AO Onsite Auction Results: Christie’s Contemporary Art Evening Sale on Wednesday Nov. 10 Realizes $272.8M; Records Set for Lichtenstein & 8 Other Artists

Thursday, November 11th, 2010


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

More after the jump…

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AO Auction Preview: Phillips de Pury, Sotheby’s, and Christie’s to hold Contemporary Art Auctions in New York beginning tomorrow, Monday, Nov. 8th through Wednesday, Nov. 10th

Sunday, November 7th, 2010


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.

More after the jump…

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AO Onsite Auction Results: A rare self-portrait by Andy Warhol headlines Sotheby’s Contemporary evening sale Wednesday, May 12th, in New York

Thursday, May 13th, 2010


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

More images, text and related links after the jump….
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Go See – Moscow: Mark Rothko – Into the Unknown World, The Garage Center for Contemporary Culture on view until August 14, 2010

Thursday, April 29th, 2010


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No. 30 by Mark Rothko on display at The Garage Center for Contemporary Culture. All images via The Garage Center for Contemporary Culture unless otherwise noted

On April 23, a first major retrospective of the American artist Mark Rothko (born Marcus Rothkowitz in Dvinsk, Russia,September 25, 1903 – February 25, 1970) opened at The Garage Center for Contemporary Culture, Moscow, Russia. Thirteen works of his later period on display at the Garage come from the collection of New York financier Erza Merkin. The exhibition was organized in collaboration with Pace Wildenstein Gallery, NY.

More text and images after the jump… (more…)

Go See – Liverpool: Mark Rothko “The Seagram Murals” at Tate Liverpool through March 21, 2010

Sunday, March 14th, 2010


Mark Rothko, Black on Maroon, Mural, Section 3 (1959), from “The Seagram Murals” via ArtInfo

Mark Rothko’s beautiful work The Seagram Murals returns to Tate Liverpool after more than twenty years since it opened the museum in 1988. The entire ground floor gallery has been altered for the show – the walls being painted grey according to Rothko’s specification and mood lighting installed in order amplify the dramatic qualities of the piece, creating a complete emotive viewing experience.

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Art Observed Newslinks For Wednesday December 16th, 2009

Wednesday, December 16th, 2009


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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]

to stay apprised of the latest relevant news of the art world read more…..
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AO On Site Auction Results – New York: Sotheby’s Post-War and Contemporary Sale Tuesday November 11, 2009 – Only Two Lots Go Unsold in a highly successful Sale Dominated by Warhol

Thursday, November 12th, 2009


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200 One Dollar Bills, Andy Warhol

Last night’s Postwar and Contemporary Sale at Sotheby’s, New York easily outmatched their rival Christie’s sale the night before with a total of $134,438,000 and only 2 lots unsold. While 59% of works sold over their pre-sale estimates, it was Andy Warhol‘s 200 One Dollar Bills, which sold for $43,762,500 over an estimate of $8-12million, that catapulted the total sales revenue way over the initial estimate of $67-97 million.


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Violins, Violence, Silence, Bruce Nauman. Record for a neon by Nauman – $4,002,500

More text, images and related links after the jump…..
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AO Onsite: FIAC Has Begun in Paris and will run through October 25th

Thursday, October 22nd, 2009


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Portrait of Geoff Dyer Talking, Francis Bacon (1966) at FIAC, Paris

If Frieze opened willing to court the unavoidable media speculation about sales or the lack of them: FIAC, and the exhibitors it houses this year, have in the early stages proved characteristically reticent. Not to mention laconic. At least on the surface. This morning there was little sign that much of Paris and beyond would descend on the Grand Palais and the Cour Carrée du Louvre at noon.


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Visitors to FIAC at Grand Palais, Paris

More text and images after the jump….

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Newslinks for Tuesday October 20th, 2009

Tuesday, October 20th, 2009


Ron, Will Cotton via Artnet

-Eric Fischl, Chie Fueki, Hilary Harkness, Will Cotton, Francesco Clemente, Peter Halley and Barbara Kruger  are all a part of the long list of artists who have created, dedicated and portrayed Ron Warren in their works; Mary Boone’s assistant he has always played an understated yet influential role leading to a Mary Boone Gallery exhibition in his honor [The New York Times]

-The 2009 edition of the Power 100 by ArtReview is released with Hans Ulrich Obrist taking the first place and the list showcasing some changes in the influences and forces of the art world; the top ten include dealers and artists as Larry Gagosian, Francois Pinault, Eli Broad and Bruce Nauman [ArtReview]
-In related, Hans-Ulrich Obrist, the director of Serpentine Gallery, just voted to be the art world’s most powerful figure by the Power 100, gives an idea of how busy his week gets [The Independent]

-A $310 million collection of Mark Rothko paintings to be shown next spring in artist’s first Moscow solo exhibition at Dasha Zkukova’s Garage Center for Contemporary Culture [Bloomberg]

