New York firm Architecture Research Office has been tapped for a renovation of the Rothko Chapel in Houston, including a new reflecting pool outside the building, and a skylight in the space.  “For more than forty years, the Chapel has been a deeply moving experience of personal contemplation that furthers the Chapel’s mission of social action,” Stephen Cassell, partner at Architecture Research Office, said. “We feel enormous responsibility toward its future.” (more…)

The Portland Art Museum has announced a major expansion in conjunction and new partnership with the Rothko family, which will see a large number of works from the family’s private holdings loaned to the museum on rotation for the next two decades.  “The partnership with the Rothko family is a homecoming of sorts, enabling us to share with the public major works from the family’s private collection, offer new insight into Rothko’s practice, and honor his legacy in the Pacific Northwest and the international arts community,” says Brian Ferriso, The Marilyn H. and Dr. Robert B. Pamplin Jr. Director and Chief Curator. “Our plans for the Rothko Pavilion bring together the elements of the Portland Art Museum’s mission: to present exceptional works of art, develop exhibitions that take new perspectives on human creativity, and increase public accessibility and inclusion.” (more…)

A Mark Rothko will hit the auction block at Christie’s this May in New York, with an estimated sales price set at upwards of $40 million.  The work is from one of the artist’s first exhibitions in Europe at Whitechapel Gallery.  “It was a seminal exhibition positioning Rothko as a leading figure of the Abstract Expressionist movement,” said Brett Gorvy, international head of Christie’s contemporary art. “The effect of these exhibitions in Europe was very important to his career.” (more…)

Coverage of the lawsuit between the De Sole Family and Ann Freedman continues in Art News this week, with Mark Rothko’s son taking the chair Monday, and noting that he does not authenticate any of his father’s work.  “I believe I described it as ‘beautiful,’” Rothko said of the work. “I believe it was descriptive, but I didn’t want to go further than that.”   (more…)

The National Gallery in Washington, DC has announced a renovation to its East Building that will add 12,260 square feet of exhibition space, as well as a rooftop sculpture garden.  The new spaces will host a selection of modern art from the Gallery’s collection, including a room potentially dedicated to Mark Rothko.  “This gift to the nation by these generous donors will enable us to exhibit more art from our ever-growing modern collection in spaces that will be at once spacious, airy and contemplative.”  said director Earl A. Powell. (more…)

New York’s now-closed Knoedler Gallery is being sued by a family trust for allegedly selling them a forged painting by Mark Rothko for $5.5 million.  The gallery has faced similar lawsuits in the past, and is accused of withholding information that may have discouraged the sale, including telling the buyers that the work came from the secret collection of a “Mr. X.”  “At all relevant times, defendants knew that the Mr. X story was untrue,” lawyers for the trust stated. “Indeed, defendants privately equated Mr. X to the fictional ‘goose that laid the golden egg.’”  (more…)

Despite contracting markets in Asia and the Middle East, Christie’s International has announced a 10% increase in sales for 2012.  This growth over the previous year was led by the increased interest in post-war art and living artists, as illustrated by Mark Rothko’s “Orange, Red, Yellow” selling for $86.9 million last year.   According to Steven Murphy, Christie’s chief executive: “Existing clients are spending more, and many of our new bidders have previously bought from dealers and art fairs. They like the transparency of auctions.” (more…)

Sotheby’s saleroom with Rothko, No 1 (Royal Red and Blue) photo by ArtObserved

Last night Sotheby’s held its highest grossing auction ever. The Contemporary Art Evening Sale totaled over $375 million, just over the projected high estimate of $374 million. Auctioneer Tobias Meyer rejoiced stating “I can hardly express how thrilled we are.” According to Sotheby’s, it has experienced a record-breaking year in 2012, with Contemporary Art sales totaling over $1 billion.

