Huang Yongping's Sixty-Year Cycle Chariot sold for double the high estimate of $194,00, setting a new auction record for the artist, via Artdaily
Contemporary Asian Art Sale at Sotheby’s Hong Kong brings in $8.5 million USD, well wthin expectations with over half of the lots above estimate [Artdaily] more here [Bloomberg] and here [AuctionPublicity] and here [Economist] and here [Artinfo]
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and finally more here [China Daily via ArtPatrol]
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And in related: The Getty acquires 9 contemporary Chinese photographs for $100,000, boosting its Asian collection despite a tighter budget [Bloomberg]
Takashi Murakami will soon debut a new collaborative collection with Louis Vuitton [HypeBeast]
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New York financier/art collector Ezra Merkin charged with $2.4 bilion fraud, the proceeds of which were used to fill his apartment with $91 million worth of art including Mark Rothko works from his collection, one of the largest in the world for the artist [Guardian UK]
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Gagosian and Richard Prince issue response to the Canal Zone copyright infringement lawsuit filed against them [Art Newspaper]
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]
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 high impact, market-making collector family, may be addicted to the game of art [The Observer]
