Archive for July, 2008

Newslinks: Saturday July 12, 2008

Saturday, July 12th, 2008


Snow Scene at Argenteuil 1875 by Claude Monet (1840-1926) via Guardian

On view at Tate Britain: 18 masterpieces recently bequeathed to British National Gallery, including works by Degas, Freud, Monet, worth roughly $200,000,000 [GuardianUK]
The art/fashion, Vuitton/Richard Prince link in London [Bloomberg]
Mutualart.com’s Top Art Exhibitions for 2008 [Businessweek]
French art thief pleads guilty in botched $4.7M masterworks sale, indictment covered by AO here [NYSun] [AO]
2009 Turner Prize judges announced [TheArtNewspaper]
MOMA buys 3 Jasper Johns works for undisclosed sum (note: 2 years ago a Johns sold for $80M) [NYTimes]

 

 

 

 

GO SEE: Terence Koh and Michael Sailstorfer at Schirn Kunsthalle, Frankfurt, through August 31

Friday, July 11th, 2008

Warhol remains as a chinese winter garden in my heart (self-portrait), 2006, Terence Koh via ArtNews

The Schirn Kunsthalle Frankfurt presents two simultaneous solo exhibitions by Bavarian artist Michael Sailstorfer and Chinese-Canadian artist Terence Koh. Both Sailstorfer’s “10 000 Stones” and Koh’s “Captain Buddha” make use of ready-mades and found objects to present their own artistic statement. Each artist’s installation work comments on his surroundings, though in different ways.

The Art Newpaper [The Art Newspaper]
Current Exhibitions [Schirn Kunsthalle Frankfurt]
Terence Koh and Michael Sailstorfer at Schirn Kunsthalle Frankfurt [Artipedia]
Michael Sailstorfer: Tire with popcorn [Art Magazine]
Terence Koh [ArtNews]

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AO On Site: “Pretty Ugly” at Gavin Brown’s Enterprise and Maccarone in New York, through August 29

Friday, July 11th, 2008

“Pretty Ugly” at Gavin Brown Enterprise via Art Observed

Art Observed was on site at the opening of “Pretty Ugly” on Thursday, July 10th. The show took place at two neighboring galleries on Greenwich St. in New York: Gavin Brown’s Enterpise and Maccarone.
The show was curated by Alison Gingeras, of the Pinault collection, and featured work from more than 75 artists, including John Currin, Louise Bourgeois, the Chapman Brothers, Paul McCarthy, Takashi Murakami, Alice Neel, Hermann Nitsch, Andy Warhol, Francis Picabia, and Rob Pruitt, just to name a few.

Pretty Ugly: Press Release [Gavin Brown’s Enterprise]
Pretty Ugly, Maccarone [Maccarone Gallery]
A Pretty Ugly New York Art Eclipse [Flash Art]
This Week in Art Openings: Totally Rad, Pretty Ugly, and The Shallow Curator [Papermag]
Pretty Ugly [Artlog]

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AO Auction Results: Sotheby’s Old Master Paintings Evening Sale, Wednesday, July 9

Friday, July 11th, 2008

Portrait of Willem van Heythuysen, Seated on a Chair and Holding a Hunting Crop, Frans Hals (circa 1630) via Sotheby’s

Sotheby’s Evening Sale of Old Master Paintings in London on Wednesday attracted an international client base and managed to raise $101.5 million in overall sales, which is the second highest amount in the company’s history for an auction of this genre.

The sale included not only pieces of exceptional quality, but also a number of works which had previously been held in private collections and therefore had not been on the market for some time. A re-discovered painting by Frans Hals (Pictured above), which was heretofore believed to be a copy, sold for $13,995,067 which not only exceeded its pre-sale estimate of $6.0-$10.0 million, but which also was the second highest price ever paid for a work by the artist at auction.

