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AO News Summary – New Haven: Yale University Basement Yields Possible Velázquez

Saturday, July 3rd, 2010

The Education of the Virgin, circa 1617, oil on canvas, which was recently reattributed to Diego Velázquez, at the Yale University Art Gallery. Image courtesy Yale University.–>

Just days after a Caravaggio masterpiece that had been stolen two years ago was recovered in Berlin, Yale University reported today that they have discovered a painting in their museum’s storage which could be attributed to 17th-century Spanish painter Diego Velázquez. In a statement released from the university, they relate that the discovery was made in the midst of a “multi-year preparation for a major renovation and expansion currently underway.”

In a thorough review of their vast holdings, this unsigned painting seems to have slipped under the radar, having been previously attributed to an “unknown 17th-century Spanish painter.” The work was donated to the Yale University Art Gallery in 1925 by two brothers, wealthy Yale alumni Henry and Raynham Townshend, whose family, from New Haven, had owned it for more than 40 years. At the time of donation, the provenance reports stated that the painting was 300+ years old and in poor condition, but after six years of recent study, the work has now been reattributed to the Spanish master himself, whose Las Meninas (1656) is one of the jewels of the Prado Museum in Madrid, Spain.

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AO AUCTION RESULTS: SOLID RESULTS AT CHRISTIE’S CONTEMPORARY ART EVENING AUCTION IN LONDON ON JUNE 30, WARHOL & KOONS ARE TOP LOTS

Thursday, July 1st, 2010


Image still from Christies.com video In the Salesroom: Andy Warhol’s Silver Liz, via Christies.com

The results of Christie‘s Post-War and Contemporary Art auction in London last night are a relief after this week’s lackluster Sotheby‘s auction and the let-down at Phillips de Pury & Co. on Thursday. The sale earned £45,640,200 against the pre-sale estimate of £40.9-58.1 million for 63 lots, selling 84% by lot and 85% by value (totals realized include buyer’s premium, estimates do not). The combination of higher-quality works, lower starting prices, and a greater variety of material presented is thought to have contributed to the success of the sale, even amidst a drop in the stock market.

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Breaking News: Charles Saatchi Donates his Gallery and over 200 works worth roughly $37.5 million to the UK to create London Museum of Contemporary art upon his retirement in 2012

Thursday, July 1st, 2010


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Tragic Anatomies
(1996) by Jake and Dinos Chapman, via Artnet

Renowned advertising tycoon and art collector Charles Saatchi, 67, announced today that he would gift the Saatchi Gallery and over 200 works of art to the nation. Located in the Duke of York Square in Chelsea, the gallery will be renamed the Museum of Contemporary Art London in 2012 once Saatchi retires. The works which will be donated total more than $37.5 million and are situated in a 70,000 square foot gallery, one of the largest spaces in the world. Among the works to be donated  include Tracey Emin‘s “My Bed” (1998), Jake and Dinos Chapman‘s “Tragic Anatomies” (1996), Richard Wilson’s oil room (1987), and Kader Attia‘s “Ghost” (2007).

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AO AUCTION RESULTS: DISAPPOINTMENT AT PHILLIPS DE PURY’S LONDON CONTEMPORARY ART AUCTION on june 29th AS THE SALE FELL SHORT OF PRESALE ESTIMATES

Wednesday, June 30th, 2010


Cover of the catalog for last night’s Contemporary Art auction at Phillips de Pury & Co showing Thomas Schutte’s Doppelkopf (1994), via Phillipsdepury.com

Last night’s Contemporary Art auction at Phillips de Pury & Co reinforced uncertainties regarding the present state of the Contemporary Art market, as the sale earned just £3,963,450 against the pre-sale estimate of £6,075,000-8,575,000 (totals realized include buyer’s premium, estimates do not). Of 45 lots offered only 24 found buyers, leaving 47% of the lots unsold. For comparison, last year’s Contemporary Art Auction at Phillips earned £5.1 million.

