Global contemporary art events and news observed from New York City. Suggestion? Email us.

AO On Site Auction Results – New York: Christie’s Post-War and Contemporary Sale Tuesday November 10, 2009 – Top Lots Go Unsold

Wednesday, November 11th, 2009


Large Vase of Flowers, Jeff Koons. Sold by Benedict Tashcen to Dominique Levy for $5,682,500. All images via Christie’s

Last night Christie’s, New York brought-in a total of $74,151,500 from the sale of 39 lots at their Post War & Contemporary sale. While this figure falls within the pre-sale estimate of $64 – 88 million, and an impressive 21 lots sold for over the $1million mark, the sum is still a strong step down in comparison to that acquired from last year’s Fall Contemporary Auction at Christie’s which brought in $113.6million for a 43 lot sale.  In the end, major marquee works went unsold.  After a remarkable Impressionist and Modern auction at Sotheby’s last week, rumors were flying that the Art Market was flourishing once again – however, it now appears that the art world may have spoken too soon.


Reflection (What does your soul look like),Peter Doig

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AO On Site Auction Results – New York: Sotheby’s Impressionist/Modern Sale November 4, 2009 – “An Incredible Thing to Experience”

Thursday, November 5th, 2009


Jeune Arabe, Kees Van Dongen (1877) sold for $13.8 million – a new record for the artist

In contrast to the slim pickings made available to buyers at Christie’s Modern and Impressionist Evening sale on November 3, last night’s sale at Sotheby’s offered many iconic works that had bidders excited and which resulted in an auction that Simon Shaw, Head of Sotheby’s Impressionist and Modern Art Department in New York described as “a shot in the arm for the art market. A real vote of confidence.” The evening’s auctioneer Tobias Meyer, Sotheby’s Worldwide Head of Contemporary Art, commented that after all his time at Sotheby’s he had never seen such an active sale. And indeed it was, with a grand total of $181,760,000 over a high-end estimate of $163,600,000, this sale marked the first time since May 2006 that Sotheby’s in New York have exceeded their top estimate.


L’Homme qui Chavire, Alberto Giacometti – an instantly recognizable icon of the modern era cast in 1951. Sold for a remarkable $19,346,500.

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Newslinks for Wednesday November 4th, 2009

Wednesday, November 4th, 2009


Performa 09 party via Artinfo

-To benefit Performa 09, party designer Jennifer Rubell invites 600 guests to “Creation” held at X Initiative in Chelsea in New York, where 3,600 drinking glasses, a pyramid of unshelled peanuts and 2,000 pound hillock of honey-soaked ribs were among the excess of food being served (Performa 09/ Food for Thought) [The Moment]

-In related, To mark the start of Performa 09 MoMA invited Fischerspooner to stage a show (Performance Art Enters the Museum) [Artinfo]

-In related, At Haunch of Venison in New York Marina Abramovich, Leandro Erlich, Mickalene and Rob Wynn pair with NYC pastry chefs to create performances; cakes were served by topless models (Kreemart or Cream Art Performance at Haunch of Venison) [NY Art Beat]

-Bikes used by Lance Armstrong and with frames designed by contemporary artists fetch $1.3 million at auction in Sotheby’s, among them Damien Hirst’s sold for $500,000 (Armstrong’s Tour de France Bikes Fetch $1.3 Million at Auction) [Bloomberg]

To stay apprised of most of the relevant art news for this past week… (more…)

AO On Site Auction Results – New York: Christie’s Impressionist and Modern Evening Sale, November 3, 2009

Wednesday, November 4th, 2009


Danseuses, Edgar Degas (1896) all images via Christie’s

Last night, November 3, the fall auction season in New York kicked-off at Christie’s with their Impressionist and Modern evening sale – the smallest since May 2004. While vigorous bidding wars ensued for the finer pieces in the sale, there was no escaping the deathly silence that occurred when auctioneer, Christopher Burge, called for bids on a number of the auction highlights which included works by Camille Pissaro, Henri Matisse and Pablo Picasso, that eventually went unsold. Of the 40 lots on sale, 28 sold – making the overall total of $65,674,000, under the low-end estimate of $68,650,000.

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AO Auction Preview – New York: The Fall Modern and Impressionist Auctions Begin Tonight at Christie’s

Tuesday, November 3rd, 2009


TeÌ‚te de femme, Pablo Picasso (1943) estimated to sell for between $7,000,000 and $10,000,000 at Christie’s Modern and Impressionist evening sale tonight. via Christie’s

Christie’s Modern and Impressionist sale this evening, November 3, marks the beginning of the fall auction season in New York. Headlining tonight’s sale are works by Edgar Degas, Claude Monet, Piet Mondrian and Henri Matisse. Tomorrow Sotheby’s will follow with their Modern and Impressionist evening sale which is highlighted by Alberto Giacometti’s bronze Falling Man, estimated to sell for $8 million – $12 million along with works by Pierre-Auguste Renoir, Camille Pissarro and Giacometti’s fellow modern masters Wassily Kandinsky, Joan Miró and Pablo Picasso. The combined total of the evening and day sales from both auction houses is estimated at as much as $607 million, down from $1.7 billion just two years ago.

ArtObserved will be on site to cover the proceedings on twitter at the show and in a review tomorrow. We are set to continue our auction season coverage next week when the Contemporary sales kick-off on Tuesday, November 10, at Christie’s, Sotheby’s and Phillips de Pury & Company.


L’Homme Qui Chavire (Falling Man), Alberto Giacometti (1951) via Sotheby’s

Related Links:
Christie’s Homepage
Sotheby’s Homepage
Christie’s Impressionist/Modern Evening Sale – Tuesday, November 3, 2009 – E-Catalogue
Christie’s Impressionist/Modern Day Sale – Wednesday, November 4, 2009 – E-Catalogue
Sotheby’s Impressionist and Modern Art Evening Sale – Wednesday, November 4, 2009- E-Catalogue

Sotheby’s Impressionist and Modern Art Day Sale -Thursday, November 5, 2009 – E-Catalogue
On The Block: Traditional Offerings, Bargain Prices [NYTimes]
New House, Taschen Risking Low Prices for Art at Fall Auctions [Bloomberg]
New York Sales Preview [ArtInfo]
Up For Auction [NYTimes]
The Art World Goes Local [WallStreetJournal]
Art World Watching Sales Starting Next Week for Hints of Market Recovery [Financial Post]
As Art Auctions Shrink, Big Houses Look to the Future [Reuters]
The Art Market: Distress Sales, Iron Curtain Art and France’s Turner Prize [Financial Times]

AO News: Winners of ‘Rob Pruitt Presents: The First Annual Art Awards’ Announced at Ceremony at the Guggenheim Museum

Friday, October 30th, 2009


The First Annual Art Awards via Guggenheim.org

Last night, October 29, marked the inauguration of a new annual art event: Rob Pruitt presented The First Annual Art Awards at the Solomon R. Guggenheim Museum, New Yorkin association with the city’s oldest alternative art space, White Columns.

The awards were conceived by artist, Rob Pruitt, as a performance-based artwork; for the occasion he recruited the characters of Index Magazine’s wry satirical web series, Delusional Downtown Divas. The New York Times have reported that “…the Divas schemed to infiltrate the art establishment by any means possible. In one segment they pitched a tent in the Guggenheim, doing their laundry in the lobby fountain.”


Jeffrey Deitch and Kembra Pfahler at The First Annual Art Awards at the Solomon R. Guggenheim Museum via style.com

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AO On Site – Philadelphia: Arshile Gorky at Philadelphia Museum of Art through January 3, 2010

Tuesday, October 27th, 2009


Arshile Gorky’s “Waterfall” (1942-43). Image courtesy of the museum. © 2009 Estate of Arshile Gorky / Artists Rights Society (ARS), New York.

