A Jeff Koons sculpture causing consternation to the owner’s neighbors, via Curbed
A hedge-fund king adorns his Upper East Side penthouse terrace with a huge sculpture of a diamond by Jeff Koons [NY Post]
In related: Two interviews where Jeff Koons speaks about his work, financial troubles due to custody battle after divorce and art market [Art Market Monitor]
At the Ace Hotel via New York Magazine
The new ACE Hotel in New York has commissioned a mural of 4,000 graffiti stickers collected in New York by the Bronx-born artist, Michael Anderson [New York Magazine]
Lehman Brothers selling its corporate art collection to contribute to the bankrupt company coffers [Bloomberg]
Terence Koh in in a wedding dress via Supreme Management
Terence Koh gets married to Garrick Gott in a wedding dress like his mother once wore [Supreme Management]
T-shirt, Terence Koh’s design via Pipeline
In related, “Hand-finished” limited edition T-shirts with a bullet scar by Terence Koh are now in sale at the Opening Ceremony [Pipeline]
Robert Stevens’ film depicting animal cruelty starts a lawsuit resulting in a debate around free speech in art community [Artinfo]
Nate Lowman at the Hydra Workshop via C-Monster
The artsy jet-set on the Greek Isle at the Hydra Workshop presenting works by New York “bad boy,” Nate Lowman [Hydra Workshop via C-Monster]
Auction Houses face a dilemma as the previously bullish market reduced the supply of quality works to a growing market [NY Times]
The Tate Britain is looking for a director [e-flux]
A rendering of Pier 57 via Hudson River Park River Trust
Youngwoo’s proposal will bring in the Phillips auction house to turn part of Pier 57Â into contemporary art galleries, the Tribeca Film Festival will program a movie theater and a two-acre park will be built on the pier’s roof [The New York Observer]
Reduced rents, spurred by a difficult economic climate, cause such galleries in L.A. as Gagosian, Blum & Poe, Susanna Vielmetter, and Cherry and Martin Roberts & Tilton to expand in Culver City [Art Review]
Zhang Huan to design Semele via Art Knowledge News
KT Wong Foundation commissions Chinese artist Zhang Huan to design and direct Semele opera in Belgium’s leading Opera House [Art Knowledge News]
French street artist, known as Zevs, arrested for painting a dripping Chanel logo above Armani boutique in Hong Kong; prosecutors ask for $861,000 to replace the affected facade [South China Morning Post]
Buyers battered by a credit crisis look for bargains in contemporary art, works by artists born post-1945 may be a smart investment [The Wall Street Journal]
The Fifer, Manet via Artinfo
While Musée D’Orsay is partially closed, de Young Museum in San Francisco will host two landmark exhibitions of Impressionist and Post-Impressionist art from the vast collection of the French museum [Fine Arts Museums of San Francisco]
The Palm Springs Art Museum’s contemporary art collection grows with a gift of 116 works by 66 artists including Donald Judd, Louise Bourgeois and Gary Hume [Los Angeles Times]
Cindy Sherman on cover of Men’s Vogue via Art is Alive
Cindy Sherman, on the cover of L’Uomo Vogue [Art is Alive]
An interesting editorial on the issue of London’s National Portrait Gallery battling Wikipedia for uploading the copyrighted reproductions of their collection [The Wall Street Journal]
Sam Taylor-Wood’s debut film, a John Lennon biopic, to close the London film festival [TimesUK]
Louvre, FIAC hosted at Louvre, Cour Carree and Grand Palais via Erco
In Paris the 36th edition of FIAC brings together 196 modern art and contemporary galleries from 21 countries [Art Daily]
In related, the Musée du Louvre launches the English version of its online collections database [NY Times]
Rocco Landesman awaits confirmation for his position as a chairman-designate to National Endowment for the Arts and is likely to start the job on firmer ground than any of his recent predecessors [The New York Times]
The Wassaic Project via The New York Times
The Wassaic Project, an elevator grain converted into an art gallery, attracts art and young curators to the small town Northeast of New York [The New York Times]
The Downtown branch of the Whitney museum designed by Renzo Piano should be ready in 2012 [The Villager]