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AO News Summary – Berlin: Stolen Caravaggio Worth $100 million Recovered by German Police

Wednesday, June 30th, 2010

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Caravaggio, The Taking of Christ (or, The Kiss of Judas) 1573-1602, which was stolen two years ago and was recovered recently by German and Ukranian authorities.

German police announced Monday that a painting by Italian Renaissance master Caravaggio, rumored to be worth $100 million, was recovered after being nabbed from a Ukranian museum two years ago. According to the Associated Press, four suspects (three Ukranian nationals and one Russian) were arrested in Berlin as they attempted to sell the painting. Twenty additional suspects were arrested in the Ukraine in connection with the theft.

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AO AUCTION RESULTS: FEW SURPRISES AT SOTHEBY’S CONTEMPORARY EVENING AUCTION JUNE 28 LONDON

Tuesday, June 29th, 2010


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Sotheby’s Evening Contemporary Art Auction in Progress, via Sothebys.com

With the audience being described as “dazed” and “fatigued,” excitement was sparse at yesterday evening’s Contemporary Art auction at Sotheby’s in London. The sale realized a total of £41,091,800, well within the £32-52 million estimate (total realized includes buyer’s premium, estimates do not).  The sale had a sell-through rate of 83% by lot and 87.3% by value, while 45.4% of lots sold above their high estimates.


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Yves Klein, MG 42, 1960 (estimate £200,000-300,000, realized £481,250), via Sothebys.com

The headlining work, Yves Klein’s RE 49, sold for just over £6 million (estimate £4.5-6.5 million) after three minutes of bidding from four interested buyers.  The other Klein canvas for sale yesterday evening, MG 42, realized a price of £481,250, above its pre-sale estimate of £200,000-300,000. Though the works performed reasonably well, there is still concern that the market might be tiring of them. “There are too many Kleins and Fontanas in these auctions,” Dusseldorf-based art adviser Jorg-Michael Bertz said, in conversation with Bloomberg reporter Scott Reyburn. “We need a rest from them.”

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AO On Site Report #2 – Art Basel, Switzerland, Focus on Quality Drives Buyers

Friday, June 18th, 2010


Team Gallery Booth at Art Basel 2010, Image via Art Basel.

AO is on site at Art Basel, Switzerland, where Wednesday marked the official, public opening of the international show.  On the roster was an inaugural Conversation Series speech by Paul McCarthy, an Art Film at Stadtkino Basel, and an Artist’s Talk with Rodney Graham at Kunstmuseum.  If the congenial and thronged atmosphere hadn’t tipped us off to the anticipation surrounding this year’s exhibitions, Tuesday’s sales would have been a clear indication.   A $15 million Picasso 1960 plaster maquette, Personnage, was snatched up immediately from Krugier Gallery by one of the VIP guests (an American collector) invited to Basel’s early opening, as was a line drawing by the same artist, one by Egon Schiele, and paintings by Max Ernst and Paul Klee. Sara Kay of the Geneva- and New York-based Kugier Gallery was unable to disclose the buyer of yesterday’s Picasso sale, but ten minutes after the purchase’s confirmation noted to Art Info that “[The] piece went to a very important collector with the best modern masters.  This is museum-quality, not trophy-level. It’s a very serious piece.” Skarstedt Gallery also enjoyed a  meritorious patronage yesterday, with sales including a Christopher Wool painting, Untitled, for $800,000, a Barbara Kruger photograph for $700,000, a Cindy Sherman piece for $500,000, and two works by George Condo: The Madman and The Colorful Banker, which fetched $375,000 and $225,000, respectively.  Hufkens Gallery sold a Louise Bourgeois etching, A Baudelaire (#7), which the late artist completed several months before her death in May, for $650,000 to a European collector.  Cheim & Read boasted a lucrative afternoon as well, with sales including a $2 million Joan Mitchell abstraction, a $125,000 Sam Francis drawing, a $100,000 Ghada Amer painting, Paradise, and a 28-strong Bourgeois watercolor series, Les FleursLisson Gallery sold two Anish Kapoor‘s for $742,000.  Richard Prince‘s Student Nurse brought Gagosian $4.2 million, and Paul McCarthy’s bronze suites–Sneezy and Dopey–yielded Hauser & Wirth a combined total of $3 million. Blum & Poe sold a dyptich by Takashi Murakami for $1 million. White Cube reportedly sold six of Damien Hirst‘s new paintings, as well as Hirst’s “Memories of Love,” valued at $3.48 million. Lehmann Maupin sold two neon works by Tracey Emin, each for $74,000.