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

Newslinks for Wednesday, October 14th, 2009

Wednesday, October 14th, 2009


Jeff Koons’s giant rabbit at the Covent Garden in London via Hypebeast

A giant helium-filled Jeff Koons balloon made its UK debut on October 8th, the inflatable rabbit floated above central London, it will be displayed in Covent garden [The Independent]
Coinciding with the Frieze fair, the 10th Turbine Hall commission launches, Baldessari’s retrospective opening the same day, Hayward Gallery presents Ed Ruscha, Turner Prize coming up and many other shows and openings, turn London into the center of attention [Guardian UK]
Frieze art fair excites not merely the International art scene, but also the social diaries of those who like to mingle with the rich and famous [Guardian UK] the contemporary art event even has installations to turn its visitors into the subjects of the artwork. [The Independent] Only displaying works by contemporary living artists, Frieze has been considered 1-dimensional in the past. Frieze helps London take over the art world in October [The Independent]- but not without competition, as FIAC, the Parisian fair, is to begin next week and may steal the battle as art collectors in today’s economic climate are forced to pick which fairs they will be attending [The Wall Street Journal]


Unrecognized work by Leonardo Da Vinci via Antiques Trade Gazette

A drawing sold at auction for $19,000 in the late 1990s is now attracting attention for its authorship, if by Leonardo Da Vinci, a theory that recent research strongly suggests, the work could be worth as much as $147 million [Bloomberg]
The Wapping Project in London, often compared to Tate Modern, is expanding with the opening of the Wapping Project Bankside- a new gallery reminiscent of a New York loft to feature film, video and photography almost “a stone’s throw” from Tate [The Moment]
The Whitney Museum of American Art’s plans for a second Renzo Piana location have advanced [The New York Times]

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

Go See – Lausanne, Switzerland: Cézanne to Rothko at Fondation l’Hermitage, Featuring Braque, Warhol, Ernst, Twombly, Giacometti, Bacon, Renoir, Monet, and more, through October 25, 2009

Tuesday, August 25th, 2009

The show is comprised of works by 63 artists, with some pieces showing publicly for the first time. The sweeping comprehensiveness of the exhibition allows for a juxtaposition of artists rarely seen. Paintings by Claude Monet accompany those by Cy Twombly and Paul Signac. Cubist Georges Braque brings the cartoons of Jean Dubufett into sharper relief. Included are Paul Cézanne and Abstract Expressionists Mark Rothko and Sam Francis, in an exhibition that shows even the pop art of Andy Warhol and the Surrealist paintings of Salvador Dalí.


Ferdinand Hodler, “le Grammont,” at Fondation l’Hermitage. Image courtesy of the museum.


Yves Klein, “ANT 20,” at Fondation l’Hermitage. Image courtesy of the museum.

Initially founded in 1984 with the Bugnion Family collection, Fondation l’Hermitage now boasts over 600 works, shown in rotation along with its temporary exhibitions. The Fondation is also home to a collection of 12th-19th century Chinese porcelain, donated by the Vergottis Foundation and on permanent display in its underground space.


René Magritte, “La Ruse Symétrique,” at Fondation l’Hermitage. Image courtesy of the museum.


Paul Klee, “Felsenlandschaft,” at Fondation l’Hermitage. Image courtesy of the museum.


Edgar Degas, “Danseuses (Danseuses au repos),” at Fondation l’Hermitage. Image courtesy of the museum.

– R. Fogel

Newslinks for Monday August 17, 2009

Monday, August 17th, 2009


Eli Broad via Los Angeles Times

Billionaire philanthropist Eli Broad for a while unwilling to shed details on his plan of building a new museum, speaks about its possible location in Beverly Hills and progress [Los Angeles Times]
A portrait and history of art-hotels, some of which today offer accommodations with works by artists such as Damien Hirst or Cy Twombly
[Guardian]

Neo Rauch via Incident

Neo Rauch resigns as professor of painting at Leipzig School and is having is first solo show in London as part of “Leipzig week” [Art Review]
“Art in Empty Spaces” a program funded by Arts Council England’s grants, believes art can play a role in economic regeneration, hence helps artists transform vacant spaces into artistic ones [Art Daily]
Highly curated Hong Kong Sotheby’s sales will include works from Contemporary Chinese art, modern Chinese ink paintings and others and are estimated at $100 million [Auction Publicity]


Miuccia Prada and Germano Celant- an Italian curator and the director of her art initiatives via Photobucket

On Miuccia Prada’s significant art patronage, with her Milan Gallery exhibiting works of internationally acclaimed artists and discovering the unknown ones [This is London via Art Market Monitor]
Elizabeth Andrews- a Tate employee has lost her legal battle after having claimed her health has been made poor by the temperature in the gallery [BBC]


Computer rendering of new plan by for Parrish Art Museum via New York Times

In deference to today’s economy, the Parrish Art Museum’s upcoming Southampton home is to be a cheaper architectural alternative [New York Times]
Whitney is the latest major museum affected by recession to lay off staff members [Crain's New York]
An insight into loaning artwork for exhibitions: the bureaucracy, negotiation and trust that go into the process of enabling art travel [Guardian]
Los Angeles Times publishes an open letter from Martin Scorsese addressing LACMA and their decision to stop the weekend film program- a tradition that goes back 40 years [Los Angeles Times]


Pablo Picasso, Les Deux Femmes Nues via Auction Publicity

A detailed review of Christie’s bi-annual sale to be held in September, including works by Ernst, Picasso, Warhol among others [Auction Publicity]
12 artists’ plans from a pool of over 2,000 proposals will have a chance to be realized in London, the competition is currently down to 59
[Art Daily]
Works by Kandinsky- inspired Rafael Lozano-Hemmer
and The Blue Rider in Performance are commissioned by Guggenheim to show during the Vasily Kandinsky exhibit [Guggenheim]