There were numerous other auction records set that evening, including record sales by artists including Guido Reni, Jacobo Tintoretto, Taddeo di Bartolo, Frans van Mieris the Elder and Jan Brueghel the Elder. An impressive 58% of lots sold at the auction garnered bids in excess of their estimates, contributing to the sale’s success as a whole.

Sotheby’s Auction Results: Old Master Paintings Evening Sale [Sotheby’s]
Old Masters Perform at Sotheby’s London [NYSun]
Old Master Paintings Soar at Sotheby’s Realizing $101.5 Million [Artdaily]
At Sotheby’s, Exceptional Old Master Offerings Lead to Six Records [International Herald Tribune]
Old Master Paintings Soar at Sotheby’s Auction in London [News-Antique]
Old Master Paintings Realize $101.5 Million at Sotheby’s [AuctionPublicity]
Sotheby’s Week of Old Masters Realizes GBP45.2 Million [SGallery]

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Newslinks: Thursday, July 10, 2008

Thursday, July 10th, 2008

Sculpture from “Art for the Masses”, Yue Minjun via Supertouchart

KAWS does a Yue Minjun figurine [Supertouchart]
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Are commodity-rich buyers propping up the market for trophy art? [CNN]
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Damien Hirst’s rumored collaboration with ultra-pricey cell phone brand Vertu
[FashionWeekDaily]
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Applications for an MA degree in art business see a strong increase [Financial Times]
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Damien Hirst, other bold-faced names keep it swanky at Annabel’s in London for Richard Prince at Serpentine Gallery [The Independent]

Amtrak warned of Acela ‘defect’; Train spokesman denies lawsuit.(PAGE ONE)

The Washington Times (Washington, DC) October 22, 2002 Byline: Tom Ramstack, THE WASHINGTON TIMES Amtrak was warned by the manufacturer of its troubled high-speed Acela Express trains about potential “defects” in the undercarriages but forced early delivery.

Court documents in a lawsuit by Bombardier Corp. against Amtrak say trains were delivered before the design was certified as safe.

Bombardier, based in Montreal, said it gave its warning of a “trainset truck defect” in a letter dated Aug. 29, 2000. A trainset refers to locomotives and the rail cars they pull. Trucks are the wheel assemblies on the undersides of rail cars and locomotives.

Amtrak yesterday denied Bombardier’s accusations.

“At no time did Bombardier ever raise issues relating to the safe operation of the trainsets,” said Amtrak spokesman Bill Schulz. “If it had, neither Amtrak nor [the Federal Railroad Administration] would have permitted the trainsets to be operated.

“Amtrak was not aware of the specific defect,” he said, referring to cracks in the suspension systems.

Two months ago, an Amtrak mechanic discovered cracks in the undercarriage suspension system of an Acela Express locomotive when a bracket dislodged during routine maintenance in Boston. Additional inspections turned up cracks in other Acela Express trains, which travel at speeds up to 150 mph along the Northeast Corridor. Amtrak was forced to interrupt the popular service and lost millions of dollars in ticket revenue.

Amtrak found that the suspension assembly brackets appeared to be too weak to withstand the side-to-side movement of the locomotives. web site amtrak promotion code

Bombardier delivered the first Acela Express trainset on Oct. 18, 2000. Regular service along the Northeast Corridor started in December 2000.

Amtrak owns 18 Acela Express trainsets, 15 of which normally operate 50 daily departures. Three are kept in reserve. Because of the suspension problems, the operation is down to 12 trains making 40 daily departures.

Bombardier in November filed a lawsuit in U.S. District Court for the District of Columbia seeking compensation from Amtrak for cost overruns resulting from repeated design changes and tests ordered by the national passenger railroad.

On Aug. 18, 2000, Amtrak submitted a “claim,” or demand, that the trains in the $800 million contract be delivered. They already were more than a year late.

Bombardier responded by saying it was reluctant to deliver the trains before all of Amtrak’s requested design changes were complete.