Damien Hirst, ““Memories of Love,” at White Cube’s booth, sold for $3.48 million. Image by Art Observed.

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AO Breaking News: Sigmar Polke Dies at age 69 in Cologne

Friday, June 11th, 2010


Sigmar Polke in his studio, 2007.  Albrecht Fuchs for The New York Times.

Sigmar Polke, the founder of the Capitalist Realism (Kapitalistischen Realismus) movement in Germany in 1963,  passed away yesterday in Cologne, Germany. Polke was 69, and passed away due to complications of cancer, as his dealer Erhard Klein confirmed. Polke was a painter, photographer, and printmaker who created multi-layered works combining elements from American Pop art, abstraction, parodies of consumer society, and a subversive use of materials. Polke’s experimentation with technology, and his hybridization of artistic influences was highly influential for generations of German artists.

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Go See – New York: Vija Celmins at McKee Gallery through June 25th, 2010

Monday, June 7th, 2010


Blackboard Tableau #1, Vija Celmins, 2007-2010. 3 found tablets, 7 made tablets, wood, paper, string, acrylic, alkyd oil, and pastel. Image via McKee Gallery.

Vija Celmins’ first gallery show in nine years features paintings, prints, and sculptures.  At the core of the exhibition are Celmins’ assemblages of neatly arranged objects that recall an outmoded and cerebral academic youth: globes, maps, tablets, and books, are bronze-cast or painted. Celmins presents 16 such objects, in addition to 4 paintings and 9 new prints.  Her exhibition at the McKee Gallery characteristically combines the personal and terrestrial with the cosmic.

More text and images after the jump…

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AO Breaking News: Louise Bourgeois Dies Today at age 98 in New York

Monday, May 31st, 2010


Louise Bourgeois in her Brooklyn studio in 1992. Photo courtesy The New York Times.

Louise Bourgeois, one of the world’s most celebrated sculptors, passed away today at the age of 98. The news was announced by an Italian foundation preparing an exhibition of the artist’s work in Venice, and was confirmed by Wendy Williams, the managing director of the Louise Bourgeois Studio. The cause of death was heart attack, and occurred at the Beth Israel Medical Center. Bourgeois was a leader of feminist art, and is known most recently for her large-scale metal spider sculptures, as well as psychologically-charged roughly-textured depictions of sex organs.


Bourgeois’s 30-ft spider sculpture outside the Tate Modern in 2007. Photo courtesy the BBC.

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AO On Site – New York: Miranda July's "Eleven Heavy Things" at Union Square, through October 3rd, 2010

Saturday, May 29th, 2010

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This weekend marks the opening of author, artist, and filmmaker Miranda July‘s sculpture installation of Elven Heavy Things in Union Square Park, New York. Originally shown at the Venice Biennale in 2009, the work consists of eleven fiber-glass and steel lined pieces that invite viewer participation to complete the piece–to stand on pedestals inscribed with phrases like What I Look Like When I’m Lying, The Guiltiest One, and We Don’t Know Each Other We’re Just Hugging for the Picture…, place limbs through holes in the sculptures, and stand beneath headdresses. These actions transform the works from still sculptures into interactive, performance based works. July encourages visitors to photograph themselves posing with the sculptures, and to then upload them to websites, sharing them with friends. July explains that once the photographs are shared, “the audience changes, and the subject clearly becomes the participants, revealing themselves through the work.”