The Philadelphia Museum of Art is currently showing a retrospective of Arshile Gorky’s work. Closing in January, the exhibition includes “creative chambers” which explore thirty years of Gorky’s artistic evolution in still-life, from Cubism to Surrealism. After it closes in Philadelphia, the show will travel to Tate Modern and LA’s Museum of Contemporary Art.


Gorky’s “Water of the Mill,” courtesy of PMA. © 2009 Estate of Arshile Gorky / Artists Rights Society (ARS), New York.

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Newslinks for Tuesday October 27th, 2009

Tuesday, October 27th, 2009


Head of a Muse, Raphael via Guardian UK

-Offered for the first time at public auction as part of Christie’s Old Masters sale, Raphael’s drawing “Head of a Muse”- a study for a figure in one of his Vatican frescoes, if it achieves its estimate £12-16million, will break the auction record for an old master drawing currently held by Michelangelo’s and Leonardo da Vinci’s works [Guardian UK]

-As art collectors become more cautious with their purchases, dealers at Frieze and FIAC fairs put works on reserve, among them $40 million Mondrian allegedly put on hold for Bernard Arnault [Bloomberg]

-Ms. Temkin, the chief curator of painting and sculpture at The Museum of Modern Art in New York, introduces unexpected changes, unframing certain paintings and subjecting the almost sacralized permanent collection to frequent renewal [The New York Times]


“Your Mercury Ocean” Skateboard by Olafur Eliasson via aarting

-Another collaboration between Mekanism and Olafur Eliasson results in a 13-ply deck 3d patterned skateboard with a mirror coating [aarting]
-In related, Olafur Eliasson commissions by the mayor of Copenhagen to design a bridge for the Danish capital; the artist shares his plans for a transparent bridge in a close vicinity to the water [The Art Newspaper]

– The survey carried out by the Art Fund, the UK’s independent art charity, shows that despite the substantial drop in public funding and investment income, a figure that proves to grow in the context of economic fall is the number of visits to museums [Art Knowledge News]

-In the midst of economic uncertainty, gallery Matthew Marks, which represents artists such as Jasper Johns, and Peter Fischli and David Weiss, plans on expansion with a new space on the West Coast [The New York Times]

To stay apprised of most of the relevant art news for this past week… (more…)

AO On Site; FIAC Round-Up: many reserves, not many sales made on “modern masterworks” and Saadane Afif announced as winner The Marcel Duchamp Prize

Monday, October 26th, 2009


Foire Internationale d’Art Contemporain, Paris via fiac.com

The action at France’s biggest art fair, Foire Internationale d’Art Contemporain (FIAC) in Paris came to a stand still on Saturday, October 24. The aftermath of FIAC, much like Frieze before it, is buzzing with discussion surrounding sales – big and small. On Saturday Bloomberg News reported that Piet Mondrian’s abstract Composition With Blue, Red and Yellow, valued between $30 and $40 million, was put on hold while a wealthy buyer made up their mind. Similarly, it seems the Pablo Picasso painting, Femme Ecrivant, was reserved by a potential buyer during the first few hours of FIAC’s VIP preview on October 21.


Galerie Suzanne Tarasieve – photo by Art Observed

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Newslinks for Monday September 27th 2009

Monday, September 28th, 2009


–>
Installation view of Anish Kapoor’s work at the Royal Academy of Arts in London via BBC

Anish Kapoor, the first living artist to exhibit at the Royal Academy of Arts in London, installs a work that shoots red paint to the walls of the famed 18th century building [The Wall Street Journal]
–>
Jeff Koons to be the curator of the New Museum show of Dakis Joannou’s collection, including works by Maurizio Cattelan, Urs Fischer, Robert Gober, Chris Ofili, and Jeff Koons himself
[The New York Times]
–>
Russia’s biggest contemporary-art fair opened September 23, 2009 in Moscow to coincide with Third Moscow Biennale of Contemporary Art
[Bloomberg]
–>
Donald Fischer, founder of Gap and art collector, loses his battle to cancer at 81; his collection will be permanently housed at San Fransisco Museum of Modern Art
[San Francisco Chronicle]
–>
Artist Ed Ruscha stars in a film by video artist Doug Aitken to be projected as installation entitled “Frontier” on Tiberina island in Rome
[The Art Newspaper]
–>
Andreas Gursky, his works and Pop influences, mainly Warhol’s, as analyzed in the Economist conclude “99 cents II (Diptych)” as the artist’s most important piece
[Economist]


–>
Ryan McGinness via J. Crew

Last summer painter Alex Katz modeled clothes for J. Crew catalog; this year seven New York artists, including Ryan McGinness and Vito Acconci, are featured [J.Crew]
–>
Tate Modern to recreate a 1992 exhibition that took place in New York’s Leo Castelli and was criticized as racist; 15 years later Tate curators appropriate the show as a part of a bigger Pop Life: Art in a Material World exhibit and hope for a different reaction
[The Independent]
–>
A Sigmar Polke painting, Untitled – Oil on Drape (1969), stolen directly from the artist’s atelier, the police deliberates the thief could only be someone with access to the space
[Artforum]
–>
Frieze Art Fair 2009 announces the details of its sculpture park, in London’s Regent’s Park; “Henry Moore Bound to Fail” by American artist Paul McCarthy is to remain on display for six months
[Frieze Art Fair]


–>
Guggenheim Museum Art Award via The New York Times

Louise Bourgeois, Urs Fischer, Dan Graham and Mary Heilmann are among the select individuals nominated for the First Annual Art Awards Guggenheim Museum announced this week [The New York Times] In related, the Frieze Art Fair announced the call for entries to The Cartier Award 2010 [Art Review]     
–>
Results from Sotheby’s mid-season Contemporary Art Sale
details at Art Market Monitor [Sotheby’s]
–>
The British Arts Council and the London 2012 organization announce Anthony McCall as a finalist in their nationwide initiative to commission public art in celebration of the upcoming Olympics. McCall has proposed a 1,5 mile earth sculpture in the form of a simulated vertical cloud in Liverpool [ArtInfo]
–>
A detailed survey of Contemporary-Art Auction values in the midst of economic crises as influenced by several variables, show a significant decrease [Bloomberg]
–>
65 year old Jehuda Reinharz, President of Brandeis University- home to Rose Art Museum housing works by artists such as Warhol and De Kooning, is to resign [Los Angeles Times]


–>
Sophie Calle photographed by Yves Geant via Guardian UK

France’s conceptual artist Sophie Calle’s path to art world recognition as examined through a personal perspective: stripping, spying, sleeping, “seducing her father” all turned into artistic practice [Guardian UK]
–>
At Westminster Cathedral, British painter Peter Doig is to create a new installation to coincide with a concert from the British pianist Stephen Hough whom he met after a recital in London in 2008 [Art Review]
–>
Two new co-directors, both previously with Art Basel, promote this year’s Art Forum Berlin to attract some of the city’s big name art galleries, among which: Max Hetzler, Johann König, Klosterfelde and Neugerriemschneider [Financial Times] and here is some video of the event [Vernissage TV]
–>
60 Galleries are not returning to Art Basel Miami Beach, but 65 new ones are added, hence the fair grows in quantity [Lindsay Pollock]


–>
Picasso’s sketch to be auctioned via Guardian UK

Picasso’s sketch that must have taken seconds to produce is expected to sell for more than £20,000 at Duke’s auction [Guardian UK]
–>
Christie’s “First Open” Post-War and Contemporary Art sale brings in good results, appealing to many buyers while providing a wide range of pricing and themes [Art in America]
–>
Christie’s Frieze exhibitions and auctions dedicated to Post-War and Contemporary Art will include works by artists such as Lucio Fontana, Damien Hirst and Gerhard Richter [ArtDaily]
–>
Museum of Contemorary Art in Los Angeles raises $60 million since December 2008 when it had revealed its financial troubles
[Culture Monster]
–>
Annie Leibovitz and Damien Hirst to design for Louis Vuitton [Elle UK]

SILLINESS OF TODAY’S HORROR MOVIES INSPIRATION FOR WAYANS BROTHERS.(What’s Happening)

Seattle Post-Intelligencer July 14, 2000 Most fans just laugh at how silly horror movies have become. Three of filmdom’s Wayans brothers decided to parlay their reaction into real laughs in “Scary Movie.” “It’s like `Airplane,’ ” says director Keenan Ivory Wayans. “Those guys knew that the disaster genre had been beaten to death.