“What Amtrak proposes is nothing short of a unilateral rewriting of the contract that would permit Amtrak to force the delivery of equipment which Amtrak itself asserts is defective in major respects,” wrote Germain Lafontaine, director of program management for the Bombardier Transportation-Alstom consortium that built the trains.

Richard Sarles, Amtrak’s vice president for high-speed rail, knew disagreements involving design of the undercarriage were unresolved but submitted the claim anyway, Mr. Lafontaine said in his letter. Mr. Sarles also knew that the unresolved design issues “could require operation of the trainsets at reduced speeds.” In addition, “these defects would allegedly increase the trainset’s trip time and require post-delivery repairs by the contractor or other commercial resolution.” Bombardier spokeswoman Carol Sharpe repeated the company’s position that any problems resulted from Amtrak’s design changes.

“What we said was that there were certain technical issues with which we disagreed,” she said. “They were imposing certain designs on us and we would disagree. We can’t discuss the specifics.” After Bombardier filed suit, Amtrak issued a statement blaming the manufacturer for delays and cost overruns.

“After five years of delays, performance failures and self-inflicted financial losses, it is no shock that Bombardier is now attempting to shift the blame for the consortium’s mismanagement of the high-speed trainset contract to Amtrak,” said an Amtrak statement dated Nov. 8, 2001.

Among Amtrak’s complaints against Bombardier were “speed restrictions, because the trainsets do not meet contract specifications when operated on track that complies fully with all FRA requirements.” Amtrak appeared to be aware of the undercarriage problems before delivery of the trainsets when it told Bombardier in an Aug. 14, 2000, letter that it was suspending payment for failure to meet design specifications. site amtrak promotion code

Payments in the contract were due as the Bombardier-Alstom consortium progressed in intervals toward completing the contract, referred to in letters as “milestones.” “Milestone payment amounts associated with trainset truck performance and the related qualification tests are not yet due because these milestones have never been achieved,” John Bell, Amtrak’s program director for high-speed trainsets, said in the letter.

Amtrak withheld $51 million in payments because of the equipment problems. Bombardier is seeking $200 million in its lawsuit as compensation for the cost overruns incurred from Amtrak’s design changes.

Meanwhile, Bombardier says it has engineered a permanent repair for the suspension systems, a sturdier bracket that reduces side-to-side motion.

The cracked support brackets were rewelded as a temporary fix in August to get the trains back into service.

Amtrak said Bombardier’s new bracket is undergoing field testing and must be approved by the FRA before it can be certified as a permanent repair.

Acela Express, one of Amtrak’s most popular and profitable business ventures, was a linchpin in the railroad’s failed efforts to free itself from federal subsidies. Congress is considering restructuring Amtrak because of its persistent inability to operate profitably.

CAPTION(S):

Amtrak says Bombardier Corp.’s suspension assembly brackets are too weak to withstand the side-to-side movements of Acela Express trains, which travel up to 150 mph. [Photo by AP]

AO Auction Results: Christie’s Old Masters on Tuesday: a $24,400,00 lost masterpiece

Thursday, July 10th, 2008

La Surprise, Jean-Antoine Watteau (c. 1718) via Christie’s

Christie’s Old Master Sales that took place last Tuesday, July 8th, featured quite a few ‘lost’ works of art, and generated over $47 million. In addition to the three rediscovered Goya drawings which sold for a combined $8 million, La Surprise by Jean-Antoine Watteau led the Old Masters Sale with a record breaking $24,376,385. The Watteau painting had been lost for almost 200 years, and was assumed to be destroyed until it appeared last year in a private English collection. It is the highest paid price for a French Old Master painting sold at auction to date, and well exceeded it’s $5.9-$9.8 million estimate. The sale also featured artwork by Anthony Van Dyck, Pieter Brueghel II, Thomas Lawrence, William Larkin, Jan Josefsz Van Goyen, and many more notable old masters.

