–>
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]

to stay apprised of the latest relevant news of the art world read more…..
–>
(more…)

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]

to stay apprised of the latest relevant news of the art world read more…

(more…)

Performa 09 party via Artinfo

-To benefit Performa 09, party designer Jennifer Rubell invites 600 guests to “Creation” held at X Initiative in Chelsea in New York, where 3,600 drinking glasses, a pyramid of unshelled peanuts and 2,000 pound hillock of honey-soaked ribs were among the excess of food being served (Performa 09/ Food for Thought) [The Moment]

-In related, To mark the start of Performa 09 MoMA invited Fischerspooner to stage a show (Performance Art Enters the Museum) [Artinfo]

-In related, At Haunch of Venison in New York Marina Abramovich, Leandro Erlich, Mickalene and Rob Wynn pair with NYC pastry chefs to create performances; cakes were served by topless models (Kreemart or Cream Art Performance at Haunch of Venison) [NY Art Beat]

-Bikes used by Lance Armstrong and with frames designed by contemporary artists fetch $1.3 million at auction in Sotheby’s, among them Damien Hirst’s sold for $500,000 (Armstrong’s Tour de France Bikes Fetch $1.3 Million at Auction) [Bloomberg]

To stay apprised of most of the relevant art news for this past week… (more…)