“In horror, you’ve had the Jason series, the Freddy series, the `Scream’ series. This genre’s been played to death. . . . Same thing with `Don’t Be a Menace . . . ‘ You had `Boyz N the Hood,’ `South Central.’ ” The makers of “Scary Movie,” which had a huge opening last weekend, are no strangers to parody. Wayans targeted blaxploitation films when he wrote, directed and starred in the 1988 comedy “I’m Gonna Git You Sucka.” He also acted in “Don’t Be a Menace to South Central While Drinking Your Juice in the Hood,” the 1996 comedy written by and starring younger brothers Shawn and Marlon Wayans. in our site horror movies 2010

“If you can find a genre’s that’s beaten itself to death and has sort of ingrained itself in popular culture, then it’s ripe for parody,” says Keenan, 42.

“Scary Movie” originated with Shawn, 29, and Marlon, who’ll turn 28 on July 23. “All they do all day is call me,” Keenan Wayans said in an interview. “They sit in the house, and they call me, like, four times a day, going, `Is there something in this?’ And I’ll go, `No, that’s ridiculous.’ “And then they called me and said, `Is there something in the idea of doing a parody of all these teen horror movies?’ And I said, `Yeah, there’s definitely something in that.’ ” The younger Wayanses got together with Buddy Johnson, who’d served as executive story editor on their WB sitcom “The Wayans Brothers,” and Phil Beauman, who co-wrote “Don’t Be a Menace” and wrote for “In Living Color,” the sketch-comedy show created by Keenan in the early ’90s, and wrote a script. in our site horror movies 2010

“And 10 drafts later . . . it got made,” says Keenan. (Two other writers who’d come up with a similar idea are also credited because Miramax bought their script to avoid legal hassles.) Inspiration for “Scary Movie” came from sitting in theaters, watching the recent horror films and seeing how ridiculous they were, Marlon Wayans says.

“The first `Scream’ was good,” he says. “Then they do the sequel and they do `I Know What You Still Did Last Summer’ and . . . `Urban Legend.’ ” “Scary Movie” goofs on all the usual suspects plus “The Usual Suspects,” “The Sixth Sense,” and “The Blair Witch Project.” Marlon and Shawn wrote parts for themselves, naturally, but neither of them is the main character.

While the “Scream” films satirize the horror genre, “they just heightened where you need to go in terms of showing comedy,” says Marlon Wayans. “They make commentary. We show.” “They had an actual, real killer,” says Shawn Wayans. “We had a killer, but we made fun of what was funny about the killer in those movies.” “Scary Movie” also follows in the footsteps of gross-out comedies such as “There’s Something About Mary” and “South Park: Bigger, Longer & Uncut.” “ `Something About Mary’ and `South Park’ kind of opened up the door,” says Marlon Wayans. “What you do is, you go, `OK, y’all like that? Well, wait till you get a load of this!’ “What we’re doing with the comedy, pushing the envelope like that, is making a parody statement itself. Like, `Look at all the crazy things that people are doing out there.’ And teens love it.” What the Wayanses love is working with each other. Even though they couldn’t come up with roles for brother Damon or sister Kim, “Scary Movie” was a family affair.

Marlon and Shawn expect to continue collaborating. “I like working with him,” says Marlon. “I slept in a bed with him for 16 years. I had his feet in my face my whole life, so this is my best friend.” As for having big brother direct, that was a no-brainer. “Keenan is great,” says Shawn. “I think he’s a genius, and we totally respect his work. He taught us everything we know about comedy and just about life, period.

“It’s kind of like he’s been the director of our life anyway.” Adds Marlon: “So to finally get paid to be bossed around, hey!”

Newslinks for Monday September 21st, 2009

Monday, September 21st, 2009


Rembrandt’s portrait of an unknown man via Times Online

Estimated at £25m, a portrait by Rembrandt is expected to raise a record price for the artist at Christie’s in London [Guardian UK]
Despite crisis, Mikhail Piotrovsky- the director of the Hermitage Museum in Saint Petersburg is planning an expansion, reinstallation and several new international venues [ARTnews]
Tate’s plan to increase display space by 60% is challenged by a £140m shortfall; donation for the past year amount only to £4m due to recession
[The Independent] in related Tate announces upcoming exhibitions of Gauguin, Picasso and Chris Ofili [Guardian UK]
More on ex art-dealer Anthony d’Offay, who traded a $160m profit for a chance to provide the British public with an access to contemporary and modern art
[Bloomberg]
Reuters Felix Salmon calls on Bloomberg’s Scott Reyburn who claims that Damien Hirst’s sales are recovered to levels seen at peak of the art market boom; Salmon claims the analysis by Reyburn is unsubstantiated [Reuters and Bloomberg via ArtMarketMonitor]


Ai WeiWei via Twitter

Ai Weiwei publishes on twitter images of himself going in for surgery after undergoing an attack by Chinese police [The Art Newspaper]
RoseLee Goldberg, Performa’s founding director, reads an excerpt from the Futurist Manifesto, announces details and gives hints about the surprise performances and their locations
[Artinfo]
The director of the MET, Thomas Campbell, shares that the painting reattributed to Velazquez last week, “Portrait of a Man”, may soon travel to the Prado Museum in Madrid [ArtDaily]
More on the Artist Pension Trust, an investment vehicle that provides artists, who rarely engage in financial planning, with financial security when they retire [Guardian UK]
An antique shop in New Mexico put on sale a Van Gogh sketch for his painting Night Cafe, from a May 13 burglary, worth $250,000-1million, for $250 [Artinfo]


Caravaggio, The Supper at Emmaus via Artinfo

The National Gallery in London is sending Caravaggio’s The Supper at Emmaus to be exhibited at the Art Institute of Chicago from October 10, 2009 to January 31, 2010 [Fine Art Publicity]
Since Thursday, 110 galleries, most of them in Chelsea opened their doors to the new art season, showcasing what sells, what is missing on the art scene and which gallery spaces are more beneficial to the sales [New York Magazine]
Pope Benedict XVI organizes an art summit reaching out to 500 contemporary artists to reunite in Vatican [BBC via Art Market Monitor]  in related After his initial refusal to participate in Vatican’s art initiative, that will attempt to reestablish the dialogue between spirituality and art, Bill Viola rearranges his schedule and accepts Pope’s invitation [Artnet]
Curator of Modern and contemporary art at Menil Collection, Franklin Sirmans will be appointed chief curator oc contemporary art in LACMA and will assume his position in January [Culture Monster]


Anish Kapoor via Times Online

After an attempt to investigate the very nature of the scale of Anish Kapoor’s work and the man behind the work in an article published last week, Times Online writes on Anish Kapoor’s retrospective, providing a survey of the artist’s career, at the Royal Academy [Times Online]
An interview with Turner Prize winning video artist Steve McQueen where the artist speaks of his childhood, artistic influences, his musical preferences and view on art world and Artist Yoshimoto Nara speaks of musical, artistic and personal influences on his work [Guardian UK]