Rediscovered Watteau Masterpiece Sells for Record $24.4 Million [Artdaily]
A Watteau sets record at £12.36 million in an uneven Old Masters sale [IHT]
Lost Watteau Fetches Record; Old Masters Languish at Christie’s [Bloomberg]
ÄŒR buys 8 Liechtenstein works at Christie’s auction [Praguemonitor]
Goya sketches “lost” for 130 years sold at auction [ReutersUK]
Goya Boosts Christie’s Drawings Sale [NYSun]
Francisco de Goya at Christie’s London [Coxsoft]
‘Lost’ Goya drawings sold for £4m [BBC]
Art buyers find ‘lost’ works [LATimes]
Christie’s Auction Results [Christie’s]
Goya Boosts Christie’s Old Masters Drawing Sale on Tuesday [Artobserved]

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News Blurb: Goya Boosts Christie’s Old Masters Drawings Sale on Tuesday

Thursday, July 10th, 2008

Bajan Riñendo, Francisco José de Goya y Lucientes (1746-1828) via BBC

Three drawings from Spanish artist, Francisco José de Goya y Lucientes, sold at Christie’s Old Masters Auction on July 8th for $7.9 million, double the pre-sale estimate. The three drawings had been rediscovered after being ‘lost’ for the past 130 years. The trio was last recorded at an auction in Paris in 1877, and did not resurface until the Old Masters Auction at Christie’s last Tuesday.

Goya sketches “lost” for 130 years sold at auction [ReutersUK]
Goya Boosts Christie’s Drawings Sale [NYSun]
Francisco de Goya at Christie’s London [Coxsoft]
‘Lost’ Goya drawings sold for £4m [BBC]
Lost Watteau Fetches Record; Old Masters Languish at Christie’s [Bloomberg]
‘Lost’ Goya works sell for 4m pounds at Christie’s [Economic Times]
Christie’s Auction Results [Christie’s]

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New York Developer commissions Anish Kapoor for Herzog & de Meuron residential project in Tribeca

Wednesday, July 9th, 2008

Artist Anish Kapoor via Billslater

Indian-born artist, Anish Kapoor, has been commissioned to design a large-scale public sculpture for a new residential tower in Tribeca. In addition to Kapoor, the New York-based real estate company, Alexico Group, has chosen the world-renowned Pritzker Prize winning architectural firm, Herzog & de Meuron to design the building. Izak Senbahar and Simon Elias, principals of the Alexico Group, have announced that the Kapoor sculpture will be installed at ground level and be fully incorporated into the architectural design. The designs for the building and sculpture that will sit at the intersection of Leonard and Church Streets, will be released in the fall, and construction is projected to be completed in Spring 2010 .

New Tribeca Tower to Include Kapoor Sculpture [Artinfo]
A New Tower For Tribeca [VanityFair]
Alexico Group Announces Manhattan Commission to Architects Herzog & De Meuron and Artist Anish Kapoor [Artdaily]
Swiss Firm to Design New TriBeCa Tower [NYTimes]
Alexico Group inked a deal with architects Herzog & de Meuron [NYDailynews]
Herzog & de Meuron and Anish Kapoor to Collaborate on New York Tower [InteriorDesign]
Tribeca Skyscraper to get Sculpture [TheRealDeal]

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AO Auction Newslink Roundup: the closing word on the London Sales

Tuesday, July 8th, 2008

Panel from Francis Bacon’s triptych “Three Studies for Self-Portrait,” which Christie’s sold for £17.28M via IHT

Below is just a roundup of some post-auction articles that give a good summary of all that generally occurred in last week’s London auctions from all the major houses. These articles were published after AO completed its summaries of those auctions.