A phone camera photo of Ai Weiwei posted on Twitter of police in his hotel’s hallways via Trunc

Ai Weiwei among those experiencing problems with the Chinese authorities for attempting to testify on a trial against a civil rights advocate [The New York Times]
The Independent attributes the recent higher sales of works by Old Masters versus contemporary artists in Christie’s and Sotheby’s to the recession [Independent]


Michael Jackson by Andy Warhol via BBC

Andy Warhol Painting of Michael Jackson commissioned by Times magazine dates back to 1984 and is being auctioned at a starting bid of $800,000 in Vered Gallery in LA [Los Angeles Times]
Mysterious art dealer receives $26.5 million for enabling the transaction of Rothko sale for a self-proclaimed victim of Bernard Madoff’s scheme [Bloomberg]
Yet another Gagosian Gallery will open, this time in Greece, 3 Merlin Street in Athens will now house the gallery with its inaugural show titled “Leaving Paphos Ringed With Waves” [Lindsay Pollock via Culture Monster]


Food Fight staged by Duke Riley on the reflecting pool in Queens on Thursday via The New York Times

“Those About to Die Salute You” an unscripted art event organized by Duke Riley took place in Queens on Thursday night [The New York Times] more here [New York Magazine]
Antony Gormley’s fourth plinth art project had a nude man as a participant, but he was asked to cover up in order to avoid arrest
[Guardian]
Géricault’s “The Raft of the Medusa” examined in its sculptural, architectural and historical influences by Spiegelman
[The Wall Street Journal]
25 Year old Kate Levant’s art is shown at Zach Feuer Gallery in New York, after Yale dean refuses to showcase her idea of Red cross conducting a Blood Drive inside the gallery space [New York Magazine]

Bernie Madoff associate Ezra Merkin forced by New York State to sell $300M art collection

Thursday, July 2nd, 2009


Ezra Merkin, via Guardian UK.

After weeks of negotiation with the Attorney General’s office, J. Ezra Merkin has agreed to sell an art collection appraised by Christie’s at $310 million.  After taxes and other fees — the New York Times reports that Merkin was paying $60,000 a month on insurance, and owed $42 million to previous owners as well as $19.3 million on a loan used to purchase the artwork — profits from the sale amount to $191 million, to be frozen in escrow pending the outcome of the Attorney General’s suit against the suspected Bernie Madoff feeder.

Related links:
Statement from Attorney General Andrew Cuomo on the Sale of J. Ezra Merkin’s Collection

Merkin Reaches Accord with Cuomo on Art Sale [New York Times]
Madoff, Merkin, and the Murals
[Wall Street Journal: The Wealth Report]
Merkin Selling Art Frozen in Lawsuit for $310 Million
[Bloomberg]
Andrew Cuomo Unveils Deal to Sell Art Collection of Ezra Merkin, Bernie Madoff’s Associate [New York Post]

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Newslinks for Monday, April 13, 2009

Monday, April 13th, 2009

Kate Moss by Damien Hirst on the cover of Tar Art Magazine, Via New York Times

Kate Moss by Damien Hirst is the new cover of Tar Magazine (anagram for “art”) [NY Times]
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Art funds launched in 2008, such as the London-based Art Trading Fund, are shelved due to failure to raise required funds
[ArtNewspaper]
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Art:21, Art in Twenty-First Century is now available for free on Hulu [Hulu]

"G8" by Andrei Molodkin via Financial Times

Russian Artist Andrea Molodkin, previously cited by AO here, prepares for Venice Biennale [Financial Times]
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Jeff Koons is speaking at Strand Books tonight at 7:00-8:30 in New York
[Via FAD]
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New York Old Masters dealer Lawrence Salander is indicted and pleads guilty in $88 million charge [Bloomberg]

A look inside Rome’s MAXXI designed by Zaha Hadid via c-monster

A preview of the MAXXI in Rome, $108 million art museum designed by Zaha Hadid [c-monster]
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Adam Lindemann, financier, collector and author of Collecting Contemporary launches a new book from Taschen: Collecting Design [ArtInfo]


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Flash Art’s current cover featuring a portrait of Barack Obama by Marlene Dumas via Art Fag City

Marlene Dumas’s portrait of Barack Obama is the cover of Flash Art [Art Fag City]
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Madonna’s art collection is estimated at £80 million pounds
[TimesUK]

A selection from the site via The World’s Best Ever

A timeline of modern & contemporary art artists by movement, school, style, period, theme & art prize [The-artists.org via The World's Best Ever]
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Richard Serra to receive honorary degree from Pratt Institute at its 120th Commencement on May 18th
[MediaBistro]

Interview with photographer Nan Goldin on why she is auctioning some of the curiosities she has collected [TelegraphUK]
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SFMOMA announces plans for a future expansion, doubling gallery space
[SF Chronicle]


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A preview of SANAA’s design for the 2009 Serpentine Pavillion via Architect’s Journal

SANAA, the Japanese architectual duo behind the New Museum, release first glimpse of design for the 2009 Serpentine Pavilion [Architect's Journal]
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Jim Dine donates 40 drawings influenced by Greek and Roman sculpture to the Morgan Library
[Artinfo]

Julian Schnabel’s Picasso Femme au Chapeau will soon be sold by Christie’s [New York Times]
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The Mugrabis, a hi
gh impact, market-making collector family, may be addicted to the game of art [The Observer]

ASSEMBLYMAN LENTOL WARNS HIS COMMUNITY ABOUT ASIAN LONGHORNED BEETLE

US Fed News Service, Including US State News November 8, 2006 Assemblyman Joseph R. Lentol, D-Brooklyn (50th District), issued the following press release:

Assemblyman Joseph R. Lentol (D-North Brooklyn) alerted his community that the Asian Longhorned Beetle, a non-indigenous insect that preys on healthy trees, has returned to Brooklyn. Once a tree is infested it must be removed and destroyed to prevent the beetle from spreading to other trees.