Velazquez, Las Meninas via The Wall Street Journal

Velazquez’s “Las Meninas”- an enigmatic work that has contributed to the shift of its very medium from the realm of craft to that of art [The Wall Street Journal]
Marlene Dumas, Tracey Emin, Marc Quinn, Antony Gormley and other contemporary artists donating works to Sotheby’s “Art for Africa Auction” on tonight
[ArtDaily]
September 16, at the Guggenheim International Gala, a $1.2m Ellsworth Kelly painting received by the Museum as a gift was auctioned [Auction Central News]
The life and death of Dash Snow [Guardian UK]
Art critic, Holland Carter, proposes smaller and more smartly curated shows to take place of large blockbuster exhibits [The New York Times]
A new 37,000-square-foot outdoor space is lent temporarily to Lower Manhattan Cultural Council for exhibitions and performances by developers postponing their building projects, hence the name- LentSpace [The New York Times]


Richard Serra, Shift (Detail) via Arts Journal

As a 1970 iconic earthwork by Serra outside Toronto remains endangered, a litigious battle concerning access to and protection of the artwork continues [Arts Journal]
New York’s Armory show will move in geographic pattern from representing one city to another, its first choice is Berlin
[Lindsay Pollock]
A short interview by brothers Jake and Dinos Chapman, discussing their drawings
[Guardian UK]
David Zwirner is to be the first dealer to solely represent The Estate of Dan Falvin
[David Zwirner]
New works by Julian Schanbel, Paul Chan, John Currin and Francesco Vezzoli are currently on show at New York’s Metropolitan Opera in an exhibition inspired by Mary Magdalene [metoperafamily.org]
Book review: “I Sold Andy Warhol (too soon)” by Richard Polsky [WallStreetJournal]


Zac Posen, RTW Spring 2010. Via WWD.com

Rosson Crow designs floral prints for Zac Posen’s Spring RTW collection [wwd.com]
Julian Schnabel is selling pieces from his art collection, including work by Picabia, Braque and Balthus to finance his divorce
[New York Post]
The Roman Empire – Russia’s Roman Abramovich’s toychest of expensive things, inlcuding works by Francis Bacon and Lucien Freud, is examined
[Wall Street Journal]
Sales of Chinese art at Sotheby’s Total: $15,532,479 Exceeding Expectations [ArtDaily]
The king of Japanese Contemporary Art, Takashi Murakami, speaks openly about the state of the art market, his legacy and his upcoming plans [Artinfo.com]
An encounter with Takashi Murakami in the Boom Boom Room at the Standard Hotel, New York following his opening at Gagosian Gallery in Chelsea [NYTimes]

Newslinks for Tuesday, September 1st, 2009

Tuesday, September 1st, 2009


Judith Supine, Above the City in a Summer Night Dream via Wooster Collective

Judith Supine installs his “Above the City in a Summer Night Dream” on top of the Williamsburg Bridge in New York [Wooster Collective]
Ryan McGinley writes on Dash Snow in Vice Magazine
[Vice via Art Fag City]
India’s contemporary art “superstar,” Subodh Gupta, before his first UK solo show at Hauser & Wirth, speaks of his Western influences
[Financial Times]
In related, The Economist discusses the state of Indian Contemporary art with a summary of the International Art Fair in Delhi [Economist]


Julien Fronsacq (Palais de Tokyo, Paris), Olivier Sailliard (Musée de la Mode et du Textile, Paris),and Hans Ulrich Obrist (Serpentine Gallery, London) model for Yohji Yamamoto’s Y, via ArtJetSet

The spring lookbook for Yohji Yamamoto’s Y features curators as models [ArtJetSet]
Gagosian Gallery sues Lufthansa and Art Crate Inc. over the destruction of a 1969 Brice Marden painting worth $3 million
[NY Times]
Russian artist, Presniakov, to sue Hilton heiress for failing to pay $10 million for his artwork [Reuters]
Meanwhile a Moscow dealer sues Luhring Augustine over George Condo paintings
[Bloomberg]
Graffiti charges against Yoshitomo Nara dropped after 6 months of proper behavior [Artforum]
The Norton Simon Museum’s ‘Adam’ and ‘Eve’ become the center of a legal battle after an heir to the work claims the paintings were looted by the Nazis
[LA Times]

Gavin Turk’s ‘Brillo 5’ a bronze sculpture of a cardboard box for sale via Christie’s

Christie’s announces its First Open Sale of Post-War and Contemporary Art, scheduled for September 23rd [Artdaily]
LA art gallery Blum and Poe expands its gallery into a new space launching October 2 in related both Sotheby’s and Christie’s downsize their LA operations [Lindsay Pollock]
Christie’s converts an icon Brooklyn warehouse into a rigorously guarded storage space [The New York Times]
With 372,000 visitors, the Frank Lloyd Wright exhibit was the most attended show in the Guggenheim Museum’s history
[NY Times]
In related, Banksy’s guerilla Bristol Museum show reaches over 300,000 visitors [Guardian]


Posters for the New York Minute exhibition at Macro in Rome via OHWOW

An interview with Charles Saatchi, who is releasing a book on September 8th detailing his experiences as an art collector [Guardian]
Daniel Richter leads a protest against the demolition of artist studio and gallery space in Hamburg
[Artinfo]
Moscow International Biennale for Young Art- an ambitious art initiative announces call for applications [Art Daily]
AMR- a new index by analysts for tracking prices aimed solely on post-war art is created [Financial Times]
The Scotsman Steps built in 1899 will become a panel for famous contemporary artist- Martin Creed’s installation [News Scotsman via ArtInfo]
A painting uncovered in Iraq is picked up by the media as a Picasso but is likely inauthentic [ArtMarketMonitor]


Pipilotti Rist via Panache

The Gucci Group award, previously awarded to artists including Steve McQueen and Julian Schnabel, has announced its 4 nominees, among which is artist Pipilotti Rist [Vogue]
This year’s Frieze Music Presentation will be a performance choreographed by artist Martin Creed [Frieze]
In response to LACMA’s decision to end its long standing weekend film program, two outside organizations step in with $150,000 pledge in an attempt to save it [Los Angeles Times]


Skewville wooden sneakers via C-Monster

The ubiquitous Skewville wooden sneakers have online documentation [Skewville via C-Monster]
The latest V magazine profiles 6 projects presented at the 53d Venice Biennale, including those by
Tauba Auerbach, Aurel Schmidt, Dan Colen and the late Dash Snow [V magazine]
Art exhibitions to see this fall as suggested by New York art critic Jerry Saltz [Artnet]
The values of art related financial indexes increase as the market is possibly recovering [ArtInfo]

Townhouses restored and owned by photographer Annie Leibovitz could potentially cure her $24 million loan obligations to Art Capital Market [Bloomberg]


Nils Folke installation via Phillips De Pury

Phillips De Pury & Co installs sculptures by Nils Folke in its windows to be viewed from High Line park in New York [Phillips De Pury]
Newly created Arts Editor role at the BBC News is being assumed by Will Gompertz who is the current Director of Tate Media at the Tate [BBC]
This year’s Vanity Fair 100 includes art world figures Bernard Arnault (#10), François-Henri Pinault (#20), Miuccia Prada (#40) and Jean Pigozzi (#74) [Vanity Fair]
Ed Ruscha will receive the Artistic Excellence Award from the National Arts Awards on October 5, 2009 [Americans For The Arts]
The Guardian investigates the art scene in Moscow complete with the listing new exhibition spaces [Guardian]

Newslinks for Monday August 17, 2009

Monday, August 17th, 2009


Eli Broad via Los Angeles Times

Billionaire philanthropist Eli Broad for a while unwilling to shed details on his plan of building a new museum, speaks about its possible location in Beverly Hills and progress [Los Angeles Times]
A portrait and history of arthotels, some of which today offer accommodations with works by artists such as Damien Hirst or Cy Twombly
[Guardian]

