pury himself.  Unlike the multi-million totals achieved at Sotheby’s and Christie’s Contemporary evening sales, Phillip’s modest sale brought in a grand total of $7,099,250, within the pre-sale estimate of $5.8 – $8.4million.

Ice Bucket, Jeff Koons (1986) sold under estimate $230,500

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Large Vase of Flowers, Jeff Koons. Sold by Benedict Tashcen to Dominique Levy for $5,682,500. All images via Christie’s

Last night Christie’s, New York brought-in a total of $74,151,500 from the sale of 39 lots at their Post War & Contemporary sale. While this figure falls within the pre-sale estimate of $64 – 88 million, and an impressive 21 lots sold for over the $1million mark, the sum is still a strong step down in comparison to that acquired from last year’s Fall Contemporary Auction at Christie’s which brought in $113.6million for a 43 lot sale.  In the end, major marquee works went unsold.  After a remarkable Impressionist and Modern auction at Sotheby’s last week, rumors were flying that the Art Market was flourishing once again – however, it now appears that the art world may have spoken too soon.

Reflection (What does your soul look like),Peter Doig

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