“The Asian Longhorned Beetle is a threat to our community,” said Lentol. “We thought we eradicated it from the district seven years ago. Now we have evidence that it has returned.” A massive infestation in Greenpoint was literally rooted out in 1999 when over 1,000 trees had to be destroyed because of the Asian Longhorned Beetle. Last spring, the New York State Asian Longhorned Beetle Cooperative Eradication Program found 18 trees in Williamsburg infested with the bug. The majority were on Lynch St. Thirteen of the 18 trees were on Lynch St, the rest on nearby Lee Avenue and Heyward St. website asian longhorned beetle

“Just because we’re talking about a little bug doesn’t mean this isn’t a big concern for our district,” warned Lentol. “We’re lucky that this appears to be a small infestation, but the key to keeping the Asian Longhorned Beetle from destroying our trees is through awareness.” The Asian Longhorned Beetle is known to nest in all varieties of maple, as well as birch, horse chestnut, elm, willow, poplar, ash, hackberry, sycamore, London Plane and mimosa. Lentol encourages homeowners to look for exit holes on their trees, they will be about the size of a dime, and to grant environmental inspectors access to their property for the purpose of finding infested trees. go to website asian longhorned beetle

Lentol also encourages residents who spot the beetle to call 311 and ask for the Asian Longhorned Beetle Hotline. The United States Forest Service offers replanting of new trees to those who lose trees to the beetle. The insecticide imidacloprid is the only effective preventative measure against the beetle, though experts warn that it cannot help a tree once it is infested. ALB Eradication Program contractors use it during the spring to treat at-risk trees. Residents will be notified by the ALB Eradication Program when tree treatments take place in this area, and Assemblyman Lentol urges residents to work with program officials and provide them access to yard trees for these critical applications and for survey.

Go See: Mark Rothko and JMW Turner at the BP British Art Displays at the Tate Britain through July 26th 2009

Thursday, April 2nd, 2009

Storm Clouds: Sunset with a Pink Sky (1833) by JMW Turner, via Tate Britain

Currently exhibited at the Tate Britain are works by Mark Rothko (1903-1970) and JMW Turner (1775-1851), two of the world’s most influential painters displayed side by side for the first time.  The paintings are part of BP British Art Displays which exhibit a unique array of works from the Tate Collection. Visitors have the opportunity to go between the mediative ambiance of six works of Rothko’s Seagram Murals to the display of Turner works from the 1966 MOMA exhibition which includes experimental watercolors such as A Pink Sky above Sea (c.1822) and Storm Clouds: Sunset with a Pink Sky (1833). Such dreamy, loose, and immersive works demonstrate the great affinity between the two painters.

Press Release
BP British Art Displays: Turner/ Rothko [Artdaily]
Rothko and Turner receive joint billing at Tate for first time [The Telegraph]
The works of two influential painters, JMW and Rothko, are being brought together in an exhibition to show the artists’ similarities [BBC]
Turner/ Rothko at Tate Britain [Timeout London]

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Newslinks for Thursday, March 12, 2009

Thursday, March 12th, 2009


Installation view of Rothko’s ‘Seagram Murals’ via MSNBC

Tate Liverpool exhibits Rothko’s Seagram Murals after a 20-year absence [Artdaily]
Rochelle Steiner, under whose tenure Olafur Eliasson’s “New York City Waterfalls” was sponsored, leaves the Public Art Fund [NY Times] and in related, Sotheby’s CEO takes big paycuts in the wake of the market downturn [Bloomberg]


Alex James, bassist of Blur via The Mirror

Blur’s Alex James to judge Charles Saatchi’s art-star reality TV show [The Mirror]
Jonathan Jones on how consumerism spawned Warhol and Pop art and thus the shallowness of contemporary art [Guardian]
Vanity Fair’s imagined conversations overheard at a MoMA party [VanityFair]
A new show at Paris’s Musee d’Art Moderne acknowledges how Italian Surrealist Giorgio de Chirico sold backdated copies of his own work [Bloomberg]


Patti Smith via The Art Newspaper

Patti Smith, whose Polaroids are showing at Robert Miller gallery, on her early career as an artist and why she feels Jeff Koons’s work is “just litter upon the earth” [The Art Newspaper]


Andy Warhol’s BMW Art Car via W Magazine

The BMW Art Car series by artists such as Frank Stella, Andy Warhol, Roy Lichtenstein and Robert Rauschenberg to appear at New York’s Grand Central Terminal starting March 24 [W Magazine]
Chinese art dealer who sabotaged Christie’s sale of bronzes during the Yves Saint Laurent sale weeps at his shattered credibility [Bloomberg]


Steve McQueen modeling for T Magazine

A brief profile of Turner prize winning film artist Steve McQueen’s fashion aesthetic [The Moment]
The Las Vegas Sun does a post-mortem on the Las Vegas Art Museum, which closed last month
[Las Vegas sun via ArtsJournal]