Auction Houses Test Market With Record Contemporary-Art Sales [Bloomberg]
AUCTIONS: Prices continue to soar as a Bacon earns £17.28 million at Christie’s sales [TheArtsNewspaper]
Prices Continue to Soar
[International Herald Tribune]
Contemporary Art Defies Doomsayers [Financial Times]
Investors Turn to Art; Sales Make Record $1.1 Billion [Bloomberg]
AO Auction Results: Christie’s Post-War & Contemporary Art, London, June 30 [AO]
AO Auction Results: Phillip’s London Contemporary Art Auctions, June 30 [AO]
AO Auction Results: Sotheby’s Masterpieces of Contemporary Art, July 1, London [AO]

Newslinks: Tuesday, July 8, 2008

Tuesday, July 8th, 2008

Olafur Eliasson, ‘Visualization of The Parliament of Reality’, Bard College via Artdaily

Bard College has Olafur Eliasson’s 1st permanent US installation [Artdaily]
MoMA purchases 23 photo works from eight Chinese artists controversially bought in bulk [Bloomberg]
Two Pulitzer Prize winning authors gain rights to new Francis Bacon biography [Bookseller]
Next-generation, under-30’s legacy arts patrons: on the scene [NYTimes]
Tracey Emin’s $122,000 4-inch bronze sparrow goes missing from public work and then is inscrutably returned (publicity stunt?) [BBC]


AO Auction Preview: Sotheby’s London, Old Master Paintings, Wednesday July 9

Tuesday, July 8th, 2008

Landscape at Evening with Travellers and a Hunter Near Classical Ruins, Pierre Patel the Elder (circa 1640) via Sotheby’s

Sotheby’s has a forthcoming sale of Old Master Paintings, to be held in London at its New Bond St. location, on Wednesday, July 9th. The sale’s highlights include works from Pompeo Batoni, Jan Brueghel the Elder, Lucas Cranach the Elder, Carlo Crivelli, Frans Hals, Guido Reni, Sir Peter Paul Rubens, David Teniers the Younger, Aert van der Neer, Gaspar van Wittel (Vanvitelli) and a number of other exemplary European painters of this time.

It should also be noted that there will be ten paintings featured in the July 9th sale which come from the esteemed private collection of the late Dr. Gustav Rau, a 20th century philanthropist and collector of works from artists such as Pierre Patel the Elder, whose piece, Landscape at Evening with Travellers and a Hunter Near Classical Ruins, is estimated to fetch $800,000-$1,200,000 (Pictured above).

London Old Master Paintings Evening Sale [Sotheby’s]
Masters and Surprises In London, Old Masters Set To Be Sold [NYSun]

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French national living in Florida indicted on attempted sale of stolen Monet, Sisley, and Breugel

Monday, July 7th, 2008

State prosecutor, Jacques Dallest, displays stolen paintings via ReutersUK

A Frenchman living in Florida has been charged with conspiring to sell four masterpieces, stolen from the Musee des Beaux-Arts in Nice, France back in August 2007. The Frenchman, Bernard Jean Ternus, was caught trying to sell four paintings, by Claude Monet, Alfred Sisley, and Pieter Breugel, to undercover FBI agents. The four recovered paintings were Falaises près de Dieppe by Claude Monet, Allée de peupliers de Moret by Alfred Sisley, and Pieter Breugel’s Allégorie de l’eau and Allégorie de la terre.

French Man Living in Florida Indicted for Conspiring to sell stolen works [Artdaily]
Frenchman in Florida charged in Monet, Sisley Art Heist [CBC]
U.S. charges Frenchman over stolen Monet, other art [ReutersUK]
Frenchman Charged With Plotting to Sell Stolen Monet Painting [Bloomberg]
French Citizen charged in brazen Art Theft [CalgaryHerald]
Art thieves aren’t just in it for the Monet [Guardian]

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Newslinks: Monday July 7, 2008

Monday, July 7th, 2008

Starry Night over the Rhone, Van Gogh via NYTimes

‘Van Gogh and the Colors of the Night’ coming to The MOMA [NYTimes]
Details of contract for the Louvre Abu Dhabi revealed [TheArtNewspaper]
In industry executive news: MoMA’s Chief Curator of Paintings and Sculpture says ‘Good-Bye’ [NYSun]
In other executive moves, DIA Art Foundation has a New Director, Philippe Vergne [NYMag]
More executive news: Neil MacGregor, of the British Museum, declines directorship of the Met [TIME]
In page six today: Andy Warhol criticized in memoir by former friend and Ahn Duong, former flame to Julian Schnabel and Simon de Pury, ends her marriage [NYPost]

Go See: J.M.W. Turner at the Metropolitan Museum of Art through September 1st

Friday, July 4th, 2008

Whalers by Turner via Bloomberg.

