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.
A Pablo Picasso painting’s removal from the entrance to New York’s Four Seasons restaurant was blocked by a judge at the request of a preservationist group that said the artwork would be severely damaged in a move.
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.
Paintings by Pablo Picasso, Juan Gris and Rene Magritte helped Christie’s International sell 177 million pounds ($289 million) of Impressionist, modern and Surrealist art yesterday, the highest tally ever for a London auction.
The New York Landmarks Conservancy sued the owner of the Seagram Building in midtown Manhattan to block the removal of a Pablo Picasso painting from the Four Seasons restaurant, saying the work will be severely damaged.
Ronald Perelman can pursue a claim that art gallery owner Larry Gagosian used his position of trust to force the billionaire to buy a Jeff Koons sculpture of the cartoon character “Popeye” for $4 million, a judge ruled.
Cornelius Gurlitt, who hid artworks that may have been looted by the Nazis in his Munich apartment for more than 50 years, has made contact with Jewish families seeking restitution for property they say is theirs.