more images and links after the jump…

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AO News RoundUp: Five Modern Masterpieces, valued at up to $613 million, stolen from the Museum of Modern Art in Paris

Friday, May 21st, 2010


La femme a l’eventail (Lady with fan), Amedeo Modigliani

During the early hours of the morning on Thursday, May 20, five paintings by Picasso, Matisse, Georges Braque, Amedeo Modigliani and Fernand Léger were stolen from the Paris Museum of Modern Art (MAM – Musée d’Art moderne de la Ville de Paris). CCTV caught a single masked intruder entering the museum by a window, removing the works from their frames and then leaving with the loot, all in under fifteen minutes. The stolen works are Henri Matisse’s La Pastorale, Georges Braque’s L’olivier pres de l’Estaque, Amedeo Modigliani’s Woman with a Fan; Fernand Leger’s Still Life with Chandeliers; and Pablo Picasso’s Le pigeon aux petits-pois (The Pigeon with the Peas) – an ochre and brown Cubist oil painting that is estimated to be worth €23 million alone. Various reports have valued the missing works at anywhere from €100 million to €500 million ($126–635 million) – dealers and officials are currently debating the price of the works that had long been held in the public trust. This morning, embarrassed officials at the City Hall in Paris outlined a number of significant security blunders that made pulling off “one of the biggest thefts in art history” as simple as removing a reinforced window. The City Hall officials, who were officially in charge of the permanent collection, admitted that a partial malfunction of its alarm system had been reported on March 30, at which point it was shutdown without repair. Furthermore, Paris prosecutors confirmed that the entire theft was captured on film, but security guards have told police that they ‘saw nothing’, prompting investigators to believe they had been asleep. Ordering an ‘internal administrative inquiry’, the city’s mayor, Bertrand Delanoë, told the UK’s Daily Mail that ‘all have questions to answer.’


Police officers search for clues on the frames of the stolen paintings outside the Paris Museum of Modern Art yesterday. Image via WSJ

More images and a full round-up of links after the jump….
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Go See – New York: Picasso ‘Picasso in the Metropolitan Museum of Art,’ The Metropolitan Museum of Art through August 1st, 2010

Friday, May 21st, 2010


Seated Harlequin, Pablo Picasso, 1901, via the Metropolitan Museum of Art

Picasso in the Metropolitan Museum of Art” exhibits 300 pieces from 25 donors, including 34 paintings, 58 drawings, a dozen sculptures and ceramics, and 200 prints, all of which come from the Metropolitan’s own repository.  Nearly every Pablo Picasso that the Met has amassed was used to compile this landmark exhibition, with works displayed dating from 1900 to 1968.  The Met is presenting several hundred works on paper that have never been seen by the public.

More text, photos, and related links after the jump. . .
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Go See – New York: Claude Monet – Late Work at Gagosian Gallery on 21st Street through June 26, 2010

Thursday, May 20th, 2010


Claude Monet “Le pont japonais”, 1918-24. Oil on canvas, 35 x 39 1/2 inches, (89 x 100 cm). W.1924, MM 5091. Musee Marmatton Monet, Paris. Photo courtesy Gagosian Gallery.

Erase from your mind what you knew about waterlilies. Currently on view at Gagosian Gallery’s location on 522 West 21st Street is Claude Monet: Late Works. Straying from the artist’s better-known pastel-infused palette, the exhibition brings together 27 late canvasses with bold hues and scintillating color combinations. Many of these paintings were never exhibited in the artist’s lifetime, and some remained hidden as recently as the 1950s. Beautifully curated by Monet scholar Paul Hayes Tucker, this exhibition follows in the line of museum-quality shows the Gagosian has mounted in recent years. The gallery’s walls, transformed into elegant lavenders and greys, serve as the perfect backdrop for these exquisitely raw landscapes.