From July 1st, through September 21, The Metropolitan Museum of Art is hosting the first retrospective exhibition of J.M.W. Turner. The exhibition will contain 140 diverse paintings. Most works come from Tate Britain which is the most comprehensive collection of the artist’s work in the world. Turner’s paintings represent seascapes, historical subjects, and modern scenes usually with a characteristic use of light.

Turner at the MET [Metropolitan Museum of Art]
J.M.W. Turner at the Metropolitan Museum Slideshow [NYTimes]
Storm-Tossed Visionary of Light [NYTimes]
Bloated Turner Show Arrives at Met Museum in Blaze of Colors [Bloomberg]
Nature Painted With Force [NY Sun]

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Newslinks: Thursday July 3, 2008

Thursday, July 3rd, 2008

Marc Jacobs channels Andy Warhol via Interview Magazine

Interview Magazine, founded by Warhol, dedicates this month to Warhol [Interview Magazine]
Bilbao Guggenheim makes a $156M expansion into the countryside, more here [Reuters] [NYTimes]
Tracey Emin’s 1st retrospective will be in Edinburgh [Times Online]
Steve McQueen, an artist working primarily in film, represent Britain at Venice Biennale [Guardian]
A major Goya was in the end painted by his pupil [Independent]
Victor Pinchuk and Carlos Slim Helu newly make Top 10 of top 200 art collectors [ArtNews]

U.S. Premier of Malcolm McLaren’s video project, Shallow, in Times Square

Thursday, July 3rd, 2008

Shallow, Malcolm McLaren via Rawartint

Creative Time has announced the U.S. premier of the video, Shallow, by Malcolm McLaren of the Sex Pistols. The video is a series of film clips taken from films of the 1960s, all of which contain the moments right before or after sex scenes. The film is going up on MTV’s huge outdoor HD screen the middle of Times Square between 44th and 45th Street. The film will be up through August and plays at the top of the hour, every hour. McLaren’s video is just one of Creative Time’s projects, others include David Byrne’s Playing the Building and Mike Nelson’s Psychic Vacuum.

At 44 1/2 Creative Time presents Malcolm McLaren [Creative Time]
Malcolm Mclaren’s ‘Shallow’ And Creative Time [Rawartint]
Porn-again Times Square [NYDaily]
Malcolm McLaren and MTV Bring “Artful Porn” To Times Square [Exclaim]
McLaren take porn to New York City [ContactMusic

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AO Auction Results: Christie’s Post-War & Contemporary Art, London, June 30

Thursday, July 3rd, 2008

Naked Portrait with Reflection, Lucian Freud (1980) via Artinfo

Christie’s held its Postwar and Contemporary Evening sale on Monday, June 30th, setting new records and selling 83% of the lots. The four largest sales came from Jeff Koons, Francis Bacon, Lucian Freud, and Andy Warhol. Other artists who were featured in the finely curated sale were Mark Rothko, Gerhard Richter, and Gilbert and George just to name a few. Out of the 48 lots that sold, 30 of them made over $1 million, and the total sale raised $172 million. This is Christie’s best result for a post-war and contemporary art sale in Europe.
Bacon Self-Portraits Fetch $34.5 Million at London Art Auction [Bloomberg]
Koons sculpture highlights record-breaking art sale [APF]
Koons record as London art sales draw to close [Reuters]
Christie’s London Bests Own Contemporary Record [Artinfo]
Record price for Koons sculpture [BBC]
Christie’s Post War and Contemporary Art Sale [Christie’s]
Bacon Triptych Sells for $34.4 Million in London [NYTimes]
Dead Artists Breathe Life Into Auctions [Wall Street Journal]
Koons’s ‘Balloon Flower’ sits in St. James Square before sale at Christie’s June 30th [Art Observed]