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Trailer for ‘Guest of Cindy Sherman’ via Entertainment Weekly

Soon to open in New York, an art world outsider chronicles his relationship with an art world insider in the film ‘Guest of Cindy Sherman’ [Entertainment Weekly]
Susan Moore looks at the recent emergence of a homegrown art scene in the United Arab Emirates [Financial Times]


Collectors Stephanie Seymour and Peter Brant.  Image courtesy Mary Barone via Artnet

Art in America and Interview Magazine owner Peter Brant opens his private collection to the public, by appointment only, at the Brant Foundation Art Study Center [NY Times]
How the former CEO of the Royal Bank of Scotland was unable to secure an immense 16,000 piece art collection obtained during a takeover of ABN Amro as that bank’s CEO deftly transferred ownership to a foundation before the merger
[TimesUK]
Turner Prize winning sculptor Antony Gormley announces first public art installation for Scotland
[TheScotsman]


Laura Hoptman, Massimiliano Gioni and Lauren Cornell, curators at the New Museum of Contemporary Art via NY Times

A preview of the New Museum’s inaugural triennial, “The Generational: Younger Than Jesus” [NY Times]
Hans Ulrich Obrist’s book “The Conversation Series” includes interviews with artist such as Wolfgang Tillmans and Gilbert and George [ArtInfo]


A peek at Pierogi Gallery’s new annex, the Boiler via NY Times

Williamsburg’s Pierogi Gallery opens new annex, The Boiler [NY Times]
Chelsea galleries, including Andrea Rosen, Barbara Gladstone, Mary Boone and Matthew Marks, to show work at the Museo Nacional de Bellas Artes in Havana, Cuba [The Art Newspaper]


Anish Kapoor’s ‘Temenos’ via AnishKapoor

Construction begins on first of five of Anish Kapoor outdoor sculptures in the UK: the ‘world’s biggest art project’ [DesignWeek]


Portrait of Pope Benedict XIV by Pierre Subleyras via NY Mag

Old masters prove to be a bellwether in the market downturn [Financial Times] as such, The Metropolitan Museum acquires a Renaissance portrait of Pope Benedict XIV for nearly $1 million amidst financial woes [NY Mag] and this painting also is featured here in a separate video discussion on the resilience of old master paintings [Sotheby's]

AO Auction Results: Christie’s Post-War & Contemporary Art Evening Sale, London. Results were overall dissapointing, Bacon, Rothko go unsold

Friday, February 13th, 2009


Monkeys (Ladder) (2003) by Jeff Koons. Sold for £1.38 million ($2 million) against estimates of £1.4 million to £2 million.

Following last week’s encouraging results, Christie’s post-war and contemporary auctions could only be described as lacklustre, while not entirely disheartening.

The auction realized a total of £8,392,750, or $12,085,560, with 79% of lots being sold. While still somewhat robust, it pales in comparison to last week’s figures which tended to be in the 90% range. 48% of the 29 lots were sold above their estimates, with one work of auctioned for over £1 million. European buyers put in a strong showing, comprising 66% of auction participants, with the remainder breaking down as follows: 4% UK, 27% Americas and 4% Asia.

Jeff Koons’ playful Monkeys (Ladder) was the highest priced lot, pulling in £1.38 million ($2 million) against estimates of  £1.4 million to  £2 million–just barely falling short of the lower estimate.  The oil on canvas piece forms a part of the artist’s Popeye series, and was offered for auction for the first time during the evening sale.

Two of the highest profile lots on auction failed to sell. A lot by Francis Bacon, Man in Blue IV, went unsold–considered by the auction house and several dealers who were present as “perhaps too academic.” The sitter is an unknown man who Bacon is thought to have had an affair with at the Imperial Hotel in Henley-upon-Thames, where the painter resided for some time.  His features are obscured and more attention is given to his clothing, posture and form. The  lot was expected to sell for between £4 million and £6 million, which would have made it the priciest lot on sale.

Mark Rothko’s lot also went unsold. Green, Blue, Green on Blue, from 1968, was expected to bring in between £2.5 million and £3.5 million, and would have been the second highest priced lot after Bacon’s.

Christie’s Sale Total Halves; $12.2 Million Rothko, Bacon Fail [Bloomberg]
Francis Bacon portrait fails to sell at auction [Telegraph UK]
Christie’s Auction of Post-War and Contemporary Art Realises $12.1 Million [ArtDaily]
The Golden Rain Dries Up at Christie’s [ArtInfo]

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Newslinks for Monday, January 12th, 2009

Monday, January 12th, 2009


Erasmus portrait purported to be by Holbein the Younger, via The Art News

Experts speculate that new portrait of Erasmus is by Holbein the Younger [ArtInfo]
Art auction houses have always been touted as the most transparent transactions in the system, but they are  far more complex and secretive, and in recent years, much more is at stake [Financial Times]
Review of critic Michael Fried’s latest book: Why Photography Matters… [Artforum]


Shepard Fairey’s ‘Hope’ portrait of Barack Obama, via AP

Smithsonian acquires Shepard Fairey’s ‘Hope’ portrait of Obama [ArtInfo]
White Cube’s Jay Jopling’s rise to power and the current pressure from a failing market, gossip tabloids [The Times UK]


Brad Pitt portrait in daguerreotype by Chuck Close, via W Magazine

Chuck Close’s daguerreotype portrait of Brad Pitt is W Magazine’s new cover [W Magazine]
The Vatican aims to exhibit art in a ‘national pavilion’ during the Venice Biennale as a counbterpoint to “blasphemous” modern art [Times UK]


Black on Maroon (1959) by Mark Rothko, part of the Seagram mural series, via Tate Modern; studies for the Seagram series are owned by Ezra Merkin, who lost billions to Bernie Madoff ‘s investment scheme.

