Manhattan dealer Helly Nahmad has plead guilty to operating an illegal gambling ring, the Daily News reports.  Arrested earlier this year in a massive sting operation that nabbed 33 suspects, Nahmad’s plea deal is anticipated to include a fine of around $6.4 million, as well as a potential 12 to 18 months behind bars.  “It started as a hobby,” he said in court. “Unfortunately, it became a business. But it was never my main business.” (more…)

Julian Schnabel with May Andersen and Peter Brant, via Art Observed Staff

Painter, sculptor, filmmaker, Julian Schnabel is larger than life, and so are his artworks, some towering to two to three times the height of an average person.  The artist’s monumental works are currently being shown at The Brant Foundation Art Study Center, on view through March.  The exhibition captures the diversity of Schnabel’s work, from the many facets of his “plate paintings” to the table he designed for Francisco Clemente. By bringing Schnabel’s emblematic works together, the Brant Foundation offers a comprehensive look at how Schnabel has impacted the art world in a way that has not been attempted since the Whitney Museum’s retrospective show 26 years ago.

Julian Schnabel, The Walk Home (1985), via Art Observed Staff (more…)

The proceedings at Phillips with Alexander Gilkes at the rostrum, via Aubrey Roemer for Art Observed

Last night, Phillips auction house held their Contemporary Art Evening Sale art, in a packed salesroom. The sale exhibited a strong lead into the week of Contemporary art auctions, with 84% of lots selling by value, and 88% selling by lot. The 40 lots sold for a combined total of $68 million, including premiums, against an estimate of $65 – 97 million.

Kazuo Shiraga, Keishizoku (1961), via Ben Richards for Art Observed (more…)

Artist Marina Abramovic will be the subject of a 3-D portrait by artist Matthu Placek, set to be unveiled next month at the Art Basel Miami Beach fair.  Featuring Abramovic, standing in the center of her currently under-construction arts center in the Hudson, the work will screen at the”Jewel Box” pavilion in Wynwood, and will screen for free, every fifteen minutes from 6PM to late in the evening.  “I originally wanted it to be from dusk until dawn,” Placek says, “but we’ll probably have to shut it down a little earlier — maybe 3am.” (more…)

Painter and filmmaker Julian Schnabel was recently featured in the Wall Street Journal’s “20 Odd Questions” section, including the answer to why the artist so often paints “Bez,” the name of the Happy Mondays musician across many of his canvases.  “Why not?”  He asks.  He goes on to discuss more of his life and art, including his influences and inspirations.  “One thing that I admire about Picasso was how he changed the way he worked so many times. So did Matisse, Magritte, de Chirico. They were looking for another version of themselves in other forms,”  he says. (more…)

Gaga performs, via Paper

New Yorkers flocked to the Brooklyn Navy Yards on Sunday night for the long-rumored artRAVE party, celebrating the release of musician Lady Gaga’s newest album, ARTPOP, with a number of high-profile art pieces by Jeff Koons, Inez and Vinoodh, Marina Abramovic and Robert Wilson, among others, as well as a multimedia set by the pop star herself.   (more…)

Francis Bacon, Three Studies of Lucian Freud (1969), Image via Christie’s

Tonight, the week of Post War & Contemporary Art Evening Sales commence with Phillips kicking off the week long auctions. After last week’s mixed results in sales, with Christie’s and Sotheby’s hosting their respective Impressionist & Modern Art Sales, the contemporary art offerings will provide a more definitive litmus test of the international art market’s power and predilections. A great deal of press and attention has been drawn to the forthcoming sales, both nationally and internationally, attributed to exceptional offerings in all three houses, and a multitude of enormous price tags to accompany the museum-quality works.

Andy Warhol, Silver Car Crash (Double Disaster) (1963), Image via Sotheby’s (more…)

Yayoi Kusama, Infinity Mirrored Room – The Souls of Millions of Light Years Away (2013), via Daniel Creahan for Art Observed

One may recall the final room of The Whitney’s sprawling retrospective of Japanese artist Yayoi Kusama last year, stacked floor to ceiling with bold, brightly colored canvases.  Flourishing tentacles, patterns of eyes and teeth, cartoonish faces and swirling animalistic forms dominated the work, all delivered with a wide-eyed enthusiasm that made them hard to ignore.

Yayoi Kusama, My Heart (2013), via David Zwirner (more…)

Yayoi Kusama, INFINITY NETS [FBB] (2013), via Victoria Miro

Victoria Miro Gallery is currently opening its new Mayfair gallery with an exhibition of works by Yayoi Kusama‘s newest series of White Infinity Nets, intricate canvases covered almost entirely with white paint over a wash of black and grey.

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Korean artist Do Ho Suh has been named Wall Street Journal’s Art Innovator of 2013, recognized for his challenging explorations of space and material.  The artist is interviewed in the magazine this week, talking about his recent work with graphite rubbings.  “Rubbing is a different interpretation of space. It’s quite sensuous—very physical and quite sexual,” says Suh. “You have to very carefully caress the surface and try to understand what’s there.” (more…)

The founders of the Dia Art Foundation have filed a lawsuit against the organization, as well as auction house Sotheby’s, in order to keep the arts organization from selling parts of its collection this month.  The sales, set to take place this week in New York, include works by Barnett Newman, Cy Twombly and John Chamberlain, and are contested by the founders’s claims that the works were intended to remain publicly accessible.  “Dia’s proposed auction of the subject works would remove the works from public access and viewing in direct contravention of Dia’s entire intent and purpose and of plaintiffs’ arrangements and understandings with Dia,” founders Fariha and Heiner Friedrichs say in the complaint. (more…)

Artists Ai Weiwei and Olafur Eliasson have launched their collaborative Moon project, an online platform where users are allowed to browse a rotating orb, gradually covering it with their own art drawings.  “By connecting in spaces for imagination – by determining what to share and how to share it – we can create a greater outcome,”  the site reads.   (more…)

Philip-Lorca diCorcia, Mr. Briggs (2008), via David Zwirner

“People thought they could have anything.  And then it just blew up in their faces.”  So says photographer Philip-Lorca diCorcia in the press release for his show of works from the East of Eden series at David Zwirner, an ongoing series of photographs documenting what the artist calls the “collapse of everything.”

