A $2 million painting by Ellsworth Kelly and five light holograms by James Turrell, priced at $100,000 apiece, were among the first artworks snapped up by collectors at the opening of the Art Show in Manhattan.
Hedge-fund managers Joseph DiMenna and James Dinan helped raise $1.2 million for the School of American Ballet last night, with tables at the academy’s annual Winter Ball priced as high as $100,000, or $10,000 a seat.
China Poly Group Corp., a state- owned conglomerate started by the country’s military 22 years ago, is taking its arts and entertainment arm public in Hong Kong as it seeks to compete with global auction houses.
Paintings by Gerhard Richter, Andy Warhol and Jean-Michel Basquiat boosted a 87.9 million-pound ($146 million) Sotheby’s auction as wealthy collectors from 40 countries competed for established and emerging art trophies.
Kour Pour, the 26-year-old whose detailed paintings depict Persian rugs, drew such a frenzy for his first solo exhibition that his works sold out before the opening last month at New York’s Untitled Gallery.
Cornelius Gurlitt, the art collector who for decades hoarded hundreds of works in his Munich apartment that may have been looted by the Nazis, kept more than 60 additional pieces by artists including Claude Monet and Pablo Picasso at a house in Salzburg, Austria.
A restituted Pissarro painting, a Van Gogh canvas and prominent dealer’s collection fueled Sotheby’s record auction in London yesterday as collectors from 44 countries competed for Impressionist, modern and Surrealist art.