Assailed Madoff victim has 12 Rothkos; collectors salivate [Bloomberg]
The Art Newspaper explores the changing emerging art markets of China, and Russia here, and India here [Art Newspaper]

Newslinks for Tuesday, November 11th, 2008

Tuesday, November 11th, 2008

Richard Serra via Time

The Economist is long on Richard Serra: “slow-burning Mr Serra will be one of the artists whose work will continue to shine long after he is gone” [TheEconomist]
–>
The defensive financial strategies art auction houses take during a market downturn
[The Art Newspaper] and in related, financing for fine art is correspondingly receding [Portfolio]
–>
A look inside the highly specialized art storage business [Financial Times]
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The Tate Modern may have accidentally hung 2 Rothko’s sideways [TimesUK]

The Pollock in question via terisfind.com

Highly controversial supposed Jackson Pollock drip painting is for sale for $50 million in Toronto [CBC]
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London’s Colony Room, favored bar of Lucian Freud and Damien Hirst, may close [TimesUK]
–>
50 to 75 Modern and Contemporary German works of art including some by Rosemarie Trockel, Georg Baselitz and Candida Höfer donated to the Busch-Reisinger Museum at Harvard [Artdaily]
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Yvonne Force Villareal, sets up an APFlab (“Art Production Fund”) on Wooster street in Soho, New York [NYTimes]

The Bacchae: The Library Theatre, Manchester and on tour

The Independent (London, England) February 21, 1996 | JEFFREY WAINWRIGHT Euripides’ The Bacchae is strong meat, literally. Its dominant image is of dismemberment, animal and then human flesh seized alive and devoured in the furthest reach of frenzy available to human kind.

Now The Library is a nice place, a cosy cup of a theatre, designed less for Bacchanalia than for Spring and Port Wine. Other venues on Kaboodle’s itinerary may suit Euripides better, but interesting as it is to contemplate the startlingly different contexts of ancient Greek and modern theatre, the production does not resolve this fundamental incongruity. For this, the less traditional the performance space the better.

But for all the rawness at its heart, The Bacchae is in no sense a “primitive” play. It is the story of the coming of the disreputable but potent Dionysus to Thebes, determined to prove his lineage as a son of Zeus and claim the honour due to a god. Though despised as a foreigner by the Theban king, Pentheus, Dionysus has captivated the women of Thebes, who, led by Pentheus’ own mother Agave, are now the Bacchae, living in liquid abandon beyond the city walls. Dionysus, himself ambiguously gendered, is lord and liberator of women, and the rapture he engenders transports them from their appointed place into ecstasy. The play’s main conflict is therefore between this liberation and the pursed rectitude of Pentheus.

It appears to be a clash of immutable elements, but Euripides’ psychological subtlety lies in the way Dionysus is able to evoke a prurient interest in the activities of the women in his enemy, and so seduce him from his fixed masculinity. Discovered in his spying, Pentheus is sundered by the Bacchae, his own mother claiming his head as a trophy. The second psychological switch is Agave’s rediscovery of her former mind as the frenzy abates and the contrary face of the Dionysian rapture becomes apparent. go to web site facial hair styles

Happily, the complexity that surrounds Pentheus is presented with nuanced care by Lee Beagley. Softly spoken, he has no crude, tyrannical bluster about him, and he is drawn into his fatal female garments in a gentle swirl of reluctance and surprised pleasure. Kaboodle’s other long-time actor, Paula Simms, takes two of the vitally important “messenger” roles, and her narration, especially the first account of the Bacchae at large, is clearly and characterfully done. This scene also provides the best visual moment, in which the company create a huge beast from a cow’s skull and a vast red curtain, then hunt it down.

Otherwise, Lee Beagley’s staging and Bruce Gallup’s design are disappointing by Kaboodle’s previous standards. The eclecticism of the costumes is unfocused, and a cumbersome piece of revolving stage machinery resembling a sawn- off caboose clutters the action. Eugene Salleh makes a puckish Taras Bulba of Dionysus, but his voice is not sufficiently commanding. Despite the ritual elements, these plays require a tremendous amount of simple, informative speaking, and, Beagley and Simms apart, this is woefully underpowered here. The result is that this great and disturbing play is not nearly disturbing enough.

n On tour to Marlborough, Birmingham, Kendal and Leicester this month, then throughout F} {DD} 21:02:96 {XX} Arts {PP} 8 {HH} Music: Music from the Yellow Shark, Frank Zappa / Ensemble Modern Royal Festival Hall, London {BB} Phil Johnson {TT} The late Frank was sadly unable to appear for this ultimate valediction of his role as a serious composer, but if he had, he would, you think, have taken comfort in the extent to which his facial hair-styles seemed to live on in many members of the audience. The yellow shark of the title lay pinned up behind the stage like a scruffy talisman and an air of expectation lay over the whole of the first, non-Zappa, half of the performance. web site facial hair styles