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AO Auction Results: Phillip’s London Contemporary Art Auctions, June 30

Wednesday, July 2nd, 2008

Untitled, Willem de Kooning (1984) via Artinfo

Sold for about $5.6 million.
Estimate was $2.4 million – $4 million.

The Contemporary Art sale at Phillips de Pury and Company monday had some disappointing news to report when 34% of the lots went unsold. Even some of the top by Xang Xiagang and Paul McCarthy found themselves unable to sell. Damien Hirst, who sold 3 of his 4 works in the auction, managed to barely meet his estimate on the ones sold.

Contemporary Market Bruised but Resilient After London Sales [Artinfo]
Market news: London’s contemporary art sales [Telegraph]
McCarthy, Zhang Flop in Tepid London Contemporary-Art Auction [Bloomberg]
London Contemporary Week Lurches Into Action at Phillips [Artinfo]

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2,400 People to be living sculptures in Trafalgar Square, London

Wednesday, July 2nd, 2008


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Image via Telegraph UK

Award-winning sculptor Antony Gormley will present his work “One And Other” in Trafalgar Square, London as he was recently chosen for the Fourth Plinth commission. His piece will occupy the Fourth Plinth for 100 consecutive days, for 24 hours, by members of the public who volunteered to stand for an hour. This will allow 2,400 people to participate in this piece.

Next on the Trafalgar Square plinth: the public [Times Online]
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London Mayor Offers to Be Living Artwork for Gormley [Bloomberg]
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Gormley’s human exhibit wins battle of Trafalgar [Independent]
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Antony Gormley will ask Trafalgar Square volunteers to climb plinth for art [Telegraph UK]
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Public art — literally — for London’s Trafalgar Square [AFP]
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Trafalgar Square: The People’s Plinth – A Portrait of our Time [Independent]

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AO Auction Results: Sotheby’s Masterpieces of Contemporary Art, July 1, London

Wednesday, July 2nd, 2008

Study for Head of George Dyer, Francis Bacon (1967) via NYTimes

Sotheby’s Contemporary Art Sale in London took place yesterday on July 1st and brought in an encouraging total of $188.8 million.  Francis Bacon’s painting of the profile of his lover and companion, George Dyer, was a highlight of the auction. This intimate portrait based on a photograph by John Deakin, was originally predicted to collect $15.5 million, but sold at a much higher $27.4 million to an anonymous collector. Although the sellers of the Bacon painting were kept anonymous, the New York Tims reported that experts speculate that it was sold by Ian and Mercedes Stouker, London Philanthropists.  Other impressive results of the sale achieved records for 11 different artists, and included the high profile sale of a Basquiat painting from seller U2, and an Andy Warhol from seller John McEnroe. The sold-out collection from the German industrialist, Walther Lauffs, which included work from Yves Klein, was another highlight of the show.

Sotheby’s July 2008 Contemporary Art Evening Sale Triumphs [Artdaily]
U2’s Jean-Michel Basquiat work on Sotheby’s block for $17.7M [Art Observed]
Bacon Stars, 10 Records Set at Sotheby’s; U2 Sell Art [Bloomberg]
Anish Kapoor sculpture attracts $3.87 mn at Sotheby’s sale [Economic Times]
Ten Works Set Records at Sotheby’s Contemporary Auctions [NYSun]
Sotheby’s contemporary art sale reaches £94.7 million [International Herald Tribune]
Contemporary Art Evening Auction Results [Sotheby’s]
Bacon Is Again a Top Draw at Auction [NYTimes]

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Go See: Wolfgang Tillmans ‘Lighter’ at Maureen Paley Gallery, London, through July 13

Tuesday, July 1st, 2008

Your Dogs, 2008 via Maureen Paley

German photographer Wolfgang Tillmans has an exhibition at Maureen Paley gallery in London’s East End. His first solo exhibition in the UK since 2005, it offers new work as well as older, rarely viewed video. This exhibit is a combination of traditional photographs, photographic sculptures, photocopies and video. Two themes recurring throughout both floors of Tillmans’ work are the photograph as an object and the interaction of nature and man-made objects.