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Go See – New York: Pablo Picasso ‘Picasso: Themes and Variations,’ Museum of Modern Art through August 30th, 2010

Monday, May 17th, 2010


The Bull, state VII (Le Taureau), Pablo Picasso, December 26th, 1945. Lithograph, Museum of Modern Art, via the MoMA.

“Picasso: Themes and Variations,” at the Museum of Modern Art on West 53rd Street, presents 123 prints from the museum’s collection, representing the major developments in Pablo Picasso’s work and providing insight into decades worth of artistic experimentation.  The exhibition explores the artist’s creative process, following his prints from the early 1900’s Blue and Rose periods through his Cubist discovery.  The collection spans almost 20 themes, including animals, saltimbanques, and mistresses.

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AO News – New York: New York Gallery Week begins today May 7 through May, 10th 2010

Friday, May 7th, 2010

In an attempt to encourage the public to visit gallery exhibits, Casey Kaplan, David Zwirner, Friedrich Petzel, and other gallerists organized the first ever New York Gallery Week occurring this weekend from May 7-10th 2010. The event brings together fifty galleries and non profit organizations, spanning Chelsea, Midtown, SoHo, the Lower East Side, and the Upper East Side. In addition to the galleries remaining open for extended late hours and on Mondays, the events program includes numerous free lectures, performances, book signings, panel discussions, and gallery tours with prominent art historians and gallerists.  Art Observed will be on site to selectively cover the happenings.

More on the event after the jump…

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AO Onsite Auction Results – New York: Art Market History witnessed at Christie’s Impressionist/Modern evening sale

Wednesday, May 5th, 2010


Les buveurs d’absinthe (Les Déclassés) by Jean-Francois Raffaelli quadruples its pre-sale estimate of $400-600,000 and sells for $2,994,500 at Christie’s Impressionist/Modern sale.  Photo by Art Observed.

The art market received another, enormous boost of confidence last night at Christie’s Impressionist and Modern evening sale, as Picasso’s Nude, Green Leaves and Bust (1932) sold to anonymous telephone bidder for a record-breaking $106,482,500. The staggering price comes hot on the heels of Sotheby’s historic sale of Alberto Giacometti’s iconic bronze, L’Homme Qui Marche I (1961), for $104,327,00 in February this year. The Picasso helped drive the sale’s overall total to $335,548,000, making it the third biggest sale ever witnessed at Christie’s in New York.  Of the 69 lots offered, 56 sold with over 30 lots exceeding $1 million, and of those, 9 exceeded the $10 million mark. Nude, Green Leaves and Bust was part of a 27-lot single-owner sale from the collection of Mrs. Sidney F. Brody, a noted Los Angeles collector.  The Brody group was 100% sold by lot and value and realized $224,177,500 making it the biggest single-owner sale offered at Christie’s New York, surpassing the landmark sale of the Collection of Victor and Sally Ganz sale in 1997, and coming second only to the mammoth Yves Saint Laurent/Pierre Berge sale that made $443 million at Christie’s, Paris in February 2009.

More images, a detailed report and related links after the jump….
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AO Breaking Auction News: Record $106.5 million paid for Pablo Picasso's 1932 portrait of his mistress at Christie's, New York

Wednesday, May 5th, 2010


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Nude, Green Leaves and Bust, Pablo Picasso

A 1932 portrait of Picasso’s busty mistress, Marie-Thérèse Walter, titled Nude, Green Leaves and Bust, became the most expensive work of art ever to sell at auction this evening when it realized $106,482,500 at Christie’s Impressionist and Modern evening sale. The previous record was set only three months ago when Alberto Giacometti’s bronze sculpture L’homme qui marche I went for $104,327,006 at Sotheby’s Impressionist and Modern Evening Sale in London. Estimated to sell for $70 to 90 million, bidding for the much-talked-about from the estate of the Los Angeles philanthropist Frances Lasker Brody started at $58 million, eventually hitting the $95 million mark after nine minutes of furious contest between eight rivals – buyers premium takes the price of the painting to the record-breaking figure. The eventual winner was an anonymous client on the telephone with Nicholas Hall, International Department Head of Old Master Paintings at the auction house.