Opening with three studies by Conlon Nancarrow, the Ensemble demonstrated immediately their masterly grasp of difficult repertoire, the two pianos chattering away as if in binary code while the percussion sectionswapped roles in a see-saw of rhythmic accents, like chopsticks rattling on a plate. Study No 6 was achingly beautiful, the strains of a Mexican lullaby somehow emerging through the convulsive pitter-patter. Varese’s Deserts followed, accompanied by a film by the video artist Bill Viola of underwater point-of-view shots, barren landscapes and, eventually, an interior scene in which a man moved slowly across a room. Meanwhile, the music – part live orchestra, part taped industrial sounds – reached a series of crescendos, matched at the end by a magnificent coup de film, when the man and his furniture were dashed to smithereens. It was difficult, it was pretentious, but it was also very well done, and it matched the accumulating tension and ecstatic release of the music marvellously. So how would Frank live up to that?

Brilliantly, of course. First assembled for a performance at the 1992 Frankfurt Festival, which was partly conducted by the composer, the music is a compendium of Zappa themes that he got up to speed on his trusty synclavier and then printed out as music for the orchestra to learn, the title emerging only as an afterthought. Beginning with a cheesy Star Wars-ish introduction, the Ensemble’s programme mixed and matched movements from the original performance (available almost complete on the excellent Rykodisc album). Echoes of Boulez and Henze, at times rather too plinkety- plonk for comfort, were evident, but much of the music was quite superb, and the closing “G-Spot Tornado” was a tour de force of sustained action and invention. Only in “Bebop Tango,” was there any real Mothers of Invention monkey-business (when the orchestra talked among themselves, loudly) and the concert ended in total adulation. The encore, though, was a bit of a disappointment; hoping maybe for “Peaches En Regalia”, what we got was the Star Wars intro again. But the Zappa-philes went home happy, as they knew they would.

JEFFREY WAINWRIGHT

AO Auction Results: Christie’s “The Modern Age,” the Alice Lawrence and Hillman family collections sell for less than 50% of estimate as Rothko and Manet headliners are pulled

Saturday, November 8th, 2008

Rene Magritte's "L'Empire des lumiéres" (1947) via Christie's

On Wednesday November 5th, Christie’s conducted its sale of the estates of two separate widows (the Alice Lawrence and Hillman family collections) bearing similar works of mostly late 19th and early to mid-20th century pieces, in an auction thus titled “The Modern Age.” These auctions included works by headliners such as Pablo Picasso, Paul Cézanne, Mark Rothko, Fernand Léger, Edouard Manet, Henri de Toulouse-Lautrec, Amedeo Modigliani, Giorgio De Chirico and René Magritte. The event followed the latest Sotheby’s auction for Impressionist and Modern art on Monday (as covered by AO here) which disappointedly totaled $223.8 million against the $338 million low estimate. Additionally, the Modern Age sale corresponded to a particularly steep post-presidential race drop in the public equity markets in which the Dow plunged 486 points.

The auction results were no surprise considering the current tepid environment in the art market: The two collections listed 58 lots, of which 17 did not sell, for a total sale of $47 million, which was less than half of its $104 million low estimate. Christie’s said 51% of buyers were American and 29% European. Though Surrealist lots by Magritte (see image above) and De Chirico (see below) did well, of the lots that were brought in were the most expensive of the sale, notably, Manet’s “Fillette sur un banc/Girl on a Bench,” a 1880 portrait of a girl with a wide-brim hat estimated at $12-18 million (see image below), and Rothko’s “No. 43 (Mauve),” estimated at $20-30 million. Other works by Cézanne, Renoir, and de Kooning also failed to sell.

Bleak Night at Christie’s, in Both Sales and Prices [NY Times]
Art-Market Rout Persists: Rothko Snubbed at Auction [Bloomberg]
Buyers Cool to Private-Collection Art at Christies [Reuters]
Market Forces Bring Fire-Sale Prices for Christie’s “Modern Age” [Art Info]
The Modern Age: Property from the Hillman Family Collection [Art Daily]
Christie’s Wan and Woeful Night [CultureGrrl]
Christie’s Website

more auction results, quotes and images after the jump…

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The first major post-financial collapse art market event, The 2008 Frieze Art Fair, in London, is on right now.

Friday, October 17th, 2008


Cory Arcangel’s “Golden Ticket” to the 2008 Frieze Art Fair via Artnet

With over 150 galleries, The Frieze Art Fair, set in London’s Regent’s Park, began selling works by over 1,000 artists on October 15. Since its first year in 2003, the Frieze fair has grown to be regarded as the youngest and perhaps the most cosmopolitan and cutting edge of the global fairs, which include Art Basel, Art Basel Miami Beach and the Venice Biennial. The fair, which runs until the 19th of October, and the London auctions that will occur this evening and this coming weekend, mark the first major opportunity for transparency into the the status of the global art market since the widespread financial turmoil began. Following Damien Hirst’s groundbreaking, clearing house, £111.5 million, direct-to-market auction of his own work at Sotheby’s last month (as covered by ArtObserved here) the market has had some clouds brewing over it, with beginning indications of weakness manifesting in events such as Sotheby’s lackluster first evening sale of contemporary Asian art in Hong Kong earlier this month (as covered by ArtObserved here), which sold £7 million against expectations of £30 million to another auction that same weekend in which Sotheby’s sale of modern 20th-century Chinese art left over a third of the lots unsold. More recently, the Singapore Art Auctions were also a dissapointment.