Neo Rauch via Incident

Neo Rauch resigns as professor of painting at Leipzig School and is having is first solo show in London as part of “Leipzig week” [Art Review]
“Art in Empty Spaces” a program funded by Arts Council England’s grants, believes art can play a role in economic regeneration, hence helps artists transform vacant spaces into artistic ones [Art Daily]
Highly curated Hong Kong Sotheby’s sales will include works from Contemporary Chinese art, modern Chinese ink paintings and others and are estimated at $100 million [Auction Publicity]


Miuccia Prada and Germano Celant- an Italian curator and the director of her art initiatives via Photobucket

On Miuccia Prada’s significant art patronage, with her Milan Gallery exhibiting works of internationally acclaimed artists and discovering the unknown ones [This is London via Art Market Monitor]
Elizabeth Andrews- a Tate employee has lost her legal battle after having claimed her health has been made poor by the temperature in the gallery [BBC]


Computer rendering of new plan by for Parrish Art Museum via New York Times

In deference to today’s economy, the Parrish Art Museum’s upcoming Southampton home is to be a cheaper architectural alternative [New York Times]
Whitney is the latest major museum affected by recession to lay off staff members [Crain’s New York]
An insight into loaning artwork for exhibitions: the bureaucracy, negotiation and trust that go into the process of enabling art travel [Guardian]
Los Angeles Times publishes an open letter from Martin Scorsese addressing LACMA and their decision to stop the weekend film program- a tradition that goes back 40 years [Los Angeles Times]


Pablo Picasso, Les Deux Femmes Nues via Auction Publicity

A detailed review of Christie’s bi-annual sale to be held in September, including works by Ernst, Picasso, Warhol among others [Auction Publicity]
12 artists’ plans from a pool of over 2,000 proposals will have a chance to be realized in London, the competition is currently down to 59
[Art Daily]
Works by Kandinsky- inspired Rafael Lozano-Hemmer
and The Blue Rider in Performance are commissioned by Guggenheim to show during the Vasily Kandinsky exhibit [Guggenheim]


A phone camera photo of Ai Weiwei posted on Twitter of police in his hotel’s hallways via Trunc

Ai Weiwei among those experiencing problems with the Chinese authorities for attempting to testify on a trial against a civil rights advocate [The New York Times]
The Independent attributes the recent higher sales of works by Old Masters versus contemporary artists in Christie’s and Sotheby’s to the recession [Independent]


Michael Jackson by Andy Warhol via BBC

Andy Warhol Painting of Michael Jackson commissioned by Times magazine dates back to 1984 and is being auctioned at a starting bid of $800,000 in Vered Gallery in LA [Los Angeles Times]
Mysterious art dealer receives $26.5 million for enabling the transaction of Rothko sale for a self-proclaimed victim of Bernard Madoff’s scheme [Bloomberg]
Yet another Gagosian Gallery will open, this time in Greece, 3 Merlin Street in Athens will now house the gallery with its inaugural show titled “Leaving Paphos Ringed With Waves” [Lindsay Pollock via Culture Monster]


Food Fight staged by Duke Riley on the reflecting pool in Queens on Thursday via The New York Times

“Those About to Die Salute You” an unscripted art event organized by Duke Riley took place in Queens on Thursday night [The New York Times] more here [New York Magazine]
Antony Gormley’s fourth plinth art project had a nude man as a participant, but he was asked to cover up in order to avoid arrest
[Guardian]
Géricault’s “The Raft of the Medusa” examined in its sculptural, architectural and historical influences by Spiegelman
[The Wall Street Journal]
25 Year old Kate Levant’s art is shown at Zach Feuer Gallery in New York, after Yale dean refuses to showcase her idea of Red cross conducting a Blood Drive inside the gallery space [New York Magazine]

Go see – New York: Cezanne to Picasso: Paintings from the David and Peggy Rockefeller Collection, through August 31, 2009

Thursday, August 13th, 2009


Pablo Picasso, The Reservoir, Horta De Ebro

David Rockefeller, who is the chairman Emeritus of the Board of Trustees of MoMA has donated many works to the Museum and supported it financially over decades. David Rockefeller’s connection to MoMA has been established through his mother – Abby Rockefeller, one of the founders of the museum. Currently showing at MoMA are nine modern European paintings , promised to the museum from Peggy and David Rockefeller’s private collection. Works exhibited are by: Paul Cézanne, Pablo Picasso, Henri Matisse, Paul Signac, André Derain, Georges Braque, Raoul Dufy ad Paul Gauguin. The show runs through August 31 , 2009

Related Links:
Cézanne to Picasso: Paintings from the David and Peggy Rockefeller Collection [MoMA]
“Cézanne to Picasso: Paintings from David and Peggy Rockefeller Collection” Exhibition [NYAB]
Rockefeller Pledge to MoMA [Guardian] (2005 $100m gift)

More text and pictures after the jump…

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Go See – New York: The Figure and Dr. Freud at Haunch of Venison, featuring JONATHAN MEESE, GEORGE CONDO, CECILY BROWN, ROBERT MAPPLETHORPE, ALICE NEEL, FRANCIS BACON, DIANE ARBUS, WILLEM DE KOONING, PICASSO AND MORE. Through August 22, 2009

Tuesday, August 11th, 2009


Jonathan Meese, “mutter mit roter Brille und roetlicher Perlenkette,” part of “The Figure and Dr. Freud,” a group exhibition on at Haunch of Venison New York.

Haunch of Venison’s New York branch is showing “The Figure and Dr. Freud,” a group exhibition by 31 artists from the last century.  These include past and currently producing artists, from the sculptor Alberto Giacometti to the painter Daniel Richter.  The show, which closes on August 22, focuses on the human figure as the artists have rendered it, through the lenses of the late Dr. Freud’s psychoanalytic theories.

Related links:
Haunch of Venison
Sigmund Freud [freudfile]


David Salle, “With All Due Respect Sir, We Need Modesty Blaise,” at Haunch of Venison.

More images and story after the jump…

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Go See – ‘PICASSO’S LATE SCULPTURE: WOMAN. The Collection in Context’ at Museo Picasso Málaga, through August 30, 200900

Wednesday, August 5th, 2009


Pablo Picasso’s Mujer (Woman) (1961), the focus of the new show at Museo Picasso.

The current exhibition at Museo Picasso features forty works by its namesake, alongside three Julio González sculptures and a découpage by Henri Matisse.  The show’s highlight is Picasso’s Woman, drawn from Christine Ruiz-Picasso’s collection.  The sheet-metal sculpture is presented together with Picasso’s early paper cut-outs, Cubist art, and the paintings and sculptures that characterize the artist’s later years.

Related links:
Picasso’s Late Sculpture: WOMAN. The Collection in Context. [Museo Picasso Málaga]
Museo Picasso Málaga
From paper cuts to crumpled metal [Financial Times]

(more…)

Go See – Aix-en-Provence, France: 'Picasso/Cézanne' at Musée Granet through September 27, 2009

Sunday, July 26th, 2009


–>
Paul Cézanne, “Gardanne (vue verticale)” (1886), showing as part of “Picasso/Cézanne” at Musée Granet. Via the Metropolitan Museum of Art.

Showing at Musée Granet are paintings by Picasso and Cézanne.  Organized in collaboration with the Communauté du pays d’Aix and the Réunion des Musées Naitonaux, the show comprises more than a hundred paintings, drawings, watercolors, engravings, and sculptures.  The exhibition closes on September 27.