Rothko, No 1 (Royal Red and Blue) Courtesy Sotheby’s
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A catalogue of mishaps in art handling has been released, with victims ranging from Poussin to Roy Lichtenstein damaged. One example is Roy Lichtenstein’s early famous painting Whaam!, which was defaced by a visitor disposing their chewing gum on the painting’s surface. Tate Britain, which suffered the vandalism against a £50 million Rothko, is now planning an exhibition called Art Under Attack. (more…)

Image: Installation view of Rothko/Sugimoto: Dark Paintings and Seascapes.
All images courtesy The Pace Gallery unless otherwise noted

The Pace Gallery opens its new London flagship gallery on Thursday, October 4th at No. 6 Burlington Gardens in the Royal Academy building. On view will be an exhibition of the work of Mark Rothko and Hiroshi Sugimoto entitled Rothko/Sugimoto: Dark Paintings and Seascapes. It will be the first private gallery exhibition of Rothko’s work in London in nearly fifty years.

Image: Installation view of Rothko/Sugimoto: Dark Paintings and Seascapes

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Jackson Pollock, “Ocean Greyness” (1953), Solomon R. Guggenheim Museum

This summer, the Solomon R. Guggenheim Museum celebrates a groundbreaking period in its history with “Art of Another Kind,” an installation featuring works collected primarily from 1949-1960. This era began with Solomon R. Guggenheim’s passing. The movement caught fire under new director James Johnson Sweeney’s affinity for the explorative and abstract work of artists he referred to as “tastebreakers,” and ended soon after the museum’s 1959 relocation to Frank Lloyd Wright‘s iconic white structure docked in the Upper East Side.

Judit Reigl, “Outburst” (1956), Solomon R. Guggenheim Museum

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Insurance company Lloyd’s of London is in court to recoup $660,000 paid out relating to a 2009 incident where a Manhattan art shipping company delivered Mark Rothko’s “Untitled 1948” to Christopher Rothko’s townhouse and allegedly dropped it, tearing a hole in the work.

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Tuesday morning of the VIP Preview; All photos on site for Art Observed by Caroline Claisse

Art Basel’s 43^rd edition commenced today with the first of two VIP Preview days.  The VIP Vernissage, however, drew a private audience yesterday evening, where the Art Unlimited and Art Standard programs were unveiled, revealing a collection of artwork impressive in both size and scope.  Today was also the preview and opening receptions for Basel’s companion fairs, like LISTE 17 and Design Miami/Basel.  Fair and section specific photosets for collective Basel happenings will be posted throughout the upcoming days.

Art Basel directors Annette Schönholzer and Marc Spiegler at the press conference

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Art Basel via The Telegraph

In it’s 43rd conception, Art Basel is continuing its legacy as the leader among the contemporary art world’s fairs.  Last year, 65,000 people flocked to the cultural capital, situated at the border of Switzerland, France, and Germany.  For this year, Basel will no doubt draw a similar, if not greater audience throughout its four-day duration.  Art Observed will be on site to cover and photograph throughout this fair.

Founded in 1970, Art Basel quickly surpassed Germany’s Art Cologne and similar fairs in scale and remains today as the world’s largest.  Almost 300 galleries from around the globe participate, spanning five continents.  This international representation results in a large and diverse assortment of exhibitions, video works, performances, and public installations.  This year specifically there will be more than 2,500 artists exhibiting $2 billion worth of art, nearly 300 gallery booths, and many more single stands present.

Perhaps the star feature of this year’s Basel will be Marlborough Fine Art’s Mark Rothko canvas, dated 1954.  The painting, for which there is already buyer interest, is priced from $78 to $84 million.

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Andy Warhol,  Double Elvis [Feris Type] (1963)

On the heels of a tireless and groundbreaking week in the New York art world, the fervor continues with the major auction houses hosting their Contemporary Art Sales—beginning tonight at Christie’s. Last week’s Impressionist and Modern Art Sales saw unforeseen prices and several world records set, namely the near $120 million paid for Edvard Munch‘s The Scream. In tandem with both the Frieze Art Fair and NADA Art Fairs’ inaugural New York editions—both held this past weekend—the Contemporary Sales possess an auspicious platform this season. The strength of last week’s sales proves the collectors’ attention to the trophy market, with many big ticket and highly recognizable works on the block this week.

