April 20 | A $65 million Basquiat to be auctioned off at Sotheby’s
It’s business as usual for the art market: big galleries continue to expand and to represent more and more prestigious artist estates, whilst at auctions, records are — of course — made to be broken.
Could Basquiat break auction records in May?
Sotheby’s has announced that Basquiat’s work Untitled (1982) is to lead their Contemporary Art Evening in New York on May 18, a work that the auction house has guaranteed for a reported $65 million.
The sale will also see a number of works by artists including Roy Lichtenstein, Andy Warhol, Robert Rauschenberg, Cy Twombly, David Hockney and Gerhard Richter being auctioned off. As for Philips, the auction house has announced that Peter Doig’s Rosedale, (1991) estimated at $25 million, will be offered during their May sale, with the possibility of breaking the artist’s previous record, standing at $25.9 million. ARTnews has more information.
Sprüth Magers to represent the Estate of Otto Piene
Sprüth Magers gallery (Berlin, London, Los Angeles) has announced that it is now representing the estate of German artist Otto Piene, founder of the group ZERO in 1957 and a leading representative of kinetic art. A show of Piene’s motorised light sculptures, titled “Light Ballet”, will open at the gallery’s Berlin space on April 29. This year, New York’s Guggenheim also celebrated the artist, who passed away in July 2014, featuring his work in a group show dedicated to the group ZERO. Read more on The Telegraph.
« Light Ballet » SPRÜTH MAGERS BERLIN — April 29 - June 10
Ceysson & Bénétière gallery to open a new space in New York
Ceysson & Bénétière gallery — with spaces in Saint-Étienne, Paris and Luxembourg — will open an outpost in New York on May 6. The gallery’s new space will be located at 956 Madison Avenue, at a walking distance from the Met Breuer.
The gallery is at Art Brussels this week, after which it will be exhibiting at Frieze New York from May 5 through 7. Ceysson & Bénétière represents artists Bernar Venet, Trudy Benson and Claude Viallat, among others. More information via Le Quotidien de l’art.
Ceysson & Bénétière gallery @ Art Brussels
After only three months at Sotheby’s, former Christie’s chairman Marc Porter, is returning to the auction house where he worked for 25 years.
Back at Christie’s, Porter will have the same title he held previously, but his role “has been expanded to include membership on the executive committee, and direct responsibility for special projects”. Among the reasons cited for Porter’s departure are the recent change of the auction landscape, as well as the acquisition of Art Agency by Sotheby’s for an estimated $85 million. Read more on The New York Times.
Seattle Art Fair reveals 2017 exhibitor list
Returning once again to Seattle’s CenturyLink Field Event Center, Seattle Art Fair has announced the exhibitor list for this year’s edition, its third, running from August 4 through 6.
With 80 galleries overall, the 2017 edition of the fair has once again managed to attract art world heavyweights, including Gagosian, David Zwirner and PACE. Among the newcomers this year are Galerie Perrotin, Night Gallery, and UTA Artist Space. More information via ARTnews.