980 Madison, the block long building currently home to Gagosian Uptown alongside several other art galleries and exhibition spaces on the Upper East Side of Manhattan, is currently up for sale. Sources report that the building owners are looking to take advantage of a hot New York sales market, and some are reporting that the building could be worth over $400 Million. (more…)
Following in the wake of Christie’s premium increases last week, Sotheby’s auction house has announced that it will increase its buyer’s premiums to 25 percent for the first $100,000 spent; 20 percent for $100,000 to $1.9 million and 12 percent on all exceeding prices. The increase makes Christie’s a less expensive shopping option, and comes days after the news that Sotheby’s sales incomes have declined since last year. (more…)
Roy Lichtenstein, Whaam! (1963), via Tate Modern
Blazing a path through the world of contemporary and avant-garde art, Roy Lichtenstein stands as a giant of post-war painting, sculpture and conceptual art. Celebrating the artist’s position at the vanguard of 20th century art, the Tate Modern is hosting a massive retrospective of the artist’s work, the first of its kind since the artist’s death in 1997.
A number of paintings on the Berlin Wall’s East Side Gallery segment are under threat of demolition in the face of property development. The stretch of wall is slated for demolition to make way for a set of luxury condominiums, and would see see the disappearance of the infamous mural of Soviet and East German leaders Leonid Brezhnev and Eric Honecker (respectively) locked in a passionate kiss. “In this very place people died, and the idea of building luxury flats here would be like erecting a petrol station in front of one of Berlin’s museums,” said Sascha Disselkamp, manager of the Sage nightclub, who represents several high-profile Berlin nightclubs. (more…)
