Displaying items by tag: Larry Gagosian

Gagosian, one of the world's leading art dealerships, is opening a new gallery in London's smart Mayfair district, its third outpost in the British capital and its 15th worldwide.

With the global art market rising 7 percent in 2014 to some 51 billion euros ($57.74 billion), according to a report by the European Fine Art Foundation, there is more and more competition among top end galleries.

The billionaire Ronald Perelman's lawsuit accusing New York City art gallery owner Larry Gagosian of defrauding him into overpaying for a Cy Twombly painting has been thrown out by a unanimous state appeals court.

Despite being a "sophisticated" plaintiff, Perelman "conducted no due diligence" to determine the value of Twombly's "Leaving Paphos Ringed With Waves" before agreeing to buy it for $10.5 million, the Manhattan court said on Thursday.

Ed Ruscha’s art exudes humor and honesty. What you see is what you get. Subsequent viewings won’t reveal hidden depths in it. And they make you feel really good.

Perhaps, that’s the reason why Parisian art dealer Thomas Bompard asked several international art dealers to lend Galerie Gradiva works by Ruscha from their private collections to be displayed ‘just like at home,’ on the walls of an 18th-century private mansion opposite the Louvre. Larry Gagosian, Dominique Lévy, Enrico Navarra, Almine Rech and Paolo Vedovi accepted to play along.

American artist Jeff Koons opened his first major solo exhibition in Asia at Gagosian Hong Kong on November 6.

Deftly interposed between his major career retrospective at the Whitney Museum of American Art in New York earlier this summer and another large-scale exhibition at the Pompidou Center scheduled to open later this month, “Jeff Koons: Hulk Elvis” showcases precision-machined bronze sculptures from his ongoing series that are inspired by inflatable figures of the popular comic book character, transplanted into a three-dimensional format.

A widely watched lawsuit between a billionaire and top art tycoon has expanded to include one of the most private and powerful families in the art world.

Last week, a judge granted a motion by billionaire financier Ronald O. Perelman to depose members of the Mugrabi family as part of a lawsuit between Perelman and art megadealer Larry Gagosian. According to people familiar with the case, the depositions are scheduled for September and could delve into the financial relationships and dealings between the Mugrabis and Gagosian.

Amagansett firefighters are working to contain a fire in a guest house on the art dealer Larry Gagosian's Further Lane property. 

The fire, which was suspected to be electrical in origin, was reported after an alarm went off around 4:45 p.m. Firefighters reported light smoke in the crawl space, and they were checking behind walls with thermal imaging cameras.

The iconic 11,000-square-foot house, designed by the late Charles Gwathmey, was heavily damaged in a June 2011 fire that was linked to plumbing work.

On Tuesday, May 13, Christie’s Post-War and Contemporary Art evening sale in New York achieved a jaw-dropping $745 million -- the highest total for a single auction in art history. The sale exceeded the auction house’s results in November of $691.6 million as well as last May’s total of $495 million for postwar and contemporary artworks.

The auction, which carried a pre-sale estimate of approximately $500 million, was brimming with top-notch material. Out of the 72 lots offered, only four failed to find buyers. New auction records were set for a spate of high-selling artists, including Alexander Calder, Joseph Cornell, Barnett Newman, and Frank Stella.

Acquavella Galleries in New York is currently hosting the exhibition “Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection.” The show was curated by Fred Hoffman, who was introduced to Basquiat by fellow art dealer Larry Gagosian in 1982. Hoffman helped Basquiat produce five editions of prints, which were published in 1983 by New City Editions in Venice, California. Hoffman also assisted in the production of the artist’s 1984 silkscreen paintings and co-curated Basquiat’s retrospective at the Brooklyn Museum in 2005. He is the Ahmanson Curatorial Fellow at the Museum of Contemporary Art in Los Angeles.

“Jean-Michel Basquiat Drawing” features 22 works on paper and two paintings from the collection of Herbert and Lenore Schorr, Los Angeles-based collectors who met the artist in 1981, before his first exhibition in New York. The Schorrs quickly became Basquiat’s devoted collectors, supporters, and friends. While the couple owns several seminal Basquiat paintings, what makes their holdings so unique is their vast collection of works on paper. Hoffman said, “The Schorrs astutely understood that working on paper was equally central to his practice as painting on canvas. The collection demonstrates both the focus and ambition that the artist invested in the medium of drawing.” Drawing is an essential component of Basquiat’s graffiti-inspired Neo-expressionist and Primitivist works. Between 1980-1988, the artist produced approximately 1,000 works on paper that exemplify his frenetic, bold, and gestural style.

The two paintings on view at Acquavella Galleries include a portrait that Basquiat painted of the Schorrs and “Leonardo da Vinci’s Greatest Hits,” which was part of an exhibition at Fun Gallery in New York in 1983. The show didn’t receive any critical attention and the Schorrs were the only people to buy a painting. “Leonardo da Vinci’s Greatest Hits” is now considered a foremost example of Basquiat’s work. Lenore Schorr said, “We had so much confidence in him from the beginning and couldn’t understand why other people couldn’t see it.”

Today, Basquiat, who died in 1988 at the age of 27, commands extremely high prices at auction. In May 2013, “Dustheads” sold for $48.8 million at Christie’s, setting the record for Basquiat at auction. His work is included in private and public collections throughout the world, including the Broad Art Foundation in California, Centre Georges Pompidou in Paris, Museu d’art Contemporani de Barcelona in Spain, and the Museum of Modern Art in New York.

Acquavella Galleries was founded by Nicholas Acquavella in 1921. The gallery initially specialized in works of the Italian Renaissance, but in 1960, when Acquavella’s son William joined the business, the gallery expanded to major works of the 19th and 20th centuries, including masters of Impressionism, Post-Impressionism, Cubism, and Surrealism. The gallery has since expanded and the entire scope of the 20th century is now represented.

“Jean-Michel Basquiat Drawing: Works from the Schorr Family Collection” will remain on view at Acquavella Galleries through June 13.

The Miami art fair PULSE just kicked a little sand in the face of its rivals.

The contemporary art fair plans to relocate from downtown Miami to a spot along the beach this winter—a move to lure more visitors and stand out from the crowd of more than a dozen art fairs that hit the city every December. Fair director Helen Toomer unveiled the new location in an interview Thursday.

Thirty-five out of forty-four senior art students were left without their sketchbooks, canvases, brushes, books, and completed works after a fire broke out at Pratt Institute in New York City on February 15, 2013. The fire, which ignited in Pratt’s historic Main Building due to faulty electrical wiring, also destroyed much of the structure’s roof and the studios that painting students are given in their final year.

In an effort to ease the students’ crushing loss, art dealer Larry Gagosian has partnered with Pratt to present a special drawing and painting exhibition. Gagosian was especially moved by Pratt’s fire as he almost lost a sizable chunk of his own collection after a fire broke out at his home in the Hamptons in 2011.

Flameproof will feature 100 works by Pratt’s 44 senior drawing and painting students and will be curated by Eugenie Tsai, the John and Barbara Vogelstein Curator of Contemporary Art at the Brooklyn Museum. The exhibition is focused on the students’ collective experience at Pratt and was largely facilitated by the Pratt recovery effort, which provided students with donated supplies and gift cards from the school’s administration and local art stores.

Flameproof will be held at the Seagram Building on Park Avenue from May 9-14, 2013.