More news from the sale will follow shortly..

`BAD’ IS ALMODOVAR AT HIS INGENIOUS BEST

The Boston Globe (Boston, MA) December 22, 2004 | Wesley Morris, Globe Staff The last shot of Pedro Almodovar’s “Bad Education” is a close-up of the word “passion.” For anybody who’s had the pleasure of luxuriating in one of his movies, that’s a glorious redundancy like “Nightline” deciding to end its broadcasts with a shot of the word “news.” “Bad Education” is all-consumed with passion, and the way it brings out the crazy, the bad, and the beautiful in people. This is a brilliantly structured hall of mirrors that wraps Catholicism and the movie industry into a tasty film noir. It’s Almodovar’s most ingenious movie since the days of his punk experiments in 1980s Madrid, where, incidentally, a lot of this movie unfolds.

After a credit sequence that pays direct homage to Saul Bass and his opening titles work for Hitchcock, we move right into the office of Enrique (Fele Martinez), a film director cruising the newspaper for a movie idea. In walks his childhood friend Ignacio (Gael Garcia Bernal). The two were paramours in Catholic school in the mid-’60s until Father Manolo, a priest obsessed with the angelic choirboy Ignacio, expelled Enrique from the boys’ self-made Eden so he could have Ignacio to himself. go to website movies to watch

In the 16 years since they last saw each other, Ignacio, now a starving actor who wants to be called Angel, has written a screenplay about their childhood. He wants Enrique to direct the script, called “The Visit.” The director takes it home to read while Almodovar transports us inside its pages.

Ignacio/Angel is now a transvestite/junkie/prostitute named Zahara, whom we meet performing in a dive bar. The audience is less than riveted, which is a put-on because Bernal is so utterly mesmerizing in drag. (His performance in pants is also audacious). What’s especially astounding about Bernal in a curly red wig is the way it hilariously consolidates the movie-star universe: Zahara could be Julia Roberts’s “Pretty Woman” hooker trapped in the same body as Veronica Forque, the star of Almodovar’s 1993 “Kika.” On their way home Zahara and her raunchier girlfriend Paca (the great Javier Camara) run into a very drunk hunk who’s falling over on his motorcycle. It’s Enrique, the movie-in-the-movie’s version, played by a different actor. The encounter reminds the destitute Zahara of their mutual troubled past. She shows up at their old school and tries to blackmail Father Manolo (Daniel Gimenez-Cacho) to pay for his past transgressions. website movies to watch

Enrique is drawn to this and everything else in Angel’s script, including its memory of those beautiful, doomed school years. He even overlooks the depiction of him as a cheap trick, presumably because he knows good material when it lands on his desk. Angel, meanwhile, wants to play Zahara, but Enrique doesn’t think he’s woman enough. Angel pulls out the figurative casting couch and tries to change Enrique’s mind.

Precious little in “Bad Education” is what it appears to be. As the layers of deception are peeled away, the movie begins to defy a satisfying synopsis. (You try explaining a jigsaw puzzle!) Then again, Almodovar doesn’t make movies to summarize, he make movies to watch. That sounds self-explanatory, I know. But the stories here are inextricable from the sounds and images Albert Iglesias did the haunting music, Jose Luis Alcaine the luscious photography and most of the images defy easy description. When someone falls over dead into the keys of a typewriter, its metallic arms fly toward the screen in an operatic burst and then collapse back into place. “Bad Education” is a movie so vividly constructed that its greatness lies just outside meer words, anyway.

It’s tempting to think in the initial passages we see of “The Visit” that what’s unfolding is Enrique’s vision of how his movie will go. But if you buy that he’s a stand-in for Almodovar at the birth of his film career, then that’s impossible. There’s no way he’d be as incredible a filmmaker then as Almodovar is now.

