Todd Levin News
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Christie’s International said its Haunch of Venison subsidiary will stop operating its two galleries and representing artists in March.
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Henry Kravis, co-chairman of KKR & Co., sued collector Donald L. Bryant Jr. claiming he reneged on an agreement to donate paintings by Jasper Johns to the Museum of Modern Art in New York.
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Auction house Phillips is expanding in New York and London after changing its name and chairman.
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The art world is watching to see the fate of billionaire hedge-fund owner Steven A. Cohen.
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On a day when U.S. stocks lost more than $240 billion in value, Christie’s held its largest-ever postwar and contemporary sale, setting records for eight artists including Franz Kline, Jeff Koons, Donald Judd and Jean-Michel Basquiat.
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The Internet revolution has at long last reached international art fairs as a new event tests buyers’ willingness to shop online for contemporary works.
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Shortly after a major Cindy Sherman retrospective opens at New York’s Museum of Modern Art on Feb. 26, one of her most famous images will be sold at Sotheby’s. The combination could boost her prices after last year’s career high auction total of $13.7 million.
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A painting of a blue-eyed nurse by Richard Prince and an aluminum couch by Marc Newson were among the artworks sold by Halsey Minor that helped the CNET Networks Inc. founder raise $21.1 million to pay his creditors.
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A racy Jeff Koons sculpture and an assemblage of Jackie Kennedy portraits by Andy Warhol drew tepid bidding last night as Sotheby’s New York saw its lowest tally for an evening contemporary-art auction in two years.
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A small band of evaluators is driving the prices for paintings and sculpture as the market rises.
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