Wolfgang Tillmans, Maureen Paley Gallery [Maureen Paley]
Wolfgang Tillmans [ArtNews]
Wolfgang Tillmans at Maureen Paley [SHOWstudio]
Wolfgang Tillmans at Maureen Paley [Dazed Digital]
Wolfgang Tillmans – Maureen Paley Gallery [Photoicon]
Discover ‘Lighter’, the new solo exhibition from Wolfgang Tillmans [London is Free]

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Olafur Eliasson’s waterfalls: up and on

Tuesday, July 1st, 2008

New York City Waterfalls, Olafur Eliasson via NYTimes

Danish Artist, Olafur Eliasson has completed his $15.5 million New York City Waterfalls project. This sublime installation consists of four free-standing cataracts that have been transformed into 90 to 120 feet of falling water. The waterfalls started flowing yesterday, June 26th and will continue through October 13th.

Olafur Eliasson’s The New York City Waterfalls in New York [Artdaily]
Niagara’s New Rivals -For a Time, Anyway [Wall Street Journal]
The Falls Guy [NYMag]
Olafur Eliasson set to make a splash in Manhattan with waterfalls [Guardian UK]
Eliasson’s Waterfalls Make Instant Monuments for N.Y. Harbor [Bloomberg]
Cascades, Sing the City Energetic [NYTimes]
‘Waterfalls’ art installation to shower East River [NYDaily News]

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Sotheby’s London Contemporary Art Evening Auction, July 1 – Preview

Tuesday, July 1st, 2008

Chant 2, Bridget Riley (1967) via Sotheby’s

Sotheby’s is holding its Contemporary Art Evening Auction on Tuesday, July 1st at its New Bond St. location in London. The sale’s highlights include works from Francis Bacon, Jean-Michel Basquiat, Antony Gormley, Damien Hirst, Anish Kapoor, Jeff Koons, Takashi Murakami, Richard Prince, Gerhard Richter, Bridget Riley, Andy Warhol and a number of other notable contemporary artists. The complete body of works for this sale will be on view at Sotheby’s New Bond St. galleries Monday, June 30 from 9am-7pm and Tuesday, July 1 from 9am-12noon.

Bridget Riley’s piece, Chant 2, a unique color painting which will be in the sale, was part of a show which won the artist the esteemed International Prize for Painting at the 34th Venice Biennale in 1968 .

Estimate: $4,000,000 – $6,000,000 (Pictured above)

London Contemporary Art Evening Auction [Sotheby’s]

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AO On Site: Os Gemeos at Deitch Projects, New York, through Aug 9

Tuesday, July 1st, 2008

“Too Far Too Close”, Os Gemeos at Deitch Gallery via Art Observed

On June 28th, the doors opened at 18 Wooster St in New York to reveal the fantastical world of Os Gemeos. The twin brothers that make up Os Gemeos, Otavio and Gustavo Pandolfo, are having their second show at Deitch, called “Too Far Too Close”. The artist duo, from Sao Paulo, Brazil, has successfully altered the space into a colorful world filled with chimerical portraits, music, and scenes straight from the intimate minds of Os Gemeos.

Sharing a brain: Os Gemeos [GQ]
Os Gemeos: Too Far Too Close [Deitch]
Os Gemeos’s Homepage [Lost Art]
Bomb – It: International Graffiti Documentary
[Bomb-It]
Os Gemeos “Too Far Too Close” [NYArtbeat]

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