This is the movie the director has been leading up to since he turned a corner in 1995 with “The Flower of My Secret.” The elements of his outlaw days that produced such early highs as “What Have I Done to Deserve This” and “Law of Desire” are still intact; the farcical volume of “Women on the Verge of a Nervous Breakdown” and “High Heels” has been turned down; and the perfume and occasional preciousness of “All About My Mother” and “Talk to Her” has faded.

“Bad Education” is a marvelously dirty, ultimately heartbroken movie about, among other things, the instability of identities. After Ignacio’s first sexual encounter with Father Manolo, the screen splits in two, dividing along the trickle of blood on the boy’s forehead and warning us that, psychologically, he is irreparably broken.

Almodovar’s own filmmaking identity has evolved dramatically through the years. His movies typically disguise themselves as lurid. But what’s always made him a terrific artist and great entertainer is his gift for finding human sadness and great beauty in what on the surface looks trashy. He pulls this off without seeming tasteless, naive, or cheap.

The achievement of “Bad Education” is its surprising emotional truth, which Almodovar introduces through innocent kids and complicates with exploitative adults. Young Ignacio and Enrique have what looks to be a perversely premature connection (how old are they again?), but it’s the purest mutual love I’ve ever seen in an Almodovar film, however short-lived it is.

When their religion fails them (and therefore their schooling), they find a new church and a new classroom in the only place of worship and higher learning that matters to Almodovar: the movies.

Wesley Morris can be reached at wmorris@globe.com .

Wesley Morris, Globe Staff

AO Auction Preview – New York: The Spring Auctions begin tonight with the highly anticipated sale of Picasso’s ‘Nude, Green Leaves and Bust’

Tuesday, May 4th, 2010


Nude, Green Leaves and Bust, Pablo Picasso (1881-1973)

The spring auctions in New York, which form the bellwether of the art market, get under way tonight with the Impressionist and modern art sale at Christie’s.  Over the next two weeks, Sotheby’s, Christie’s and Phillips de Pury & Co are offering up to $1.2 billion of Impressionist, modern and contemporary art – twice as much as they sold last May. During the Impressionist and modern evening sales in May 2009 only three works carried price tags of $10 million or more – this month 10 works by Edvard Munch, Alberto Giacometti, Pablo Picasso and others are priced as high. Another six works are expected to fetch at least $5 million, up from four a year ago.  Judging by these optimistic pre-sale estimates, the auction houses clearly hope that things will play out as they did three months ago in London when Sotheby’s set the record for any work of art ever sold at auction with the $104 million sale of Alberto Giacometti’s L’Homme qui marche I to Lily Safra, wife of the late Lebanese banker Edmond Safra.  Now a Pablo Picasso nude bears the largest pre-sale estimate in history ($70m to $90m) and an anonymous third-guarantor who has agreed to bid at least $70 million (that’s more than the auction house got last fall for its entire evening sale of Impressionist and modern art). Christie’s are set to dominate the fortnight because of two art-stocked estates. Tonight, paintings and sculptures owned by the late Los Angeles collector Frances Brody are expected to fetch as much as $194 million.  98 lots from the estate of the bestselling author and filmmaker, Michael Crichton, are estimated to sell for as much as $75 million and form the backbone of their Post-War and Contemporary Art Evening Sale on Tuesday, May 11.

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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.

