July 8 | Timothy Taylor to open a new space in New York

The gallery — which will occupy the ground floor of a Chelsea townhouse — will open on September 19 with an inaugural show of works by Mexican artist Luis Barrágan. Timothy Taylor represents artist Shezad Dawood and Alex Katz, as well as the estates of Serge Poliakoff, Antoni Tàpies and Diane Arbus. The New York Times has more information.

Once again, Christie’s has proven it can deliver impressive results. The sale of Lot and his Daughters (circa 1613-14) by Flemish Baroque painter Peter Paul Rubens during its July 7 London sale fetched $58,167,720, the second highest prize ever for an Old Master painting. (And a record for any Old Master painting sold at Christie’s) More on The Art Newspaper.

As for Sotheby’s, Eric Shiner — the former director of the Andy Warhol Museum of Pittsburgh — joins the auction house as senior vice president of its new fine art division, working under Amy Cappellazzo and Allan Schwartzman. Read more on artnet News.

The Cultural Property Protection Law proposed by German Culture Minister Monika Grütters — and largely criticized by the international arts community — was passed today. The new legislation stipulates that a license will be required in order to export cultural objects that are older than seventy-five years and worth $300,000 or more. More on Art Forum.