London’s Frieze Prepares for a Chill [Wall Street Journal]
Crisis Imperils U.K. Art Fairs, $183 Million Sales, Dealers Say and Auction Houses Guarantee Top Lots; Dealers See Falling Demand and Paltrow, Saatchi, Zhukova Browse Frieze Art as Sales Go Slowly, Aguilera Parties, Damien Hirst Has a Head Case: London Art Buzz [Bloomberg]
Deep Frieze: UK’s hottest art fair braces itself for the chill of the banking crisis and Prank canvas [GuardianUK]
Frieze Art Fair: Super-rich to cast economic crisis aside and Andy Warhol’s Skulls up for auction [Telegraph]
All the fun of the fairs: the art world gathers for Frieze [Independent]
The Post-Materialist | Frieze Art Fair [TheMoment]
Diary: Frieze Frame [ArtForum]
Frieze Factor [Artnet]
Frieze: First night blur [ArtReview]
Frieze Art Fair 2008 [Frieze Art Fair]

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Go See: Rothko Retrospective at Tate Modern, London, opening today through February 19

Friday, September 26th, 2008


An untitled 1969 work by Mark Rothko via Telegraph The painting, created a year before the artist committed suicide, displays the dark color palette the artist primarily used during his last years of life a period that was said to be increasingly lonely and isolating for the artist.

Opening today at the Tate Modern is retrospective of abstract expressionist Mark Rothko. The Latvian-born American artist has not had an solo exhibition in the UK in over 20 years. The exhibit includes Tate’s permanent Rothko colletion that consists of nine paintings known as the Seagram murals. The paintings which are usually on display in what is known as the Rothko Room within the Tate have been moved to a larger space and joined by another six Seagram murals on loan from Kawamura Memorial Museum of Art in Japan and the National Gallery of Art in Washington. In 1958 the artist was commissioned by the Four Season’s restaurant in New York’s Seagram building to create the works, earning the paintings the name Seagram murals. However Rothko ultimately deemed a restaurant as an inappropriate place to display the works and did not hand them over. Instead the artist donated many of the works, including several to the Tate. The exhibition will also include the 1964 series Black-Form paintings, 1969 series Brown on Grey works on paper, as well as works from his last series before his death Black on Gray made in 1969-70.

Mark Rothko exhibition at Tate Modern, 26 September 2008 – 1 February 2009 [Tate Modern]
Bacon and Rothko in London
[New York Sun]
How Mark Rothko became an Anglophile
[Times Online UK]
Rothko’s Humor Shown by Son as Tate Fetes Artist’s Darkest Work
[Bloomberg]
In at the Deep End Rothko Video
[Guardian]
R
othko’s Gloom Is Compelling at London’s Tate: Martin Gayford [Bloomberg]
Rothko’s murals reunited at Tate [BBC News]
Rothko exhibition opens at Tate Modern [Telegraph]
First Major Exhibition Dedicated to the Late Works of Mark Rothko at Tate Modern [Art Daily]
Current Exhibition: Rothko [Art Info]
The trouble with Mark Rothko’s genius [Times Online]
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Newslinks for Thursday September 11, 2008

Thursday, September 11th, 2008


German artist Jonathan Meese via TheMoment

Jonathan Meese, Daniel Richter, and Javier Peres as players in the Berlin art scene [NY Times- The Moment]
more Jonathan Meese, headlining Friday at the Journal Gallery, Brooklyn [The World's Best Ever]
Valuable, yet difficult to execute and display “extreme” art [ArtInfo]
Rothko, Bacon highlight a very British-painter-based fall exhibit lineup in London [Bloomberg]
On “democracy” as a trend in British contemporary art, and how pricing can suffer from it
[Guardian]
Deborah Harris is the new managing director of the Armory Show [ArtForum]
Director Sir Nicholas Serota sets 1 year deadline for funds for Transforming Tate Modern project [London SE1]
In more Tate news: 2007/8 acquisition year for the Tate Collection brought a record $111 million – 494 work harvest [Art Daily]

Don’t Miss The Opening: Arrival of Christie’s-owned gallery, Haunch of Venison, in New York, Friday September 12

Saturday, September 6th, 2008


Vawdavitch, Franz Kline (1955) via Artinfo

Next Friday, September 12, the new Haunch of Venison gallery in New York City will open its doors for the first time with an exhibit called “Abstract Expressionism – A World Elsewhere”. The exhibition will feature over 60 works from Franz Kline, Willem de Kooning, Lee Krasner, Barnett Newman, Jackson Pollock, Mark Rothko, Aaron Siskind, David Smith and Clyfford Still. The Christie’s owned gallery represents notable artists such as Bill Viola, Keith Tyson, and Wim Wenders and has additional locations in London and Zurich. When the gallery was purchased last year by François Pinault, the owner of Christie’s auction house, there was a substantial amount of controversy surrounding the transaction. The purchase of the gallery presented a new take on the relationship between auction houses and galleries, and how the line might blur between the primary and secondary markets of the art world.

Christie’s auction house buys London’s Haunch of Venison contemporary art gallery [IHT]
Haunch of Venison’s New York Moment [The Imagist]
American Perspective [Artinfo]
Auction Houses Vs. Dealers [NYSun]
Haunch of Venison – “Abstract Expressionism—A World Elsewhere” [Haunch of Venison]

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