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AO Onsite: BOMB Magazine’s 29th Anniversary Gala & Silent Auction at the National Arts Club, New York – Tuesday, April 27, 2010

Wednesday, April 28th, 2010


Honoree Gabriel Orozco (with Matthew Barney behind) at BOMB magazine’s 29th Anniversary Gala & Silent Auction at the National Arts Club, New York   All photos by Oskar Proctor for ArtObserved

Last night, BOMB magazine kicked-off their 29th Anniversary Gala at the National Arts Club in New York with a Silent Auction. Since the magazines’ founding in 1981, its pages have featured over 900 interviews comprised of 1,800 artists’ voices. Many of the featured artists contributed works to last night’s auction which featured both renowned and emerging names such as Alex Hubbard, Joan Jonas, Nan Goldin, Alex Katz, Julie Mehretu, Roxy Paine, Guy Maddin, Richard Serra, Joel Shapiro, Carrie Mae Weems, most of whom were in attendance. At 7.30pm, attendees were called to honor 4 individuals whose work and vision speak directly to BOMB’s mission of creative excellence. Rob Pruitt raised slices of toast to Honorees Cecily Brown and her husband, the New York Times architecture critic Nicolai Ouroussoff.  Brice Marden introduced the next Honoree artist Gabriel Orozco while Matthew Barney toasted honoree Nancy Spector, curator of Contemporary Art at the Guggenheim.  Along with Rob Pruitt’s generous offerings of slices of golden toast, the honorees were presented with “Pink Bomb” awards created by sculptor Tom Otterness.


Brice Marden introducing Honoree Gabriel Orozco

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AO On Site – New York: Antony Gormley’s “Breathing Room II” at Sean Kelly Gallery, through May 1, 2010

Tuesday, April 13th, 2010


Antony Gormley, Breathing Room II, 2010. Installation view with lights off.

Currently on show at the Sean Kelly Gallery is an exhibition of new works by the preeminent British sculptor Antony Gormley.  This exhibition acts as a welcome compliment to Gormley’s current public art installation, Event Horizon, in Madison Square Park, continuing his career-long exploration of the human body in space. Conversely to Event Horizon, the Breathing Room exhibition investigates the human body confined within the boundaries of architecture. What is more, Gormley’s work is ostensibly the visual representation of how the body exists as a “bounding box of the mind” [Sean Kelly Gallery Press Release] and how architecture becomes fortification for the body.  Thus he draws parallels between the body and architecture, which are particularly well articulated in this exhibition.


Antony Gormley, Breathing Room II, 2010, Installation view with lights on.

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Don’t Miss – Athens: Pablo Picasso “Experiments in Linogravure” at Gagosian Gallery, Athens through April 10, 2010

Thursday, April 8th, 2010


Faunes et chèvres by Pablo Picasso  1959   All images via Gagosian Gallery unless otherwise noted

Currently on view at Gagosian Gallery, 3 Merlin Street, Athens is an exhibition titled ” Pablo Picasso:Experiments in Linogravure”. This comprehensive  show explores the late Picasso’s experiments with linogravure, a particular kind of printing technique that he favored during the final years of his creative activity. The exhibition is on view until May 1, 2010.

More texts, images and links after the jump… (more…)

AO News: Towering Sculpture by Anish Kapoor revealed as monument to mark London 2012 Olympics

Thursday, April 1st, 2010

A spiraling sculpture designed by Turner Prize-winning artist Anish Kapoor, in collaboration with leading structural designer, Cecil Balmond, has been chosen as the monument to mark the London 2012 Olympic Games. When finished, the 377-foot sculpture will stand taller than Big Ben or the Statue of Liberty and is set to dominate the east London landscape, perhaps as a permanent attraction for generations to come.  Kapoor and Balmond’s Orbit, which will be placed between the aquatics center and the main stadium, was chosen from a shortlist of three, beating tower-based bids by the artist Antony Gormley and the architects Caruso St John.Indian steel magnet, Lakshmi Mittal, is providing about $24 million of the total cost of the structure, with the remaining amount coming from the Greater London Authority. From the beginning, the award of the Olympics to London has been regarded as bad news and so, the unveiling of this colossal monument has provided much opportunity for jestering. Officially titled ArcelorMittal Orbit, suggested nicknames are rolling in thick and fast: The Guardian favored suggestions such as ‘The Leaning Tower of Umbilical Cord’, another suggested ‘Hubble Bubble’ or the ‘Colossus of Stratford’

A full round-up of links after the jump……
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