March 8th, 2017

Christopher Wool, Untitled (1989), via Phillips
Taking its turn after a consistent offering yesterday at Christie’s, Phillips held its spring 20th Century Sale at its 30 Berkeley Square this evening, a 30-lot affair that saw a less measured evening by comparison, underscoring the auction house’s continued efforts to compete alongside the auction house giants, and the challenges it still faces in competing against these marquee sales . Scaling its offering back in comparison with full 60-lot offerings at the other sales, the house managed to move its premier works, while occasional struggles in placing lots overshadowed some of its larger successes. The sale saw 5 lots go unsold over the course of the evening, not counting two withdrawn lots, bringing a final tally of £14,660,000. Read More »
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March 7th, 2017

Mark Rothko, No. 1 (1949), via Christie’s
Following a few days pause for collectors to recover from the busy rush of Armory Week in New York, Christie’s has kicked off another week of major sales in London this evening, concluding its Post-War and Contemporary Evening offering with an unexpectedly energetic outing.
Critics and insiders watching the sale had said little on the auction house’s offerings this week, other than its focus in recent sales on Asian bidders, instead focusing primarily on the high percentage of guaranteed lots in Sotheby’s competing offering tomorrow night. Even so, Christie’s carried its own trove of guarantees, with at least 5 works promising third-party guarantees before the sale. The strategy seemed to pay off, as the evening’s lots moved swiftly and without issue, with only 3 lots failing to find a buyer, and ultimately bringing the sale to a final tally of £96.3 million.

Njideka Akunyili Crosby, The Beautyful Ones (2012), via Christie’s Read More »
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March 7th, 2017

Mark Rothko, No. 1 (1949), via Christie’s
With the proceedings of the Impressionist and Modern Evening Sale concluded this past week, attention turns to London’s Post-War and Contemporary Evening Sales, as a trio of auctions will look to test the waters in the early months of 2017. Boasting an impressively strong focus in particular on German art, the auction houses will seek strong results in a market that has seen noticeably turbulent, unpredictable results in the past months. Yet a recent bump in the London art market, driven by the weak pound, may see some unexpected results for the week’s offerings. Either way, the week should see each auction house battling it out for market share through aggressive guarantees. Read More »
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March 5th, 2017

NADA, via Art Observed
One could have been mistaken for assuming there wasn’t much a NADA New York fair during Armory Week could add to the already broad scope on both the city’s art scene and the international network that the week’s many fairs and openings already offered. Yet at the same time, NADA seems to have long prided itself on its surprises, and its first edition in Tribeca (away from its usual haunt at Basketball City on the Lower East Side) made for a timely update on the fair’s already sterling reputation in the art fair circuit.

Joani Tremblay at Projet Pangee, via Art Observed
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March 4th, 2017

Sascha Braunig, Hide (2015), via Art Observed
Currently on view on the ground floor of MoMA PS1, painter Sascha Braunig has compiled a body of work from the past five years of her practice, showcasing the range and depth of the artist’s investigations into the painted canvas, and her investigations into the act of portraiture. Working through a wide range of visual materials, Brauning’s swirling, twisting confrontations with the history portraiture, and modes of understanding the human form itself, open an intriguing dialogue with the Mark Leckey exhibition just upstairs, and underscore Brauning’s imaginative practice.

Sascha Braunig, Warm Leatherette (2015), via Art Observed
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March 4th, 2017

The Pursuit of It by Nicole Grammatico and Christina Papancolaou, via Art Observed
Marking a curator-first approach to the art fair format popping up around New York this week, the sixth installment of SPRING/BREAK Art Show opened Tuesday, February 28th at 4 Times Square, a departure from its usual space at the James A. Farley Post Office midtown. Drawing on a similar concept from last year, where rows of offices allow small-scale exhibitions spread throughout the fair, SPRING/BREAK continued the mission of its founders Andrew Gori and Ambre Kelly, a diverse, freewheeling look at the varied aspects of the city’s young arts community. Read More »
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March 4th, 2017

Richard Diebenkorn at Van Doren Waxter, via Art Observed
Returning to its home base at the Park Avenue Armory uptown, the ADAA’s The Art Show offers a moment to reflect amid the massive offerings of contemporary work spread out across the city. It is one of the few fairs dedicated not only to recent practices, but equally to a longer view of Modern, Post-War and Contemporary Art in relation to even broader historical analogs. This focus, in combination with a more selective, curatorial approach to the fair itself, and the more restrained atmosphere of the location, gives the Art Show its own appeal, one that presents itself as equally withdrawn from the broader bustle of the art world outside its walls, and more richly engaged with the history of the field that has ultimately produced the work spread across New York this week.

Noam Rappaport at James Fuentes, via Art Observed
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March 2nd, 2017

Independent NY, via Art Observed
Marking its eighth edition and second in its new home at Spring Studios in Tribeca, Independent NY opened shop this afternoon for another year operating in conjunction with the high-end glitz of the Armory Show several neighborhoods to the north. Offering a more nuanced, mellow browsing experience in conjunction with the fair’s invite-only exhibitor structure and immense glass windows, the fair has built a reputation as a boutique event with impressive draw, with this year only strengthening that appeal. Read More »
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March 2nd, 2017

Armory Show, via Art Observed
The doors are open and the 23rd edition of The Armory Show is underway in New York, kicking off the annual hustle and bustle of the March art calendar and its increasingly loaded week of fair sales, openings and events. Spread out across the lengthy convention center spaces on Piers 92 and 94 on Manhattan’s West Side, the fair, Benjamin Genocchio’s first as director, seems to have taken advantage of the fresh start afforded by its new leader.

Yayoi Kusama’s Platform Installation, via Art Observed
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March 1st, 2017

Gustav Klimt, Bauerngarten (Blumengarten) (1907), via Sotheby’s
Following a strong outing by Christie’s this week in London, Sotheby’s has taken its turn at the Impressionist, Modern and Surrealist markets, capping a tightly-run sale this evening that continued a week of unexpectedly strong outings for both auction houses, ultimately tallying a final of £177,022,250 for the auction house’s Impressionist and Modern sale (with 4 lots going unsold over the course of the evening), and £17,671,250 for its Surrealist sale shortly after (which saw only 2 lots go unsold). Read More »
| Comments Off on AO Auction Recap – London: Sotheby’s Impressionist, Modern and Surrealist Sale, March 1st, 2017 | | 