Related links:
–>
Musée Granet – Aix-en-Provence
–>
Granet Museum Opens Exhibition Focusing on Subtle Links Between Picasso and Cézanne [Artdaily]
–>
Pablo Picasso’s Château de Vauvenargues [The Telegraph]
–>
Summer of Picasso [Wall Street Journal]


–>
Picasso’s “Le village de Vauvenargues” (1959), showing as part of “Picasso/Cézanne” at Musée Granet. Via atelier

More images and story after the jump…

(more…)

Newslinks for Monday, July 20th, 2009

Monday, July 20th, 2009


Dash Snow and his daughter Secret via TinyVices

Following Dash Snow’s untimely death early last Tuesday morning, articles such as this one from The Guardian labeled Snow as an “art icon.”   The Independent cited the artist as “a mythical hero of an artistic underworld.”   There was a cynical editorial on Dash Snow from Canada [Toronto Star via Art Market Monitor]   And within 48 hours of Dash Snow’s death, New York Magazine speculated on the market for his work, and later that that his work might be pulled from an charity auction in Watermill next weekend. Terence Koh dedicated a performance in the UK [The Moment] and Brazilian street art duo OS Gemeos dedicated their Houston and Bowery mural to the artist [NYMag] There was an extensive image collection of the artist and his work from Tiny Vices. and finally a eulogy from the artist’s friend Glenn O’Brien [Purple-Diary]


A work by John Baldessari via the Tate

The Tate Modern will launch a major John Baldessari retrospective, his first in the UK, on October 13th [Tate]
Bob and Roberta Smith and Wolfgang Tillmans will be Tate trustees
[FAD]

–>–>–>–>
Zevs bombing the Armani store with his dripping Chanel Trademark via SlamXHype

Graffitti artist Zevs arrested in Hong Kong before a major gallery show [SlamXHype]
In related, 3 are arrested for conducting a counterfeit Banksy printing operation [The Art Collectors]


A mockup of London’s Playing the Building installation via David Byrne.com

David Byrne reprises his downtown New York Playing The Building sound in architecture installation at London’s Roundhouse August 8th through the 31st [Roundhouse.org]

–>–>–>–>
The video for Madonna’s ‘Candyshop,’ featuring video by Marilyn Minter via YouTube

Marilyn Minter’s Green Pink Caviar is used as a video backdrop for Madonna’s song “Candyshop” [Artnet]


A rendering of Herzog de Meuron’s expansion to the Tate Modern via World Architecture News

Much publicized plans to expand the British Museum and the Tate could be tabled as funds come into question [TimesUK]
A look at some of the recent graduates and potential YBA’s at Goldmith’s degree show in London [GuardianUK]

–>–>–>–>–>–>–>
Olafur Eliasson speaks about using space and light via Ted

An engaging video of Olafur Eliason speaking about perception [Ted]
The Wall Street Journal has an excerpt from the book Provenance, which documents one of the greatest cons in the history of art forgery
[Wall Street Journal]


Lawrence Salander via Bloomberg

Lawrence B. Salander was arrested for the 2nd time for what the Manhattan District Attorney called the biggest art fraud in New York history [Bloomberg]
A video interview with American painter Ellsworth Kelly
[The Art Newspaper]


Roman Abramovich and Dasha Zhukova via Fashion Week Daily

According to rumors, Moscow curator Dasha Zhukova and 2008 mega-collector Roman Abramovich have split [Fashion Week Daily]
Christie’s has an iPhone app, offering access to its calendar and catalogs, and soon a live-bidding component
[Guardian]


Simon de Pury via Harpers Bazaar

Simon de Pury, chairman of the auction house Phillips de Pury revealed as Judge on the upcoming Bravo/Sara Jessica Parker art-world reality show [NY Times] and video of the around-the-block line in New York to apply to be on the show recently [NYArtBeat]

Go See – Washington, DC: ‘PAINT MADE FLESH’ at The Phillips Collection through September 13, 2009

Sunday, July 12th, 2009


Jenny Saville’s Hyphen, 1999, part of Paint Made Flesh at The Phillips Collection.

“Paint Made Flesh,” a series of 43 oil paintings that focus on the human body, is showing at The Phillips Collection through September 13.  Featured artists incude Pablo Picasso, Leon Golub, Ivan Albright, Cecily Brown, David Park, Philip Guston, and more.  “At times when figure painting was considered outdated,” comments Assistant Curator Renee Maurer, these and other artists included in the show “continue to explore the expressive potential of the painted human body.”

Related links:
Current Exhibitions at the Phillips Gallery
Paint Made Flesh
“Paint Made Flesh” Survey opens at The Phillips Collection in Washington, DC [Art Knowledge News]
“Paint Made Flesh” Is More Than Skin-Deep [Washington Post]
“Paint Made Flesh” : Modern Bodies, Naked Eyes [NPR]


John Currin, Hobo (1999), via NPR.

(more…)

Newslinks for Saturday, July 4th, 2009

Saturday, July 4th, 2009


–>
Gilbert and George’s ‘Hoi Polloi,’ part of their exhibition ‘Jack Freak Pictures’ via Arndt & Partner

Gilbert and George speak about friendlessness, bigotry in the art world, and their latest exhibition, ‘Jack Freak Pictures,’ opening in London at White Cube next week [Guardian]
–>
Damien Hirst turns down the Royal Academy’s offer to become a Royal Academician
[Artdaily]
–>
Thief sentenced to two and half years in Oslo for the 2004 Munch ‘Scream’ Heist [NY Times]
–>
Haunch of Venison will close its Zürich gallery by 2010
[ArtNewspaper]
–>
After concerted effort by Eli Broad, MOCA announces that its financial troubles are over with a number of new gifts and trustees
[LA Times] and LACMA also announces new trustees, including Dasha Zhukova, founder of Moscow’s Garage Centre [LA Times]
–>
The Metropolitan Museum of Art responds to economic crisis, cuts 357 positions
[Crain’s]


–>
Titian’s ‘Triumph of Love’ via Artdaily

Director of Tate Britain Stephen Deuchar is appointed director of Art Fund [ArtReview] in related, the Tate Britain recently bought and secured for Britain Titian’s Triumph of Love [Artdaily] and, finally the Art Fund launched an “Art Saved” resource online [Art Knowledge News]
–>
At least 24 New York galleries have closed since the economic collapse, with a number closing for the summer [Artnet]
–>
Connoisseurs are buying increasingly rare Impressionist and Modern masterpieces
[NYTimes]
–>
Why auctions may not be the best method for museums’ deaccessioning
[Wall Street Journal]
–>

–>–>–>–>–>–>–>–>
–>
Cai Guo-Qiang and Shen Wei speaking Lincoln Center via WSJ

Choreographer Shen Wei and artist Cai Guo-Qiang discuss their role in the 2008 Beijing Olympics opening ceremonies and how changing attitudes in China have affected their work [Wall Street Journal]
–>
ArtTactic’s Art Market Confidence Indicator shows increased confidence in the contemporary art market, with 2/3 of those survey predicting a rebound by 2011 [ArtTactic via The Art Collectors] and more cautious indicators of a rebound [Artnet]


–>
Ji Lee’s ‘Duchamp Reloaded’ via Wooster Collective

Duchampian street sculpture in front of MoMA [Wooster Collective]
–>
Bravo’s art reality show holds open calls and Paddy Johnson speaks with the casting director [Art Fag City]
–>
A work painted in 1623-24 by a fellow scholar depicts Rembrandt at 16
[TheIndependent]
–>
The Pietzch Collection, which includes many rare surrealist art works, opens to public display in Berlin
[Monsters and Critics via Art Market Monitor]
–>


–>
Adam Kimmel stands in front of a photo of Dan Colen as the Marlboro Man via Purple