Philip-Lorca diCorcia, East of Eden (Installation View), via David Zwirner (more…)

The hotly contested painting Red, Black, and Silver has been authenticated as the final painting from artist Jackson Pollock, given to his mistress shortly before his death in 1956.  The painting had long believed to have been a Pollock, but was blocked from authentication by Pollock’s wife, Lee Krasner, who held a personal vendetta against his mistress, Ruth Kligman.  That changes today, now that authorities have found strands of Pollock’s hair in the canvas, as well as sand unique to the beaches around his East Hamptons home.  “The world was flat. Now it is round. It’s Galileo. Science can now be used to authenticate the art.  We are [tracing] the painting back to where it was executed. It’s very CSI.”  Says artist and Kligman estate trustee Jonathan Cramer.      (more…)

The story behind the collection of Nazi-looted artworks discovered in a Munich flat this week has taken a new twist, with the discovery that the works had toured the U.S. after World War II, the Wall Street Journal reports.  Part of the collection of Nazi propaganda director Hildebrand Gurlitt traveled to the United States as part of a larger show in 1956, reports illustrate, showing the increasingly difficult challenges of locating the artworks’ original owners. (more…)

The Wall Street Journal reports on MoMA’s efforts to move beyond a brick and mortar museum space, detailing its hiring of Paola Antonelli for the newly created position of Director of Research and Development, a post focused on revolutionizing the museum space through technological advances.  Antonelli’s work is seeing its first fruits with the launch of Design and Violence an online exhibition intended to spark discussion and discourse on various art objects and projects.  “This is truly the new aspect, the fact that it’s a two-way conversation,” Antonelli says. “It’s a departure point.” (more…)

The Marina Abramovic Institute has announced its latest project; a 24-hour reading of the 2004 fantasy novel The City of Dreaming Books, by Walter Moers, set for November 23rd at the Basilica Hudson.  This is Abramovic’s second entry in her marathon reading series, after an 8-hour reading of Stanislaw Lem’s Solaris.  “The Basilica has a very dramatic and industrial atmosphere that calls for one-of-a-kind and extreme events like this marathon reading,” Basilica Hudson creative director Melissa Auf der Maur said. “Marina and her team dreamed up this event, and naturally we opened our doors to them.” (more…)

A new spread in Harper’s Bazaar features the animated cast of artist Takashi Murakami’s film Jellyfish Eyes, as well as the artist himself, spending time around Los Angeles.  The set of photos includes the monsters walking dogs, eating at In N’ Out Burger, and eating ice cream, all with model Angela Lindvall.  “I’ve always really loved Murakami’s optimism,” says Harper’s Executive Director Laura Brown. (more…)

Kara Walker, Negress (Installation View), Courtesy Camden Arts Center

Currently on display in all three gallery spaces of Camden Arts Centre in London is a new exhibition  of works by American artist Kara Walker, which directly confront racial and gender tensions through familiar characters found in American culture, pop culture, and history.

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Pablo PIcasso, Tête de Femme (1935), via Sotheby’s

The fall New York auction season is set to commence this evening with Christie’s Impressionist and Modern Art Evening Sale, followed by Sotheby’s Impressionist and Modern Art Sale on Wednesday evening.  The following is a preview of sales of the week.

Fernand Léger, Élément Méchanique (1920), via Sotheby’s (more…)

Intense protest over the installation of Adel Abdemessed’s Zinedine Zidane sculpture in Doha, Qatar, has resulted in the removal of the piece from public exhibition, due to its “anti-Islam idolization.”  The piece, titled Coup de Tete, was installed at the beginning of October, caused such a public outcry among conservative citizens and politicians that it was removed less than a month later. (more…)

Artist Ai Weiwei has announced plans for a show of work at the former prison island Alcatraz in the San Francisco bay.  Weiwei is currently working on obtaining approval from the National Park Service, and if approved, would look to open the show in February of next year.  Little other information has been released. (more…)

Vanity Fair Magazine has unveiled an expansive survey of the world’s greatest living artists, with Gerhard Richter topping the list, and followed by Jasper Johns and Richard Serra.  The voting panel included a number of recognized artists, including Marina Abramović, Carl Andre, John Baldessari, and Fernando Botero. (more…)

A collection of 1,500 works, valued at over $1.3 Million, has been seized by the German Customs Agency in Munich after a raid on the son of an elderly Nazi associate.  The works, which include pieces by Max Beckman, Picasso and Matisse, were looted from Jewish owners in the years before and during World War II, with the intent of building an enormous museum for them in Austria.  “We went into the apartment expecting to find a few thousand undeclared euros, maybe a black bank account,” says one Customs spokesman. “But we were stunned with what we found. From floor to ceiling, from bedroom to bathroom, were piles and piles of old food in tins and old noodles. Behind it all these pictures worth tens, hundreds of millions of euros.” (more…)