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‪‬Long Island dealer Glafira Rosales and companion Jose Carlos Bergantiños Diaz involved in FBI investigations regarding authenticity of several paintings by artists including Mark Rothko, Jackson Pollock, Willem de Kooning, and Jean-Michel Basquiat [AO Newslink]

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‪‬Mark Rothko’s Orange, Red, Yellow (1961) could sell for $45 million at Sotheby’s in May, perhaps the most important Rothko brought to auction since 2007. Additional lots in the sale include work by Jackson Pollock and Willem de Kooning. [AO Newslink]

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‪‬Knoedler Gallery in second recent lawsuit regarding artwork authenticity as a South Carolina family filed a $25 million lawsuit on Wednesday after paying $8.3 million for Rothko’s ‘Untitled 1956,’ which they claim to be “a canvas that is unsalable and worthless” [AO Newslink]

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‪‬Miami condo developer Martin Margulies collateralizes $80 million loan for 24-story tower from U.S. Trust with 59 pieces of modern art including works by Jackson Pollock, Mark Rothko, Cy Twombly, and Jasper Johns [AO Newslink]

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Paul Cézanne, Card Players, Qatar, via Vanity Fair

The royal family of Qatar has just publicized its $250-$300 million purchase of Card Players by Paul Cézanne. The work is one in a series of five, but until now was the only one remaining in private collection. Previous owner, Greek shipping mogul George Embiricos, became receptive to the sale just prior to his death in 2011. Vanity Fair reports that William Acquavella and Larry Gagosian were outbid for Card Players, at comparable amounts rumored up to $220 million.  Even the low estimate of $250 million, factoring in exchange rate and tax fees, marks the highest sum in history ever paid for a single work of art in either auction or private sale by double.

Paul Cézanne, Card Players, Metropolitan Museum of Art, via New York Times

As the title indicates, the series depicts two low-brow card players in Aix-en-Provence. The peasants idealize an old world culture, nostalgic even to the middle-aged artist when he painted from his family’s country estate in the 1890s. At the time, Cézanne was working alone, and his isolation reflects in the sparing surfaces and minimal compositions of the varying card scenes. Only the subtlest of changes differentiate one painting from the next: most notably, the cards themselves change as the games progress, while the faces and suggestively sluggish interactions do not.

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Iwan Wirth at Hauser and Wirth

Art Observed is on site this week for Art Basel 42, the world’s largest contemporary art fair.  Art Observed was on site for the VIP vernissage of the main fair.  Officially the fair opens Wednesday, with a duration of 5 days from June 15th to the 19th.  Roughly $1.75 billion of artwork is reportedly for sale by 300 galleries from 35 countries at the fair this year.  Initial energy from the fair can be gauged to be very brisk with many gallerists reporting healthy buying activity.  Already mega-collectors such as Eli Broad and Dasha Zhukova, girlfriend and partner of Billionaire collector Roman Abramovich were spotted at the fair as was actor Will Ferrell.   Bloomberg reported that a 1969 Mark Rothko abstract was sold by L&M Arts for over $5 million.  More coverage of events from Art Observed will follow this week.

more images after the jump…

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Andy Warhol, Self-Portrait, 1963-64 (est. $20-30 million, realized $38.4 million). All images via Christies.com.

Christie’s nearly white-glove sale of of Post-War and Contemporary art on Wednesday night brought in more than twice as the equivalent sale at Sotheby’s on Tuesday evening. Sixty-three of sixty-five lots sold for a whopping $301.7 million, giving the sale a sell through rate of 95% by lot and 99% by value. The total beat the high presale estimate of $299 million despite the fact that a Rauschenberg combine estimated to fetch between $12-18 million was withdrawn from the sale. Wednesday night’s results were the best the auction house has seen for a Contemporary evening auction since May 2008 (that sale realized $331 million). Bidding went on for about two hours, approximately fifteen minutes of which was spent on a single lot. Two telephone bidders chased Andy Warhol‘s blue self-portrait, one on the phone with Brett Gorvy of Christie’s and the other with Philippe Segalot, formerly of Christie’s. The audience laughed as bidding escalated in $100,000 increments and cheered each time one contender took a bigger leap ahead. In the end Gorvy’s buyer was triumphant and paid $38.4 million for the four-part piece, which was estimated to fetch between $20-30 million. The sale was a record for a Warhol portrait (self or otherwise) at auction.

Mark Rothko, Untitled No. 17, 1961 (est. $18-22 million, realized $33.7 million)

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