Riffing on Richard Prince, fashion designer Adam Kimmel has Dan Colen as the Marlboro Man in a series of photos by the creator of the original ads, Jim Krantz [Purple]
–>
A look at what the latest auctions in London could mean for the outlook of the art market [Financial Times]
–>
How London’s proximity to emerging market art buyers from Middle East, Russia and Asia may now have negative effect [Wall Street Journal]


–>
Rachel Wardell, the first participant in Antony Gormley’s ‘One and Other’ via The GuardianUK

The first participants are announced in Antony Gormley’s ‘One and Other’ on the fourth plinth in Traflagar Square [Guardian]
–>
More Intelligent Life investigates the increased interest in Picasso’s late musketeer paintings and finds links between the artist’s pacifism, the mood of the 1960s and younger collectors today [Economist]


–>
A vandalized Banksy mural in Bristol via Bristol Evening Post

A popular Banksy mural in Bristol is vandalized as the Bristol Museum currently holds a major exhibition of the grafitti artist’s work [Bristol Evening Post via Arts Journal]
–>
Jeff Koons describes Michael Jackson as a “contemporary Christ figure”
[Bloomberg]
–>
and Koons is now collaborating with watchmaker Ikepod to make a titanium watch [Newsweek]


–>
Terence Koh in his studio via Whitewall

Terence Koh in his all white studio in New York [Whitewall]
–>
Critic Jerry Saltz initiates a discussion with MoMA Chief Curator Ann Tempkin over the museum’s lack of female artists through Facebook
[Edward Winkleman]
–>
A Holocaust conference including 46 nations urges more efforts to restitute art stolen by Nazis [Bloomberg]
–>

Uncertain Economic Times Intensify Need for Private Student Loans.

Education Business Weekly April 21, 2010 Amidst a still-struggling economy and confusion in the market over recent student loan legislation, SimpleTuition, Inc. explains that college financing options, including private student loans, remain readily available. The student loan provision in the recently passed Health Reform Act took private banks out of the federal student loan business, but not out of the education loan business. in our site citi student loans

With the country still recovering from a massive financial meltdown and credit crisis, families have seen their savings and home equity dwindle — traditionally the two biggest sources of contribution toward education expenses. At the same time, school endowments and scholarships are down, while tuition continues to rise, creating a growing gap between federal student loan limits and the money required to fund an education. While the federal PLUS loan helps to enable parent borrowing for part of this gap, for many student borrowers, private student loans remain an option and continue to play a critical role when paying for college.

“For many parents, careful use of private loans is a sound way to manage the gap in financing unmet need at many private colleges and universities and even flagship state universities,” said Nancy Hoover, Director of Financial Aid at Denison University in Ohio.

As an example, a typical student with a $32,000 annual college bill may receive about $10,000 in scholarships and other reductions, leaving a balance of $22,000. On average, federal student loans cover $7,000, leaving students with a balance of $15,000. If possible, families then contribute money from their savings or from parent borrowing, leaving a typical gap of $8,000 a year that students fill with private education loans in their own name. website citi student loans

“Since its inception, SimpleTuition has been a resource to millions of students and parents as they manage the confusing student loan process,” said Kevin Walker, Co-founder and CEO of SimpleTuition. “This legislation simplifies the process for getting federal student loans, but did not increase the amount that students can borrow. And, it may have left borrowers with the impression that ‘private’ student loans are no longer available. In fact, it is federal loans from private lenders that won’t be available. Gap-filling private student loans continue to be issued by banks and other lending institutions.” “With the economy improving, we are seeing an increase in lenders’ interest in promoting the private student loan category,” Walker continued. “We expect to see several new lenders included in the private student loan choices at SimpleTuition over the next several weeks.” The dissolution of the Federal Family Education Loan Program (FFELP) is primarily a change in the way federal loans are delivered. Previously, the federal government allowed private banks to provide federal student loans on its behalf. Over the last few years, legislation reduced the amount of money banks generated from the federal student loan program, leading many banks to leave the market. All students will now apply for federal student loans directly from their school, for a loan that will now be provided by the Department of Education.

AO Auction Results: Sotheby’s Impressionist and Modern Art Evening Sale in London Wednesday, June 24, 2009 – Small Sale Brings Solid Results

Thursday, June 25th, 2009


Pablo Picasso’s ‘Homme à l’épée’ sold for £7 million, falling squarely within estimates of £6-8 million, via Sotheby’s

Sotheby’s Impressionist and Modern Art Evening Sale last night in London yielded fairly strong results, due mainly to a slimmed down offering of high quality works. The 27 lot sale realized £33.5 million, towards the higher end of estimates of  £26.8-37.3 million, with only 4 lots going unsold and a sold-by-lot rate of 85.2% and a sold-by-value rate of 90.8%. Despite trouble finding sellers, choosing lots carefully paid off for Sotheby’s with spirited bidding throughout the auction. The sale’s big star, Picasso’s ‘Homme à l’épée,’ sold for £7 million against estimates of £6-8 million. Another late Picasso painting, ‘Nu debout,’ was the second-highest lot, selling for £4.3 million, above estimates of £3-4 million.

Sotheby’s Impressionist and Modern Art Evening Sale Results [Sotheby’s]
Sotheby’s Lean Strategy Pays Off [NY Times]
Sotheby’s London auction hits target at $55 million [Reuters]
Picasso’s $11.5 Million Musketeer Tops Sale as Bargains Hunted [Bloomberg]
Homme a l’epee Sells for 7 Million and Leads Sotheby’s Sale of Impressionist & Modern Art [Artdaily]
Lot by Lot: Sotheby’s I/M London Evening Sale [Art Market Monitor]
Picasso Musketeer Tops Sale by Sotheby’s [NY Times]
En Garde! Sotheby’s Sells Picasso Musketeeer Painting for $11.5 Million [WallStreetJournal]
Picasso musketeers duel at London auction houses [The Art Newspaper]
Sotheby’s Imp/Mod Sale Small but Solid [Artinfo]
Summing Up Sotheby’s I/M Evening Sale in London [Art Market Monitor]
Homme a l’epee Leads Sotheby’s Sale of Impressionist & Modern Art [Auction Publicity]

AO coverage of Christie’s Impressionist and Modern Art Evening Sale on Tuesday

(more…)

AO Auction Results: Christie’s Impressionist and Modern Art Evening Sale in London Held on Tuesday June 23rd Falls Short of Low Estimate

Wednesday, June 24th, 2009


Claude Monet’s ‘Au Parc Monceau’ sold for £6.3 million, well above its high estimate of £4.5 million, via Christie’s

Yesterday’s Impressionist and Modern Art Evening Sale at Christie’s in London realized £37.2 million, falling shy of estimates of £37.8-51.7 million, including buyer’s premium. 30 of the 44 lots offered sold, with a rate of 68% sold by lot and 84% by value. The highlight of the sale was Monet’s ‘Au Parc Monceau,’ which sold for £6.3 million, far above its high estimate of £4.5 million. Joan Miró’s ‘Peinture (Femme se poudrant)’ also attracted spirited bidding, selling for just under £4 million, against estimates of £2.2-2.8 million. The star lot, a Picasso Musketeer painting, ‘Man with sword,’ sold for £5.8 million, in the lower end of estimates of £5-7 million. Sotheby’s Impressionist and Modern Art Evening Sale takes places tonight in London.

Christie’s Impressionist/Modern Evening Sale Results [Christie’s]
Only a Few Hills in the Valley of Christie’s Season-Opening Art Auction [NY Times]
£1.5m Pissarro painting looted by Nazis withdrawn from auction [Telegraph]
Christie’s London sale falls short of low estimate [Reuters]
Buyers Focus on Works Worth the Fight [NY Times]
Monet, Picasso Fetch $20 Million; Auction Shrinks 74% [Bloomberg]
Christie’s Auction of Impressionist and Modern Art in London Realises $60.4 Million [Artdaily]
Christie’s misfires on £37m Impressionist and Modern art sale [Wealth Bulletin]
Christie’s Kicks Off London Season With Modest Imp/Mod Sale [Artinfo]
Family wrangle halts sale of £1.5m Pissarro stolen by the Gestapo [TimesUK]
Family Dispute Halts Sale of Pissarro Stolen by Nazis [Artinfo]
(more…)

AO Auction Preview: Summer auctions in London at Sotheby’s, Christie’s, and Phillips de Pury start tomorrow

Monday, June 22nd, 2009


Pablo Picasso’s ‘Homme à l’épée’ estimated to sell between £5-7 million via Christie’s

The summer auction season starts next week with the Impressionist and Modern Art Evening Sales in London at Christie’s on Tuesday, June 23, and at Sotheby’s the following evening.  Both sales feature a late Picasso painting,part of his Muskateers series, painted by the artist on successive days and both titled ‘Man with a sword.’  The Sotheby’s Picasso is estimated to sell between £6-8 million and the Christie’s Picasso is estimated between £5-7 million. Both auction houses each offered a Muskateer painting in the spring auctions, with one failing to meet its reserve and the other selling for $14.6 million. This era of Picasso’s works has been enjoying a wave of popularity after Gagosian Gallery’s ‘Mosqueteros’ exhibition (as covered by AO here) earlier this spring gaining record attendance, as well as two major museum shows in Paris and London focusing on the artist’s late career. The Post-War and Contemporary Art Evening Sales take place on Thursday, June 25 at Sotheby’s, Monday, June 29 at Phillips de Pury, and Tuesday, June 30 at Christie’s.  Though healthy sales at Art Basel last weekend have boosted confidence in the market, this season’s estimates are down over 70% from last year.

Christie’s Impressionist and Modern Art Evening Sale, Tuesday, June 23, 2009
Sotheby’s Impressionist and Modern Art Evening Sale, Wednesday, June 24, 2009
Christie’s Post-War and Contemporary Art Evening Sale, Tuesday, June 30, 2009
Phillips de Pury Contemporary Art Evening Sale, Monday, June 29, 2009
Sotheby’s Post-War and Contemporary Art Evening Sale, Thursday, June 30, 2009
Impressionist & Modern Art Evening Sale with Specialists Helena Newman and Alexander Platon [Video; Sotheby’s]
Contemporary Art Evening Sale with Specialists Oliver Barker, Cheyenne Westphal and Alexander Branczik [Video; Sotheby’s]
En garde! Rival houses offer Picasso musketeers
[Reuters]
Can Buying Impressionist Art Make You Happy? [Wall Street Journal]
Christie’s Resumes Cutting Jobs After May N.Y. Auctions Decline [Bloomberg]
Battle of the Picasso paintings [TelegraphUK]
London Sales Estimates Down 70 Percent From Last Year [Artinfo]
Warhol, Prince Works Fail to Save Art Sales From 70% Decline [Bloomberg]
After Basel, Dealers Have High Hopes for London Sales [Wall Street Journal]
Artworks by Goya, Fragonard, David and Turner for Sotheby’s July Old Master Paintings Auction [Art Auction Publicity]
Christie’s Post-War & Contemporary Art Auction Expected to Take £20 million [Art Auction Publicity]
Doig painting of Canadian childhood could fetch $3 M [Montreal Gazette via Art Market Monitor]
Duchamp, Miró, Marc, Monet and Picasso Highlight Christie’s Auction of Impressionist and Modern Art [Artdaily]
London Contemporary Art Auctions [The Art Collectors]
Phillips de Pury & Company Announce Highlights of the Forthcoming London Contemporary Art Sales [Artdaily]
Picasso, Monet and Giacometti, for Sotheby’s Sale of Impressionist & Modern Art [Art Auction Publicity]
Sotheby’s London Contemporary Art Evening Sale to Present Three Rare Andy Warhol Paintings [Artdaily]
The art market: Picasso endures [Financial Times]
Art Market Watch [Artnet]
(more…)

Newslinks for Sunday June 21, 2009

Sunday, June 21st, 2009


A sculpture of horses and a carriage at Versailles by Xavier Veilhan via artcollc

On September 13, Xavier Veilhan will follow in Jeff Koons’s footsteps by bringing contemporary sculpture to the Chateau de Versailles [ArtCoLLC]
On the lack of transparency in the art market reflected in this year’s Art Basel [Economist]
An interview with Chuck Close in which he discusses how his perceptive disabilities are reflected in his work
[Wall Street Journal]


A still from Deadpan by Steve McQueen via the GuardianUK

Beginning July 1st, Creative Time will present Turner Prize winner and current UK Venice Biennale representative Steve McQueen’s Deadpan on the MTV screen in Times Square [Creative Time]
Parkett Art magazine marks 25 years this June 25th in Chelsea, NY
[EFlux]
Conceptual artist Dan Graham is speaking at 192 Boo
ks in Chelsea, New York on Wednesday, July 1 [192Books.com]


Trafalgar Square’s empty fourth plinth, which will host Antony Gormley’s ‘One & Other’ via Guardian UK

The first round of participants have been announced for Antony Gormley’s living statue project: ‘One & Other,’ on Trafalgar Square’s fourth plinth in ondon [BBC]


A previous installation of Terracotta Army via VisitStHelens

In related, Anthony Gormley sets up his 40,000 figure “Terracotta Army” in a Devon, UK barn [TelegraphUK]
Dartmouth receives a $50 million donation to support the visual arts [Dartmouth]
Architect Richard Meier is designing major expansion for the Gagosian Gallery in Beverly Hills [LA Times]


Picasso’s ‘Le Moulin de la Galette’ owned by the Guggenheim, allegedly sold under Nazi duress, via Artnet

Judge issues written memo chastizing MoMA and Guggenheim and heirs of Nazi victim for secret settlement over two Picasso paintings in restitution case [Bloomberg]
The Whitney kept it festive this week for its annual Art Party and auction in West Soho, New York [Park Avenue Peerage]
Behind the scenes shots of the making of Banksy’s Bristol exhibition
[The WorldsBestEver]


‘Screentest’ for designer Adam Kimmel’s new campaign via Hint

Black and white films and stills by Andy Warhol’s long-time assistant Gerard Malanga from Designer Adam Kimmel’s look book, exhibited at Thaddeus Ropac gallery, feature art world figures Matthew Barney, Francesco Clemente, Ryan McGinley, Dan Colen, Aaron Young and Nate Lowman [AdamKimmel]

Still from Brett Gorvy’s interview with Andy Warhol’s assistant, Gerard Malanga, via Christie’s

In related (to the Kimmel story), Christie’s Brett Gorvy speaks Gerard Malanga on Warhol’s ‘Death and Disaster’ series [Christie’s via Art Market Monitor]

Moody’s, which currently has Sotheby’s bonds below investment grade placed its debt on review for a possible downgrade [Bloomberg] More on the damage to Sotheby’s profits here [ArtNewspaper]
Guy Bennett, co-head of Christie’s Impressionist and Modern art department worldwide, resigns
[NY Times]
Christie’s begins more salary cuts
[Bloomberg]
Citing financial difficulties, Bellwether Gallery closes after a ten year run
[Art Fag City]
the Art Institute of Chicago lays off 20 staff members
[Chicago Tribune via Artsjournal]
With its endowment down by 18%, the Solomon R. Guggenheim museum will lay off 25 full-time staff [CrainsNewYork]
Art museum attendance in the US is down 23%-26% [ArtReview]
And a summary on the methods New York galleries are using to deal with the recession [NYTimes]